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Royal Inn 2510 W Palo Verde Dr 23 Room Hotel Phoenix, AZ 85017 For Sale
Investment Highlights
- Prime I-17 Freeway Visibility – Exceptional exposure along Interstate 17 with traffic counts exceeding 209,000 vehicles per day.
- Strategic Phoenix Location – Ideally situated near the Bethany Home Road full-diamond interchange with convenient access to Downtown Phoenix.
- Existing 23-Unit Building – ±8,550 SF property offering immediate adaptive reuse or redevelopment opportunities on-site.
- Value-Add & Redevelopment Opportunity – Flexible repositioning potential for investors, developers, and owner-users seeking added value.
- Flexible R-5 Zoning – Supports a variety of potential uses including multifamily, hospitality, medical, wellness, office, and specialty housing.
- Corner-Lot Presence – Prominent location with strong visibility and accessibility, creating a highly recognizable address for future occupants.
Executive Summary
Value add/ redevelopment opportunity, call broker for more information.
Property Facts
| Sale Type | Investment | No. Rooms | 23 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 1973 |
| Building Class | C | Parking Ratio | 3/1,000 SF |
| Lot Size | 0.34 AC | Corridor | Exterior |
| Building Size | 8,550 SF | Opportunity Zone |
Yes
|
| Zoning | R-3, Phoenix | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 8,550 SF |
| No. Rooms | 23 |
| No. Stories | 3 |
| Year Built | 1973 |
| Parking Ratio | 3/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | R-3, Phoenix |
Amenities
- Business Center
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 23 | $67.80 CAD | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $10,273 CAD | Total Assessment | $116,795 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$10,273 CAD
Improvements Assessment
$0 CAD
Total Assessment
$116,795 CAD
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Royal Inn | 2510 W Palo Verde Dr
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