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30 N 20th St 0.79 Acres of Residential Land Offered at $2,033,037 CAD in Phoenix, AZ 85034
INVESTMENT HIGHLIGHTS
- Prime .792-acre infill development site in the heart of Central Phoenix
- Situated in a Qualified Census Tract, enhancing eligibility for additional federal programs and financing tools
- Immediate access to Interstate 10, State Route 51, and Loop 202
- Located within a federally designated Opportunity Zone offering significant tax advantages
- R-5 High-Density Residential zoning allows up to ~45+ units per acre
- Surrounded by ongoing urban revitalization and redevelopment activity
EXECUTIVE SUMMARY
in the region. Ideally situated between Downtown and Midtown Phoenix, the site provides seamless access to the city’s most significant employment, education, transit,
and cultural amenities. Located in a federally designated Opportunity Zone, the property sits in a strategic position to benefit from both public and private reinvestment
that continues to fuel growth in the Central City area.
The surrounding neighborhood has experienced multifaceted redevelopment over the past decade, driven by demand for higher-density housing close to the urban core.
The property offers direct connectivity to major transportation networks, including Interstate 10, State Route 51, and the Phoenix Light Rail, enabling convenient mobility
for future residents and tenants. Numerous bus routes, bike lanes, and pedestrian pathways further enhance accessibility.
Within minutes, one can reach major regional destinations such as Downtown Phoenix, home to government agencies, financial institutions, legal firms, ASU’s Downtown
Campus, and world-class entertainment venues like Chase Field and Mortgage Matchup Center. Midtown Phoenix, known for its healthcare employers, corporate office
towers, and arts institutions, is also nearby, driving strong demand for housing and mixed-use development.
This exceptional location—paired with flexible R-5 zoning, Opportunity Zone incentives, and Qualified Census Tract designation—supports a wide range of potential
development paths, including multi-family housing, mixed-use concepts, workforce housing, or market-rate residential communities. The site’s central position ensures
long-term desirability and strong demand.
All Opportunity Zone statements as well as utilities availability and locations to be verified by Buyer during due diligence.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $2,033,037 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.79 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R-5 - Multiple Family Residence | ||
| Price | $2,033,037 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.79 AC |
| Opportunity Zone |
Yes |
| Zoning | R-5 - Multiple Family Residence |
1 LOT AVAILABLE
Lot
| Price | $2,033,037 CAD | Lot Size | 0.79 AC |
| Price Per AC | $2,566,965.58 CAD |
| Price | $2,033,037 CAD |
| Price Per AC | $2,566,965.58 CAD |
| Lot Size | 0.79 AC |
.792± acre infill site at 30 N 20th St in Phoenix, ideally located between Downtown and Midtown. Opportunity Zone with R-5 zoning, excellent freeway and light rail access, and strong demand for multifamily or mixed-use development.
DESCRIPTION
Introducing a prime investment opportunity at 30 N 20th St, Phoenix, AZ, 85034. Nestled in the heart of the Multi Family area and zoned R-5, this property presents an enticing prospect for the discerning Land/Multifamily investor. With its strategic location and versatile zoning, the property offers immense potential for the development of multifamily residences. Embrace the chance to capitalize on this thriving market and maximize your investment returns. Explore the possibilities and secure your foothold in an area primed for growth and success. PROPERTY HIGHLIGHTS * Prime .792-acre infill development site in the heart of Central Phoenix. * Located within a federally designated Opportunity Zone offering significant tax advantages and situated in a Qualified Census Tract, enhancing eligibility for additional federal programs and financing tools. * R-5 High-Density Residential zoning allows up to ~45+ units per acre * Ideal for multi-family, mixed-use, workforce housing, or market-rate development * Minutes from Downtown and Midtown Phoenix. * Immediate access to Interstate 10, State Route 51, and Loop 202 * Surrounded by ongoing urban revitalization and redevelopment activity * Strong rental demand driven by proximity to ASU Downtown, major hospitals, and corporate offices * Flat, usable site with excellent development efficiency * All utilities available (buyer to verify), streamlining planning and entitlement * Emerging corridor with significant public and private investment momentum * Highly flexible site accommodating diverse building typologies and project concepts
PROPERTY TAXES
| Parcel Number | 115-03-113 | Improvements Assessment | $0 CAD |
| Land Assessment | $27,615 CAD | Total Assessment | $27,615 CAD |
PROPERTY TAXES
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30 N 20th St
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