4249 N 16th St - Vacant Land 0.63 Acres of Residential Land Offered at $2,324,008 CAD in Phoenix, AZ 85016

Prime Central Phoenix Infill Development Opportunity | Mixed C-2 & R-3 Zoning
Exceptional opportunity to acquire a rare mixed-use development site in the heart of Central Phoenix at 4249 N 16th St, Phoenix, AZ 85016. This vacant parcel features C-2 zoning on the front half of the property and R-3 zoning on the rear, offering tremendous flexibility for developers, investors, and owner-users.

This is one of the few remaining commercially zoned infill development sites in the Central Phoenix corridor, making it an outstanding opportunity for residential, mixed-use, or commercial development.
Property Highlights
Mixed C-2 (front) and R-3 (rear) zoning
Plans submitted to the City of Phoenix for 8 modern townhomes
Rare Central Phoenix infill development opportunity
High-traffic frontage with excellent visibility
Utilities available at the property
Flexible development potential
Minutes from SR-51, Downtown Phoenix, Midtown, the Camelback Corridor, and Sky Harbor International Airport
Development Potential
The existing zoning allows for numerous possibilities, including:
Modern townhome community
Mixed-use residential and commercial development
Medical office
Professional office
Retail
Restaurant or café
Boutique fitness
Automotive and service-related uses
Live/work concepts
The front C-2 zoning provides valuable commercial flexibility, while the rear R-3 zoning creates an ideal opportunity for higher-density residential development.
Why This Location?
Located in one of Phoenix's most established and rapidly appreciating infill markets, 4249 N 16th St benefits from exceptional connectivity and strong surrounding demographics. The property is just minutes from the Camelback Corridor, Biltmore Financial District, Midtown Phoenix, Downtown Phoenix, and SR-51, providing convenient access to some of the Valley's largest employment centers.
Central Phoenix continues to experience strong demand from professionals, healthcare employees, and residents seeking an urban lifestyle close to employment, dining, retail, and entertainment. With very few vacant development sites remaining in this highly desirable corridor, opportunities like this are becoming increasingly scarce.
Whether you're looking to develop townhomes, create a mixed-use project, or capitalize on the flexibility of C-2 commercial zoning, this property offers outstanding long-term value in one of Arizona's strongest infill markets.
Contact the listing agent for the submitted development plans, zoning information, and additional due diligence materials.