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Marshall Way - SWC Indian School Road & Marshall Way 0.38 Acres of Commercial Land in Scottsdale, AZ 85251
Investment Highlights
- Call for Pricing & Details
- Fully Entitled for 81 Multifamily Units
- Sites Can be Sold Separately
- Alternative Development Opportunities - Condo, Restaurant or Retail - All Subject to City Approval
Executive Summary
The Artisan Scottsdale represents a rare opportunity to acquire a fully entitled, shovel-ready mixed-use development site in the heart of Old Town Scottsdale’s coveted Arts District. Prominently situated on approximately ±0.81 acres at the signalized Southwest corner of Indian School Road and Marshall Way, the property benefits from exceptional visibility and direct access to one of Arizona’s premier cultural and lifestyle destinations. The entitled plan calls for 81 luxury Multifamily units across two desert-contemporary buildings at 4 and 5 stories, along with approximately 5,000 square feet of ground-floor commercial space.
The two separate land parcels are divided by a public alleyway and are being offered both individually or together, allowing buyers to tailor the acquisition to their specific objectives. Beyond the current entitlements, alternative development
strategies could potentially include condominium product, or retail and restaurant uses via a C-2 zoning reversion, all subject to City of Scottsdale approvals.
As one of the last remaining undeveloped sites in Old Town Scottsdale, defined by world-class dining, boutique shopping, and iconic destinations including Scottsdale Fashion Square and the Scottsdale Waterfront, this is an extremely rare trophy development opportunity with flexibility and untapped potential.
The two separate land parcels are divided by a public alleyway and are being offered both individually or together, allowing buyers to tailor the acquisition to their specific objectives. Beyond the current multifamily plan, alternative development strategies could potentially include condominium product, or through a C-2 zoning reversion retail or restaurant uses, all subject to City of Scottsdale approvals.
As one of the last remaining undeveloped sites in Old Town Scottsdale, defined by world-class dining, boutique shopping, and iconic destinations including Scottsdale Fashion Square and the Scottsdale Waterfront, this is an extremely rare trophy development opportunity with flexibility and upside.
The two separate land parcels are divided by a public alleyway and are being offered both individually or together, allowing buyers to tailor the acquisition to their specific objectives. Beyond the current entitlements, alternative development
strategies could potentially include condominium product, or retail and restaurant uses via a C-2 zoning reversion, all subject to City of Scottsdale approvals.
As one of the last remaining undeveloped sites in Old Town Scottsdale, defined by world-class dining, boutique shopping, and iconic destinations including Scottsdale Fashion Square and the Scottsdale Waterfront, this is an extremely rare trophy development opportunity with flexibility and untapped potential.
The two separate land parcels are divided by a public alleyway and are being offered both individually or together, allowing buyers to tailor the acquisition to their specific objectives. Beyond the current multifamily plan, alternative development strategies could potentially include condominium product, or through a C-2 zoning reversion retail or restaurant uses, all subject to City of Scottsdale approvals.
As one of the last remaining undeveloped sites in Old Town Scottsdale, defined by world-class dining, boutique shopping, and iconic destinations including Scottsdale Fashion Square and the Scottsdale Waterfront, this is an extremely rare trophy development opportunity with flexibility and upside.
Property Facts
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.38 AC |
| Property Type | Land | Cross Streets | 1st Avenue |
| Property Subtype | Commercial | Opportunity Zone |
Yes
|
| Zoning | D/DMU-2 PBD DO,D/DC-1 PBD - (Downtown/ Downtown Multiple Use Type- 2 Planned Block Development Downtown Overlay),(Downtown/ Downtown Core Type1 Planned Block Development Downtown | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.38 AC |
| Cross Streets | 1st Avenue |
| Opportunity Zone |
Yes |
| Zoning | D/DMU-2 PBD DO,D/DC-1 PBD - (Downtown/ Downtown Multiple Use Type- 2 Planned Block Development Downtown Overlay),(Downtown/ Downtown Core Type1 Planned Block Development Downtown |
1 Lot Available
Lot
| Lot Size | 0.38 AC |
| Lot Size | 0.38 AC |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $115,218 CAD | Total Assessment | $193,713 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$115,218 CAD
Improvements Assessment
$0 CAD
Total Assessment
$193,713 CAD
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Marshall Way - SWC Indian School Road & Marshall Way
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