1627 E WOOD Street -, Phoenix, AZ 85040

$1,599,999
Property Type: Land Lot Size (sq. ft.): 52,721 Status: Pending
Current Price: $1,599,999 List Date: 8/04/2025 Last Modified: 2/02/2026

Overview

Description

Vacant land that has been graded. Sale includes paving and the plans for a 42 unit apartment complex. The property is located in an opportunity zone and a QCT. Buyer to verify all information.

Listing Details MLS# 6901309

Location, Tax & Legal

House Number
1627
Compass
E
Street Name
WOOD
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85040
Zip4
1359
Country
US
County Code
Maricopa
Assessor Number
122-39-019-F
Tax Year
2024
Lot #
-
Assessor's Map #
39
Legal Description (Abbrev)
PT SW4 SW4 SEC 22 DAF COM SW COR SEC 22 TH N 33F TH N 88D 58M E 400.26F TH N 200.03F TO POB TH N 395
Assessor's Parcel #
19
Assessor Parcel Ltr
F
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
115300
Taxes
2221

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
1.21
Apx Total Acres G/N
G
Price Per Acre
1322313.22
# Lots in Listing
Yes
# Units Allowed
42
Apx SqFt
52721
Price Per SqFt
30.35
Apx SqFt G/N
G
Lot Size Dimensions
133 x 295
Street Frontage
133
Zoning
R5

Remarks Misc

Cross Street
16th Street and Broadway Rd
Directions
North of Broadway on 16th Street to Wood Street. East to vacant land parcel.

Status Change Info

Off Market Date
2026-02-02
Under Contract Date
2026-02-02

Legal Info

Township
1N
Range
3E
Section
22
Lot Number
-

More Information

Showing Notification Methods

Showing Service
Aligned Showings
No Notification Required to Show
Yes

Special Listing Cond

N/A
Yes

Pmt & Rate Info

Equity
1599999
Total Owed
0

Assoc/Prop Info

HOA Y/N
N
PAD Fee Y/N
N
Assessed Balance
0
HOA 2 Y/N
N

Lockbox Type

None
Yes

Existing Land Use

Residential Lot
Yes

Zoned Presently

Multi-Family
Yes

Parcel Size

1.00 - 2.49 Acres
Yes

Current Density

31 - 35 Units P/Acre
Yes

Development Status

Other
Yes

Road Access Type

Dedicated Street
Yes

Road Responsibility

City Maintained Road
Yes

Fencing

Chain Link
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Electric

SRP
Yes

Gas

None
Yes

Existing Structures

None
Yes

Distance to Cable

Call Listing Office
Yes

New Financing

Other (See Rmks)
Yes

Distance to Phone

Call Listing Office
Yes

Distance to Water

Under 350 Feet
Yes

Distance to Electric

On Property
Yes

Distance to Gas

Call Listing Office
Yes

Distance to Sewer

Under 350 Feet
Yes

Reports/Disclosures

Other (See Rmks)
Yes

Environmental

Other (See Rmks)
Yes

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Multi-Family Parcel Size: 1.00 - 2.49 Acres Current Density: 31 - 35 Units P/Acre Development Status: Other Road Access Type: Dedicated Street Road Responsibility: City Maintained Road Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: Under 350 Feet Distance to Electric: On Property Distance to Gas: Call Listing Office Distance to Sewer: Under 350 Feet New Financing: Other (See Rmks) Environmental: Other (See Rmks) Showing Notification Methods: No Notification Required to Show Lockbox Type: None Fencing: Chain Link

Documents

IDX
Listing Office: City to City Commercial
Last Updated: February - 02 - 2026
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