756 W BROADWAY Road 3, Phoenix, AZ 85041

New Listing
$249,900
Property Type: Land Lot Size (sq. ft.): 22,974 Status: Active
Current Price: $249,900 List Date: 2/22/2026 Last Modified: 2/22/2026

Description

Prime Development Opportunity - Two Adjacent Lots | Endless Potential Rare opportunity to acquire two separate parcels totaling approximately 1 acre when combined! Each lot is offered at $250,000, presenting investors and developers the flexibility to purchase individually or together for expanded possibilities. Currently zoned R-5 (Multi-Family Residential), this property already offers strong development potential. Even more exciting -- the previous owner initiated the rezoning process to C-2, opening the door to an even wider range of commercial and mixed-use opportunities (buyer to verify with the city).

Supplements: Why This Property Stands Out:  Two parcels - buy one or both  Approx. 1 acre combined  Current R-5 zoning (multi-family potential)  Rezoning process toward C-2 previously started  High-growth area with strong demand  Ideal for developers, builders, or long-term investors With multi-family, mixed-use, or potential commercial flexibility, this property offers tons of upside and future value appreciation. Whether you're looking to build residential units, explore commercial development, or secure land in a growing corridor -- this is a strategic acquisition. Opportunities like this don't come around often. Secure one lot or maximize your footprint with both.

More Information MLS# 6988186

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $249,900 List Price: $249,900 Status: Active List Date: 2026-02-19

Location, Tax & Legal

Lot #: 3 Assessor's Map #: 56 Legal Description (Abbrev): LOT 3 BROADWAY GARDENS 1 THRU 9 MCR Assessor's Parcel #: 3 Assessor Parcel Ltr: A Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 114800 Taxes: 1397 House Number: 756 Compass: W Street Name: BROADWAY St Suffix: Road City/Town Code: Phoenix State/Province: AZ Zip Code: 85041 Zip4: 2303 County Code: Maricopa Assessor Number: 105-56-003-A Subdivision: BROADWAY GARDENS 1 THRU 9 Tax Year: 2025

General Property Description

Apx Total Acres: 0.53 Apx Total Acres G/N: N Price Per Acre: 471509.43 Apx SqFt: 22974 Price Per SqFt: 10.88 Apx SqFt G/N: G Lot Size Dimensions: 99.91X230.74 Flood Zone: No Elementary School District: Roosevelt Elementary District High School District: Phoenix Union High School District Elementary School: Cesar E Chavez Community School Jr. High School: Cesar E Chavez Community School High School: Phoenix Coding Academy Zoning: R-5

Legal Info

Range: 3E Section: 19 Township: 1N Lot Number: 3

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 249900 Total Owed: 0

Assoc/Prop Info

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

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Other: 1

Existing Land Use

Residential Lot: 1

Zoned Presently

Multi-Family: 1

Potential Use

Single Family: 1 Multi-Family: 1 Commercial: 1 Mobile/Mgf Hme/RV's: 1 Ranch: 1

Parcel Size

.50 - .99 Acres: 1

View

City: 1 Desert: 1

Water Source

Other: 1

Sewer

Sewer - Public: 1

Electric

City Electric: 1

Gas

City Gas: 1

Distance to Cable

Under 350 Feet: 1

New Financing

Cash: 1 Conventional: 1 1031 Exchange: 1

Distance to Phone

Under 350 Feet: 1

Distance to Water

Under 350 Feet: 1

Distance to Electric

Under 350 Feet: 1

Distance to Gas

Under 350 Feet: 1

Distance to Sewer

Under 350 Feet: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Remarks Misc

Cross Street: 7th Ave and Broadway Geo Lat: 33.407133 Geo Lon: -112.084238

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Multi-Family Potential Use: Single Family; Multi-Family; Commercial; Mobile/Mgf Hme/RV's; Ranch Parcel Size: .50 - .99 Acres View: Desert Water Source: Other Sewer: Sewer - Public Electric: City Electric Gas: City Gas Distance to Cable: Under 350 Feet Distance to Phone: Under 350 Feet Distance to Water: Under 350 Feet Distance to Electric: Under 350 Feet Distance to Gas: Under 350 Feet Distance to Sewer: Under 350 Feet New Financing: Cash; Conventional; 1031 Exchange Environmental: None Lockbox Type: Other
Listing Office: ARRT of Real Estate
IDX
Last Updated: February - 22 - 2026
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