764 W BROADWAY Road 2, Phoenix, AZ 85041

$228,900

Property Type: Land Lot Size (sq. ft.): 22,774 Status: Active

Current Price: $228,900 List Date: 9/30/2026 Last Modified: 11/09/2026

Overview

Description

Prime Development Opportunity - Two Adjacent Lots | Endless Potential. 2 LOTS- Each lot is offered at $229,000 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, thi ... (Read more)

Listing Details MLS# 6988188

Location, Tax & Legal

House Number: 764
Compass: W
Street Name: BROADWAY
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85041
Zip4: 2303
Country: US
County Code: Maricopa
Assessor Number: 105-56-002-A
Subdivision: BROADWAY GARDENS 1 THRU 9
Tax Year: 2025

Contract Information

For Sale or Lease?: Sale
Type: Exclusive Right To Sell

General Property Description

Apx Total Acres: 0.52
Apx Total Acres G/N: G
Price Per Acre: 440192.31
Apx SqFt: 22774
Price Per SqFt: 10.05
Apx SqFt G/N: G
Lot Size Dimensions: 99.91X229.75
Zoning: R-5
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

Remarks Misc

Cross Street: 7TH Ave and Broadway

Legal Info

Township: 1N
Range: 3E
Section: 19
Lot Number: 2

Showing Notification Methods

Showing Service: Aligned Showings

More Information

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Multi-Family Potential Use: Multi-Family; Commercial; Mobile/Mgf Hme/RV's; See Remarks 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 Existing 1st Loan: Other (See Rmks) New Financing: Cash; Conventional Environmental: None Lockbox Type: See Private Remarks

Listing Office: ARRT of Real Estate

Office Phone: 480-300-7776

Office Email: alyciarobins@gmail.com

Last Updated: November - 09 - 2026