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$1,675,000
851 Days On Site

111 E SOUTHERN Avenue -
Phoenix, AZ 85040

For Sale|Land|Active
County:
Maricopa
Call Now: 480-731-4663
Is this the listing for you? We can help make it yours.
480-731-4663
111 E SOUTHERN Avenue -111 E SOUTHERN Avenue -111 E SOUTHERN Avenue -
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GREAT OPPORUNITY AWAITS!! Seller will carry with substantial down payment. This nearly 3-acre lot is ready for development! Only 10 minutes from downtown Phx and just steps away from the Light Rail!! Currently zoned as R-5. It's ready for your ideas to take shape. Development could include apartments, asst living facilities, dependent care homes,etc.. In a planned residential development, approximately 120 units could be created. Phoenix has an on-going effort to develop the South-Central Transit Overlay District (TOD).More information about the TOD and additional uses are in the documents tab. It also has three incentive zones on it - DDA & QCT for qualifying for HUD grants, and an Opportunity zone. (See photos) The property could potentially be rezoned to C-2, which would allow for Dispensaries, Self or RV/Boat Storage, etc. There is water and sewer to the property. The site will be cleared in approximately 2 months. No access to the property from the south end. Please see the documents tabs for more information..

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Listing Snapshot
Price 
$1,675,000
Days On Site 
851 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.82 Acres
Year Built 
N/A
MLS Number 
6732075
Status 
Active
Property Tax 
$13,403
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
10 months agoStatus changed to Active
11 months agoPrice changed to $1,675,000
2 years agoListing first seen on site
General Features
Acres 
2.82
Additional Property Use 
CommercialResidential
Cross Street 
S Central Ave and E Southern Ave
Disclosures 
Archeological Site
Sewer 
Public Sewer
Water Source 
Public
Zoning 
R5
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Community Features
School District 
Phoenix Union High School District
Township 
1N
Financing Terms Available 
Cash
Schools
School District
Phoenix Union High School District
Elementary School
Roosevelt Elementary School
Middle School
Unknown
High School
Unknown
Listing courtesy of My Home Group Real Estate.

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All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2026-11-15 04:54 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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