This vacant land parcel presents a rare development opportunity in the South Phoenix (85040)area — a location with strong redevelopment momentum just minutes from Downtown Phoenix and key transportation corridors. The subject site lies within a primarily residential and mixed-use corridor of East Chipman Road, positioned near a mix of single-family homes, multifamily properties, and redevelopment parcels. The surrounding area exhibits diverse housing types, ranging from traditional single-family lots to larger multifamily investment properties — reflecting increasing demand for urban-proximate infill land. Development Potential: Nearby parcels along Chipman Road have been marketed or traded as development sites for residential and multifamily projects, underlining the strong redevelopment potential of infill lots in this section of the 85040 zip code.

Listing courtesy of My Home Group Real Estate.



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: 2026-01-02 01:44 AM UTC