Property Details

Downtown Phoenix Development Opportunity — Off-Market | Investor Only

Quick Highlights
• Address: 502 W Mohave St, Phoenix, AZ 85003
• Asking Price: $195,000
• Zoning: Downtown Phoenix Infill
• Lot Size: ~8,337 sq ft
• Existing Structure: Teardown or major renovation
• Current Status: Vacant
• Ideal For: Builders, Developers, Infill Investors
• Sale Type: Off-Market | As-Is

Property Overview

Prime downtown Phoenix infill opportunity located in an active redevelopment corridor, directly across from recent new construction. This off-market lot presents a strong value-add play for investors looking to build a single-family new construction or modern infill project in a high-demand urban core.

Surrounded by ongoing redevelopment and new builds, the property offers clear upside and strong exit potential for a well-executed project.

Development Highlights

• Zoned for downtown Phoenix infill
• Generous ~8,337 sq ft lot
• Existing structure suitable for full teardown or major rehab
• Located in a rapidly improving redevelopment pocket
• Strong resale demand and limited nearby inventory
• Ideal for modern infill or custom new construction

Nearby Redevelopment / Upside

• Directly across W Mohave St from recent redevelopment
• Nearby comparable new construction sold / valued around $850,000
• Area supported by continued investment and urban growth

Terms

• Price: $195,000
• Condition: As-Is
• Preferred Financing: Cash or Hard Money
• Close Timeline: Fast close available

Why This Deal Works

• Off-market pricing in a downtown corridor
• Clear highest-and-best-use opportunity
• Strong comp support for resale
• Ideal for builders seeking urban infill product
• Scarcity of buildable downtown lots

Access

• Vacant lot — easy to walk
• Showings available by appointment

Next Steps

Serious investors only.
Contact us for details, site walk, or to secure this downtown Phoenix infill opportunity.