314-26 N 16TH Street # 34 Phoenix, AZ ^$ 875,000

314-26 N 16TH Street # 34

^$ 875,000

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314-26 N 16TH Street # 34

Phoenix, AZ, 85006

^$ 875,000

Studio Baths0.0

Monthly Estimate*

^$ 5,816

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Studio

Lots and Land for sale in Phoenix, AZ

for $875,000. The lot size is 0.68.

Close to 30,000 sf four contiguous lot assemblage that is perfectly positioned. 314, 318, 322, 324 N. 16th St make up the package. Located next to the Historic Garfield District at 16th St/Van Buren St. Commercial use or development play or both. Each lot is 7368 sf with a total of 29,472 sf. Attractive Seller Financing Possible. The lots are surrounded by alleyways on two sides. Strong traffic numbers on a high visibility street for this development opportunity in the middle of it all. The site is close to Downtown Phoenix (1.5 miles), the Downtown ASU Campus (1 mile), and Sky Harbor Airport (2.3 miles). Used car lot most recent use. Could lease out for income and/or develop, providing flexibility. Gentrification is in full swing.

Lots and Land Active

Price

^$ 875,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 5,000

Style

Raw Land

Lot Size

0.68

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6681845

Features

General

Sewer Sewer-In & Connected Public Sewer

Development Status See Remarks Raw Land

Zoning G-C

Electric APS

Topography {u'Level': True}

Township 1N

Unit Number 34

Tax Year 2023

County Maricopa

Property Type Land

HOA / Comm Assn N

Subdivision Name CLOVIS PLACE

Possible Use Other See Remarks Retail Multi-Family Commercial Industrial

Other Structures Other

Special Listing Conditions N/A

Status Active

City Phoenix

Buyer Agent Compensation 2.50

Disclosures Other (See Rmks)

View Y/N N

High School District Phoenix Union High School District

Lot Size Units Acres

Lot Size Square Feet 29472.0

Carport Y/N N

Street Name 16TH

Tax Annual Amount 5000.0

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 79

Standard Status Active

Occupancy Type Vacant

Elementary School District Phoenix Elementary District

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot 34

Buyer Agent Compensation Type %

New_sp_Financing_co_Conventional5 True

Senior Community N

Exterior

Vegetation Other

Fencing Block Chain Link Partial

Lot Features Other See Remarks East/West Exposure

Water Source City Franchise

Lot Size Area 0.68

Spa N

Lot Dimensions 0

Lot Size Acres 0.68

Road Surface Type Dedicated Street Curb(s) & Gutter(s) Sidewalk(s) Alley

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Street Suffix Street

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 31426

* Excluded Features

List By

Better Homes & Gardens Real Estate Sj Fowler

Broker

cstephens@CCIM.net

Affordability Calculator

$6,232

Per Month

Monthly Principal & Interest: $5,816
Monthly Property Taxes: $417
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Phoenix, AZ

Average List Price ^$919,375

Percent of Sale Price 5%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327165 Elementary School

4327058 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/15/2024	$875,000	-2.78%	Price Down
3/24/2024	$900,000		Listed Price

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314-26 N 16TH Street # 34, Phoenix, AZ, 85006 is a Lots and Land for sale at $875,000 with a lot size of 0.68. 314-26 N 16TH Street # 34 is a studio with 0.0 baths. The property's zip code is 85006 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/10/2024.

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314-26 N 16TH Street # 34

Lots and Land for sale in Phoenix, AZ

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