Prime Development Opportunity - Two Adjacent Lots | Endless Potential. 2 LOTS- Each lot is offered at $250,000
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). 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, this property offers tons of upside and future value appreciation. Whether you're looking to build residential units, explore commercial development, or secure land in a growing corridor -- this is a strategic acquisition.
Opportunities like this don't come around often. Secure one lot or maximize your footprint with both.
Lot/land
$249,900
764 W BROADWAY Road #2, Phoenix, AZ 85041
--beds
--baths
0.52Acres
Land
Built in ----
0.52 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 29 days |
- 392 |
- 24 |
Zillow last checked: 7 hours ago
Listing updated: March 06, 2026 at 10:42am
Listed by:
Anastasia Plesco 480-300-2879,
ARRT of Real Estate
Source: ARMLS,MLS#: 6988188

Facts & features
Property
Features
- Has view: Yes
- View description: City, Desert
Lot
- Size: 0.52 Acres
- Dimensions: 99.91 x 229.75
Details
- Parcel number: 10556002A
- Zoning: R-5
Utilities & green energy
- Electric: City Electric
- Sewer: Public Sewer
- Water: Other
Community & HOA
Community
- Subdivision: BROADWAY GARDENS 1 THRU 9
HOA
- Has HOA: No
Location
- Region: Phoenix
Financial & listing details
- Annual tax amount: $1,386
- Date on market: 2/22/2026
- Cumulative days on market: 27 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/22/2026 | Listed for sale | $249,900-13.8% |
Source: | ||
| 5/1/2025 | Listing removed | $290,000 |
Source: | ||
| 3/28/2025 | Price change | $290,000-17.1% |
Source: | ||
| 10/8/2024 | Listed for sale | $350,000+100% |
Source: | ||
| 12/13/2023 | Listing removed | -- |
Source: | ||
| 9/14/2022 | Sold | $175,000 |
Source: | ||
| 8/5/2022 | Listed for sale | $175,000-12.5% |
Source: | ||
| 10/18/2021 | Listing removed | $199,999 |
Source: | ||
| 7/5/2021 | Listed for sale | $199,999+344.4% |
Source: | ||
| 1/20/2021 | Sold | $45,000-18.3% |
Source: | ||
| 11/6/2018 | Pending sale | $55,080 |
Source: Legendary Properties, LLC #5503929 Report a problem | ||
| 11/6/2018 | Listed for sale | $55,080 |
Source: Legendary Properties, LLC #5503929 Report a problem | ||
| 7/10/2017 | Listing removed | $55,080 |
Source: Legendary Properties, LLC #5503929 Report a problem | ||
| 6/11/2017 | Price change | $55,080-15% |
Source: Legendary Properties, LLC #5503929 Report a problem | ||
| 2/28/2017 | Price change | $64,800-10% |
Source: Legendary Properties, LLC #5503929 Report a problem | ||
| 2/1/2017 | Listed for sale | $72,000 |
Source: Legendary Properties, LLC #5503929 Report a problem | ||
| 2/1/2017 | Pending sale | $72,000 |
Source: Legendary Properties, LLC #5503929 Report a problem | ||
| 1/25/2017 | Price change | $72,000-15.8% |
Source: Legendary Properties, LLC #5503929 Report a problem | ||
| 12/8/2016 | Price change | $85,500-10% |
Source: Legendary Properties, LLC #5503929 Report a problem | ||
| 9/29/2016 | Listed for sale | $95,000 |
Source: Legendary Properties, LLC #5503929 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: South Mountain
Nearby schools
GreatSchools rating
- 9/10Cesar E Chavez Community SchoolGrades: PK-8Distance: 1 mi
- 3/10Cesar Chavez High SchoolGrades: 9-12Distance: 4.2 mi
Schools provided by the listing agent
- Elementary: Cesar E Chavez Community School
- Middle: Cesar E Chavez Community School
- High: Phoenix Coding Academy
- District: Roosevelt Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 85041
- Arizona
- Maricopa County
- Phoenix
- 85041
- South Mountain
- 764 W BROADWAY Road Unit 2



