Prime Central Phoenix Development Opportunity
Positioned in a highly desirable central Phoenix setting, this 15,666-square-foot (0.36-acre) C-1 zoned parcel offers a compelling opportunity for an investor, developer, or owner-user seeking a well-located infill site. The property sits within an established neighborhood near major employment, dining, retail, and the downtown core, with city and mountain views visible from the site. The level, rectangular lot provides excellent flexibility for a thoughtfully designed commercial or residential-style development, subject to City of Phoenix review and approvals. Concept imagery illustrates the potential for a contemporary single-level 10-unit courtyard-style project, featuring clean modern architecture, private front entries, desert landscaping, and a polished streetscape presence.
Existing public-record sources describe the site as approximately 0.36 acres / 15,666 square feet, with C-1 zoning and a prior 2,483-square-foot commercial improvement. Buyers should independently verify zoning, permitted uses, utilities, setbacks, parking requirements, density, and all development feasibility with the City of Phoenix.
Accepting backups
$520,000
375 E Alvarado Road #-, Phoenix, AZ 85004
--beds
--baths
0.36Acres
Land
Built in ----
0.36 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Level rectangular lot
- 89 days
- 145
- 16
Zillow last checked:
Listing updated:
Listed by:
Cecilia Mulroy 602-577-5797,
My Home Group Real Estate
Source: ARMLS,MLS#: 7049982

Facts & features
Property
Features
- Fencing: Brick
Lot
- Size: 0.36 Acres
- Dimensions: 130 x 125
- Features: Historic District
Details
- Parcel number: 11853035B
- Zoning: C1
Utilities & green energy
- Electric: Other (See Rmks), APS
- Sewer: See Remarks, Public Sewer
- Water: City Franchise
Community & HOA
Community
- Subdivision: GOETTL PLACE
HOA
- Has HOA: No
Location
- Region: Phoenix
Financial & listing details
- Tax assessed value: $585,600
- Annual tax amount: $5,641
- Date on market: 7/4/2026
- Cumulative days on market: 89 days
- Listing terms: Cash,SBA,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/4/2026 | Listed for sale | $520,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,470 +6.2% | $87,840 +3% |
| 2024 | $5,150 +186.9% | $85,290 +593.7% |
| 2023 | $1,795 -3.1% | $12,295 -76.1% |
| 2022 | $1,852 -0.6% | $51,550 +21.2% |
| 2021 | $1,863 +0.1% | $42,550 +5.4% |
| 2020 | $1,860 +1.6% | $40,360 +13.5% |
| 2019 | $1,831 | $35,560 +33.8% |
| 2018 | $1,831 +4.2% | $26,580 +41.2% |
| 2017 | $1,758 +14% | $18,820 -3.4% |
| 2016 | $1,542 -3.4% | $19,480 +36.6% |
| 2015 | $1,597 | $14,260 +30% |
| 2014 | -- | $10,970 +58.8% |
| 2013 | -- | $6,910 +5.2% |
| 2012 | -- | $6,570 -43.6% |
| 2011 | -- | $11,650 -34.3% |
| 2010 | -- | $17,730 -39.7% |
| 2009 | -- | $29,380 +22.6% |
| 2008 | -- | $23,970 +12.5% |
| 2007 | -- | $21,300 +69.7% |
| 2006 | -- | $12,550 |
| 2005 | -- | $12,550 +0.4% |
| 2004 | -- | $12,500 |
| 2003 | -- | $12,500 +6.8% |
| 2002 | -- | $11,700 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Encanto
Nearby schools
Schools provided by the listing agent
- Elementary: Lowell Elementary School
- Middle: Lowell Elementary School
- High: Central High School
- District: Phoenix Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



