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
Price cut: $15K (5/3)
$230,000
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
- 125 days |
- 183 |
- 13 |
Zillow last checked:
Listing updated:
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: 123 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/3/2026 | Price change | $230,000-6.1% |
Source: | ||
| 4/24/2026 | Price change | $245,000-2% |
Source: | ||
| 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
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
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.
See how much you could borrow to make a competitive offer.
Climate risks
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Phoenix
- 85041
- South Mountain
- 764 W BROADWAY Road Unit 2



