2804 E Broadway Road
Land Zoned Multifamily
Marketing description
Amazing opportunity! Vacant land located in the North East corner of Broadway Rd and 28th Street. This listing is composed of four parcels. Zoned R-5 Multi-family High Density (Up to 43.5 units per acre) This land has 275 feet of frontage on Broadway Road and 145.2 feet of frontage on 28th Street. In addition this land is located on a City of Phoenix Opportunity Zone, a program that provides great tax benefits to investors. To learn more about Opportunity Zones go to:https://www.phoenix.gov/econdev/opportunity-zones
Investment highlights
ceptional development opportunity at the highly visible northeast corner of Broadway Road and 28th Street in Phoenix. This offering consists of four parcels totaling a prime infill site with approximately 275 feet of frontage along Broadway Road and 145.2 feet of frontage on 28th Street, providing outstanding exposure and accessibility. Zoned R-5 Multi-Family High Density, allowing up to 43.5 units per acre, the property presents significant potential for apartment, townhome, or other residential development. Strategically located within a designated City of Phoenix Opportunity Zone, offering potential tax advantages for qualified investors. Rare combination of zoning, frontage, visibility, and location in the heart of a rapidly evolving urban corridor.
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