Listed by Colliers - Scottsdale, Arizona
Unpriced
2510 West Palo Verde Drive
Details
Property Type Hospitality, Special Purpose
Sub Type Motel, Redevelopment opportunity
Square Footage 8,550
Units 23
Class C
Year Built 1973
Buildings 1
Stories 3
Acreage 0.340
Zoning Zoning: R-5, City of Phoenix
Investment Type Redevelopment
Ground Lease No
Prime I-17 Redevelopment Opportunity with Unmatched Freeway Visibility
Marketing description
• Sale Price: Call for pricing
• Total Building Size: ±8,550 SF
• Lot Size: ±0.34 AC
• Maricopa APN: 153-05-055; -056
• Year Built: 1973
• Rooms: 23 Units
• Zoning: R-5, City of Phoenix
Investment highlights
Situated along Interstate 17 in Central Phoenix, 2510 W Palo Verde Drive presents a compelling value-add and redevelopment opportunity with exceptional freeway visibility and flexible zoning. The property's strategic location, existing improvements, and multiple potential use cases create a unique opportunity for investors, developers, and owner-users seeking to capitalize on one of Phoenix's most heavily traveled corridors.
- Exceptional Freeway Exposure – Highly visible location along I-17 with traffic counts exceeding 209,000 vehicles per day, providing outstanding branding and future leasing potential.
- Value-Add Redevelopment Opportunity – Ideal for investors seeking to reposition, renovate, or redevelop the property into a higher-value use.
- Flexible R-5 Zoning – Supports a variety of potential uses including multifamily, hospitality, medical, wellness, office, and specialty housing concepts.
- Strategic Central Phoenix Location – Convenient access to Interstate-17, major employment centers, and regional transportation corridors.
- Existing 23-Unit Improvement – Provides a foundation for adaptive reuse, income generation, or future redevelopment on the ±0.34-acre site.
Listing Contacts
Listed by Colliers - Scottsdale, Arizona
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Zoning
R-5 ResidentialMulti FamilyMultifamily Residence Restricted Commercial
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View all 73 uses
View all 73 uses Last updated Apr 13, 2026 For deeper zoning details, reports are available at Zoneomics
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