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Residential Land for Sale in Phoenix, Arizona

2804 E Broadway Rd, Phoenix, AZ 85040

$640,000
0.88 acres
Active sale
ago
Est $4,433/mo

Exceptional 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.

Location

Street address
2804 E Broadway Rd
Zip code
85040
Community
Carefree Homes BLK 8
School district
Roosevelt Elementary District
Elevation
1,112 feet
Coordinates
33.4073, -112.0204

Directions

Land is on NE corner of Broadway Rd and 28th Street.

Property details

Lot size
0.88 acres38,333 sq ft
Zoning
R-5
MLS #
ARMLS 7038862
Posted

Property taxes

2022
$1,425

Parcels

  • 122-17-040-A

Legal description

Details and features

Listing

Type
Land
Conditions
Probate Listing

Lot

View
City
Features
North/South Exp

Structure

Sewer
Public Sewer

Listing history

DateEventPriceChangeSource
June 8, 2026New listing$640,000ARMLS
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This 0.88-acre property is located at 2804 E Broadway Rd in Phoenix, AZ 85040. The property is available for sale for $640,000.

Listed by HomeSmart, (602) 230-7600

Checked 1 hour agoUpdated Source

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