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Residential Land for Sale in Phoenix, Arizona

4003 S 12th St, Phoenix, AZ 85040

$850,000
1.82 acres
Active
$40k drop
Est $4,260/mo

Great Development Location in the Phoenix Opportunity Zone, near the South Phoenix light rail expansion. This nearly 2-acre lot with R-4 zoning could allow a 60-unit project, or subdivide for duplex or single-family home lots. There is water and electricity to the property presently. Convenient access to I-10 and I-17, downtown Phoenix, shopping and entertainment venues.

Sq feet

Location

Street address
4003 S 12th St, Unit : 1
Community
Centergrove Tract 1 Through 16
School district
Roosevelt Elementary District
Elevation
1,087 feet
Coordinates
33.4101, -112.0553

Directions

North on 12th Street from Broadway/MLK Blvd. Property on right just south of Jones Street. No sign on property.

Property details

Acreage
1.82 acres
Zoning
R4
MLS #
ARMLS 6864115
Posted

Property taxes

2024
$1,145 - LOT 1 CENTERGROVE TRACT 1 THROUGH 16 MCR 001807

Parcels

  • 113-25-001-A

Legal description

Details and features

Listing

Type
Land

Exterior

Fencing
Chain Link

Structure

Sewer
Public Sewer

Nearby schools

NameLevelDistrictDescription
Irene Lopez SchoolElementaryRoosevelt Elementary District
Irene Lopez SchoolMiddlePhoenix Union High School District
South Mountain High SchoolHighPhoenix Union High School District

Listing history

DateEventPriceChangeSource
Jan 6, 2026Price drop$850,000$40,000 -4.5%ARMLS
Aug 27, 2025New listing$890,000ARMLS
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This 1.82-acre property is located at 4003 S 12th St Unit : 1 in Phoenix, AZ 85040. The property is available for sale for $850,000. It has a structure.

Checked 8 hours ago — Updated

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