Listed by Anastasia Plesco · Brokered by ARRT of Real Estate
$230,000
764 W BROADWAY Road 2, Phoenix, AZ 85041
BROADWAY GARDENS 1 THRU 9 · Maricopa County
What's special
- City & Desert views
- No HOA
Description
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.
Listing updated: May 3, 2026
Anastasia Plesco 480-300-7776, ARRT of Real Estate
Source: Arizona Regional Multiple Listing Service, MLS#: 6988188
Property details
Exterior
Land Info
- Lot Size Acres: 0.52
- Lot Size Square Feet: 22,774
- Lot Size Dimensions: 99.91X229.75
Home Features
- View: City, Desert
Community
Homeowners Association
- Association: No
Neighborhood
- Subdivision: BROADWAY GARDENS 1 THRU 9
Listing
Other Property Info
- Annual Tax Amount: $1,386
- Source Listing Status: Expired
- County: Maricopa
- Parcel Number: 105-56-002-A
- Zoning: R-5
- Postal City: Phoenix
- Listing Date: 2/19/2026
- On Market Date: 2/22/2026
- MLS#: 6988188
Features
Utilities
- Water Source: Other
Contact Us
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