Shovel-Ready Opportunity Zone Land Available

2853 East Van Buren Street Phoenix, AZ 85008

FOR SALE
Property Type:
Multifamily Land
Amount:
$1,995,000
Last Verified:
Mar 17, 2021

Highlights

  • Approved for 48' (4 Stories)
  • 90-100 Units Possible Depending on Size
  • Zoning: Walkable Urban Code (WU Code)

Description

Opportunity Zone Land Available totaling 1.65 acres. Entitled to be a multifamily development. Located in opportunity zone containing Valley Metro Light Rail line. Parcel is less than a mile from Phoenix Sky Harbor International Airport.

Location

Lot Size: 1.65 acres

Map of 2853 East Van Buren Street, Phoenix, AZ, 85008

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.