1411 N 3rd St, Phoenix, AZ, 85004

1411 N 3rd St Phoenix, AZ 85004

Phoenix
FOR SALE
Property Type:
Multifamily Land
Amount:
$1,600,000
Last Verified:
Jul 24, 2024

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Description

DTC - Development Site

3rd St Downtown District


Year Built: 1985
Building Size: 0sq ft
Lot Size: 0.31 acres

Map of 1411 N 3rd St, Phoenix, AZ, 85004

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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:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • 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.