1627 E WOOD Street -, Phoenix, AZ 85040 (MLS# 7039828)

1627 E WOOD Street -, Phoenix, AZ 85040

$1,499,999
Property Type: Land Lot Size (sq. ft.): 52,721 Status: Active
Current Price: $1,499,999 List Date: 6/10/2026 Last Modified: 6/10/2026

Overview

Description

Vacant land that has been graded. Sale includes paving and the plans for a 42 unit apartment complex. The property is located in an Opportunity Zone and a QCT. Buyer to verify all information.

Listing Details MLS# 7039828

Location, Tax & Legal

House Number
1627
Compass
E
Street Name
WOOD
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85040
Zip4
1359
Country
US
County Code
Maricopa
Assessor Number
122-39-019-F
Tax Year
2025

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
1.21
Apx Total Acres G/N
G
Price Per Acre
1239668.6
# Lots in Listing
Yes
# Units Allowed
42
Apx SqFt
52721
Price Per SqFt
28.45
Apx SqFt G/N
G
Lot Size Dimensions
133 x 295
Street Frontage
133
Zoning
R5

Remarks Misc

Cross Street
16th Street and Broadway Rd
Directions
North of Broadway on 16th Street to Wood Street. East to the partially developed land parcel.

Legal Info

Township
1N
Range
3E
Section
22
Lot Number
-

Showing Notification Methods

Showing Service
Aligned Showings

More Information

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Multi-Family Parcel Size: 1.00 - 2.49 Acres Current Density: 31 - 35 Units P/Acre Development Status: Plans Included; Other Road Access Type: Dedicated Street Road Responsibility: City Maintained Road Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: Under 350 Feet Distance to Electric: On Property Distance to Gas: Call Listing Office Distance to Sewer: Under 350 Feet New Financing: Cash; Other (See Rmks) Environmental: Other (See Rmks) Showing Notification Methods: No Notification Required to Show Lockbox Type: None Fencing: Chain Link
IDX
Listing Office: City to City Commercial
Last Updated: June - 10 - 2026
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