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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

764 W Broadway Road (unit 2), Phoenix, AZ – $249,900

  • $250k Price
  • .52 Acres
  • $250k Price
  • .52 Acres

764 W Broadway Road (unit 2)

Prime Development Opportunity - Two Adjacent Lots | Endless Potential 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.

Essential Information

  • MLS® #6988188
  • Price$249,900
  • Acres0.52
  • TypeLand
  • StatusActive

Community Information

  • Address764 W Broadway Road (unit 2)
  • SubdivisionBROADWAY GARDENS 1 THRU 9
  • CityPhoenix
  • CountyMaricopa
  • StateAZ
  • Zip Code85041

Amenities

  • ViewCity, Desert

School Information

  • HighPhoenix Coding Academy

District

Phoenix Union High School District

Elementary

Cesar E Chavez Community School

Middle

Cesar E Chavez Community School

Additional Information

  • ZoningR-5

Listing Details

  • OfficeARRT of Real Estate
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ARRT of Real Estate.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on March 3rd, 2026 at 6:33am MST.