417 N 16th Street $5,250,000


    417 N 16th Street Phoenix, AZ 85006



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    • 0.00 Acres
    • Land
    • MLS# 5832013
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    Views: 541 Days On Market: 497

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    Property Details

    The Van Buren corridor from 7th St to Interstate-10 is currently a top priority at the City of Phoenix as a revitalization project (street widening and beautification, moratorium on car dealerships/automotive repair shops) to enhance the overall area.One of the largest vacant land parcels available in the downtown Phoenix market, with all utilities to the property and all off-sites completed. Site has great access to Interstate-10 via interchanges at 16th St and Washington St / Jefferson St. The property is located with-in an ''Opportunity Zone'' which offers investors who reinvest capital gains monies in these areas to receive reductions on capital gains taxes relative to the years of their investment.

    • General Features
      • Assessor Book # 116.00
      • Assessor Map # 17.00
      • Assessor Number 116-17-157
      • Assessor Parcel # 157.00
      • County Maricopa
      • Cross Street Just N of the NEC of 16th Street & Van Buren Stree
      • Existing Land Use Commercial Acreage
      • For Sale/Lease Sale
      • List Date 2018-10-11
      • New Financing Cash, Conventional
      • Presently Zoned Commercial
      • Special Listing Conditions N/A
      • Tax Municipality Maricopa - COUNTY
      • Tax Year 2018
      • Taxes $16,207
      • Type ER
      • Zoning C-3
    • Property Features
      • Approx Lot SqFt -
      • Apx. Total Acres 7.8
      • Legal Info: Lot Number -
      • Electric City Electric
      • Gas City Gas
      • Sewer Sewer - Public
      • Water City Franchise



    85006 (Phoenix) Demographics

    31 Median Age
    7,122 Population Density (per sq. mile)
    23% College Educated
    $29,903 Estimated Median Income
    3,447 Estimated Total Home Owners
    5,597 Estimated Total Renters
    38% / 62% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    27,804 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $278,500 Median Sales Price
    15 Homes Sold
    28 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $5,250,000
        10/11/2018 2:40:00 PM New in Database Source

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        Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2/21/2020 3:14:20 AM. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty.