2804 E Broadway Road Unit -, Phoenix, AZ 85040

$640,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$640,000
Status
ACTIVE
Days on Market
76
MLS#
7038862
Subtype
Land
Lot Size
38,534
Acres
0.88
Subdivision
Carefree Homes Blk 8

Property Description

Exceptional development opportunity at the highly visible northeast corner of Broadway Road and 28th Street in Phoenix. This offering consists of four parcels totaling a prime infill site with approximately 275 feet of frontage along Broadway Road and 145.2 feet of frontage on 28th Street, providing outstanding exposure and accessibility. Zoned R-5 Multi-Family High Density, allowing up to 43.5 units per acre, the property presents significant potential for apartment, townhome, or other residential development. Strategically located within a designated City of Phoenix Opportunity Zone, offering potential tax advantages for qualified investors. Rare combination of zoning, frontage, visibility, and location in the heart of a rapidly evolving urban corridor.

Additional Information

Taxes
$1,425
Zoning
R-5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Orfe Kelly (480-570-8333) from Listing Office: HomeSmart.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.