417 N 16th Street (unit -), Phoenix

$5,250,000

0 Beds
0 Baths
0 Sqft
7.8 Acres
0 Garages

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.

Essential Information
MLS® #5832013
Price$5,250,000
Acres7.80
TypeLand / Lot
StatusActive
Community Information
Address417 N 16th Street (unit -)
CityPhoenix
CountyMaricopa
StateAZ
Zip Code85006
Additional Information
ZoningCommercial
Listing Details
OfficeInsight Land & Investments
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Arizona Regional Multiple Listings Service Logo 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 RE/MAX Infinity​. Copyright 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on May 20th, 2019 at 3:33am MST.

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