111 E Southern Ave - Unit Phoenix, AZ 85040

$1,990,000
2.8 acres
Land

Property details

About 111 E Southern Ave -

GREAT OPPORUNITY AWAITS!! This nearly 3-acre lot is ready for development! Only 10 minutes from downtown Phx and just steps away from the Light Rail!! Currently zoned as R-5. It's ready for your ideas to take shape. Development could include apartments, asst living facilities, dependent care homes, hospice centers or group homes. In a planned residential development, approximately 120 units could be created. Mini-apartments could potentially include more units. Phoenix has an on-going effort to develop the South-Central Transit Overlay District (TOD).More information about the TOD and additional uses are in the documents tab. It also has three incentive zones on it - DDA & QCT for qualifying for HUD grants, and an Opportunity zone. (See photos) The property could potentially be rezoned to C-2, which would allow for Dispensaries, Self or RV/Boat Storage, etc. There is water and sewer to the property. The site will be cleared in approximately 2 months. No access to the property from the south end. Please see the documents tabs for more information..

Highlights

Home typeOther
StatusActive
Lot size2.82 Acres
MLS #6732075

Summary

  • MLS Number: 6732075
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: My Home Group Real Estate
  • Office Phone: (480) 685-2760
  • Office Email: roxygirlsonfireaz@gmail.com
  • Listing Agent: Roxy Westphal, Elizabeth Erwin

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 6:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

caption unavailable

$1,990,000

111 E Southern Ave -

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

3

Asu Preparatory Academy - South Phoenix Intermediate School

Public Charter 3-6

0.3 mi

5610 S Central Ave

5

Reyes Maria Ruiz Leadership Academy

Public Charter KG-6

0.7 mi

4848 S 2nd St

1

John F. Kennedy Elementary School

Public District PK-3

1.0 mi

6825 S 10th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $61,500. The majority of Unit Phoenix, AZ residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

27%
<35k
56%
35k-100k
10%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

31%
Single, No Kids
21%
Single, with Kids
19%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
11%
12-17 yrs old
24%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Horse RacesHorse Races
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Stein MartStein Mart
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • LongHorn SteakhouseLongHorn Steakhouse
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Contemporary InspirationalContemporary Inspirational
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 111 E Southern Ave -

This home is located at 111 E Southern Ave - in Unit Phoenix, AZ and zip code 85042 in the South Mountain neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $1,990,000.

While more than 128 listings in Unit Phoenix, AZ in January 2025 were sold above asking price, there were more than 242 listings sold at asking price, and more than 583 were sold below. The inventory of homes for sale in Unit Phoenix, AZ between December and January 2025 increased by 12.9%. In January 2025 median list price was $455,485 and the average listing age was 74 days.

From Rocket Homes Real Estate and based on county public records data.

More resources