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Opportunity Zone Development Site

333 N. 7th Avenue

LOCATION DESCRIPTION:

The subject property is located at the northeast corner of 7th Avenue and Van Buren Street in the heart of Downtown Phoenix. The site is within an Opportunity Zone creating a tremendous opportunity for funds to take advantage of significant capital gains tax incentives. Situated less than a block from Roosevelt Row, multiple Light Rail stations, and endless other amenities, the property is ideal for an upscale urban development. Its accessibility to Light Rail and the I-10 Freeway seamlessly connects the property with the outlying areas of the Phoenix metro area including easy access to Sky Harbor International Airport, Tempe, Midtown, and other surrounding suburbs.

SALE DETAILS:
  • OPPORTUNITY ZONE DEVELOPMENT SITE | Downtown Phoenix
  • 2.39 acres with two street frontages
  • Includes multiple structures totaling ±45,250 SF of office/warehouse space
  • Flexible zoning – DTC-VANB
  • Potential for 600′ of height
  • Maximum density of 218 dwelling units per acre

 

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