Amazing opportunity! Vacant land located in the North East corner of Broadway Rd and 28th Street. This listing is composed of four parcels. Zoned R-5 Multi-family High Density (Up to 43.5 units per acre) This land has 275 feet of frontage on Broadway Road and 145.2 feet of frontage on 28th Street. In addition this land is located on a City of Phoenix Opportunity Zone, a program that provides great tax benefits to investors. To learn more about Opportunity Zones go to:https://www.phoenix.gov/econdev/opportunity-zones
Property Details
Property Features
Listing Office:
Office Name: HomeSmart
Office Phone: (602) 230-7600
Listing Agent: Orfe Kelly
Lot Features
Lot Information:
Lot Size: 0.88 Acres
Other
Directions Information:
Directions: Land is on NE corner of Broadway Rd and 28th Street.
Price Information
Listing Price Info
Price Summary:
List Price: $680,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Phoenix, AZ.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,461
Per Month
Principal & Interest
$3,394
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,105
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Kaizen Education Foundation Dba South Pointe Elementary Scho
2033 E Southern Ave
Distance between this listing and this school1.36 miles
Public Charter Grades KG-6
2
/10
Nevitt Elementary School
4525 E Saint Anne Ave
Distance between this listing and this school2.48 miles
Public District Grades PK-5
1
/10
John F. Kennedy Elementary School
6825 S 10th St
Distance between this listing and this school2.63 miles
Public District Grades PK-3
Nearby Schools
1
/10
Percy L. Julian School
2149 E Carver Dr
Distance between this listing and this school0.90 miles
Public District Grades 4-8
2
/10
Sabis International
1903 E Roeser Rd
Distance between this listing and this school1.22 miles
Public Charter Grades KG-8
3
/10
T. G. Barr Elementary School
2041 E Vineyard Rd
Distance between this listing and this school1.72 miles
Public District Grades PK-8
Nearby Schools
2
/10
Hope College and Career Readiness Academy
6401 S 16th St
Distance between this listing and this school1.92 miles
Public District Grades 9-12
4
/10
Asu Preparatory Academy - South Phoenix High School
4445 S 12th St
Distance between this listing and this school2.00 miles
Public Charter Grades 7-12
5
/10
Aaec - Smcc Campus
1924 E Baseline Rd
Distance between this listing and this school2.20 miles
The neighbors living near this home have an average income of $37,232. The majority of Phoenix, AZ residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2804 E Broadway Rd -
What is the listing price of this property?
The listing price of 2804 E Broadway Rd - property is $680,000.
What type of property is this?
The property 2804 E Broadway Rd - is land located in Unit Phoenix, Arizona, 85040.
Is this property for sale now?
Active Listing: 2804 E Broadway Rd - is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 2804 E Broadway Rd - is 0.88 acres.
Interested in 2804 E Broadway Rd -? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2804 E Broadway Rd - in Unit Phoenix, AZ and zip code 85040 in the South Mountain neighborhood. This home sits on a 0.88 acre lot. It has been listed on Rocket Homes since August 11, 2023 and is currently priced at $680,000.
While more than 201 listings in Phoenix, AZ in November 2024 were sold above asking price, there were more than 301 listings sold at asking price, and more than 636 were sold below. The inventory of homes for sale in Phoenix, AZ between October 2024 and November 2024 decreased by 1.4%. The median list price of listings available in November 2024 was $452,345, while the average time on the real estate market was 63 days.
From Rocket Homes Real Estate and based on county public records data.
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© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
UFC
UFC
Pro Wrestling
Soccer
Family Dollar
Burlington
Forever 21
Burger King
Cicis Pizza
Dominos Pizza
Buick
Pontiac
Mazda
Urban Contemporary
Rhythmic Contemporary Hits