536 W Missouri Ave - 536 W Missouri Ave Investment Opportunity
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536 W Missouri Ave - 536 W Missouri Ave Investment Opportunity
1,128 SF Specialty Building Offered at $750,000 in Phoenix, AZ 85013
Investment Highlights
- Monthy/ProForma income with both the parking lot and home
- Lease in place through 2027
- Optimal Location
Executive Summary
This property is an exciting opportunity for investors and developers! Here's a
summarized breakdown of its features and potential:
? Lot Size: 28,845 sq. ft.
? Existing Structure: 1929-built single-family residence (2 bed / 1 bath)
? Development Opportunity: Large lot size and strategic location make this
parcel attractive for higher-density residential, mixed-use, or commercial projects
(subject to zoning and city approval).
Income Potential:
? Current Lease Income: Parking lot lease generates $13,000 annually.
Rental Potential: $1,800–$1,900/month (based on comparable market
rents).
? Pro-Forma Annual Gross Income: $34,600 (including residential rent and
parking lot lease).
? Development Opportunity: Large lot size and strategic location make this
parcel attractive for higher-density residential, mixed-use, or commercial projects
(subject to zoning and city approval).
summarized breakdown of its features and potential:
? Lot Size: 28,845 sq. ft.
? Existing Structure: 1929-built single-family residence (2 bed / 1 bath)
? Development Opportunity: Large lot size and strategic location make this
parcel attractive for higher-density residential, mixed-use, or commercial projects
(subject to zoning and city approval).
Income Potential:
? Current Lease Income: Parking lot lease generates $13,000 annually.
Rental Potential: $1,800–$1,900/month (based on comparable market
rents).
? Pro-Forma Annual Gross Income: $34,600 (including residential rent and
parking lot lease).
? Development Opportunity: Large lot size and strategic location make this
parcel attractive for higher-density residential, mixed-use, or commercial projects
(subject to zoning and city approval).
Property Facts
| Price | $750,000 | Lot Size | 0.66 AC |
| Price Per SF | $665 | Building Size | 1,128 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1929 |
| Property Subtype | Parking Lot |
| Price | $750,000 |
| Price Per SF | $665 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Parking Lot |
| Lot Size | 0.66 AC |
| Building Size | 1,128 SF |
| No. Stories | 1 |
| Year Built | 1929 |
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PROPERTY TAXES
| Parcel Number | 162-29-004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $56,432 |
PROPERTY TAXES
Parcel Number
162-29-004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$56,432
zoning
| Zoning Code | 1% C-3, 21% R-3, 79% P-1 |
| 1% C-3, 21% R-3, 79% P-1 |
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Jon Hammond -
KW Commercial
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536 W Missouri Ave - 536 W Missouri Ave Investment Opportunity
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