What is the asking price for The Renters are already here!?

The lease rate for space here is $1,292,000.

What is the total size of The Renters are already here!?

The total area of The Renters are already here! is 33,284 SF.

How many parking spaces are available at The Renters are already here!?

Parking information for the property isn't currently listed. However, other nearby parking options include UPS Parking Lot, located 0.71 miles away , and Facilities & Services Visitor Parking, which is 0.83 miles away.

2524 E Washington St, Phoenix, AZ 85034

For Sale $1,292,000
Property Type VacantLand
Lot Size 33,284 SF
Date Updated Oct 16, 2026

Description

Diamond in the rough, this site’s location offers outstanding regional connectivity. It lies just one block from the Valley Metro Light Rail station on Washington Street, providing residents with easy access to Downtown Phoenix, Tempe, and Mesa. The property is also only minutes from I‑10 and Loop 202, and a short ride from the 44th St/Washington St Light Rail Station, which connects directly to the PHX Sky Train®, offering seamless access to all Phoenix Sky Harbor International Airport terminals and parking facilities. The area is supported by strong employment fundamentals. Sky Harbor Airport and Valley Wise Health Medical Center—both located within one mile—serve as major employment anchors generating consistent housing demand for workers across a range of income levels. The surrounding daytime population is reported to be 50–90% higher than the total residential population within three miles, signaling a significant imbalance between where people work and where they live. This gap highlights a clear opportunity and ongoing need for attainable and workforce housing in the immediate area. With its transit‑rich location, flexible walkable‑urban zoning, major employment proximity, and strong demonstrated need for residential density, this site is exceptionally positioned for a multifamily or mixed‑use development that supports Central Phoenix’s continued growth and housing demand.

Highlights

Prime Central Phoenix Location with Exceptional Transit & Freeway Access These five contiguous parcels are strategically positioned along East Washington Street and East Adams Street in the heart of Central Phoenix. The property benefits from outstanding connectivity, located just one block from the Metro Valley light rail station on Washington Street, providing seamless access throughout the metro area.
Five contiguous parcels spanning East Washington St. and East Adams St., offering flexible site planning for a unified development.
Ideal for small to midscale multifamily development, supported by walkableurban zoning designed to encourage transitoriented housing.
One block from the Valley Metro Light Rail on Washington St., providing citywide connectivity including Downtown Phoenix, Tempe, and Mesa.
Quick access to I10 and Loop 202approximately a 4minute driveenhancing commuter mobility and logistics convenience.
Surrounding daytime population is 5090% higher than the total residential population within 3 miles, highlighting a significant need for affordable and workforce housing.
Zoned WU T:4.3 and WU T:5.5, allowing medium to highdensity multifamily, retail, office, and livework uses with building heights up to 100 feet.