4302 S Central Ave

4302 S Central Ave, Phoenix, AZ 85040

Property Information

  • For Sale $3,625,000
  • Property Type VacantLand
  • Property Size 9,457 SF
  • Units 3
  • Lot Size 4.63 Acre
  • Year Built 1951
  • Date Updated May 5, 2026

Description

• 182’ Frontage on Central Avenue • Adjacent to Broadway/Central Light Rail B-Line Station • Strong probability of Rezoning Approval to high-density residential • Property located within an Opportunity Zone and Qualified Census Tract (QCT) • Within 10 minutes of Downtown Phoenix and Sky Harbor International AirportThe former South Phoenix Market site presents a premier infill redevelopment opportunity in the heart of Phoenix. Featuring ±182 feet of frontage along Central Avenue and immediately adjacent to the Broadway/Central Light Rail B Line Station, the property offers exceptional visibility and direct access to public transit. Located within an Opportunity Zone and a Qualified Census Tract (QCT), the site offers compelling financial incentives for investors and developers. There is a strong probability of rezoning approval to high-density residential, creating significant potential for multifamily or mixed-use development. 10 minutes from Downtown Phoenix and Phoenix Sky Harbor International Airport, this property offers transit-oriented advantages, city connectivity, and strong development fundamentals in one of Phoenix’s growing corridors.

Contacts

Gunnar Sinnett

LevRose Commercial Real Estate

Location

Located at 4302 S Central Ave, Phoenix, AZ 85040, this property is part of the South Mountain Highland Terrace neighborhood and Phoenix market.

Contact Listing Broker
Gunnar Sinnett

LevRose Commercial Real Estate

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