- For Sale $2,100,000
- Property Type VacantLand
- Property Size 166,018 SF
- Units 55
- Lot Size 2.75 Acre
- Date Updated Nov 2, 2026
Description
Situated in the vibrant landscape of South Phoenix, this location benefits from its proximity to major attractions. Enjoy easy access to Downtown Phoenix, a hub of culture, dining, and entertainment. With the South Mountain Park close by, residents can take advantage of outdoor recreational activities and breathtaking desert vistas. The nearby Sky Harbor Airport ensures seamless travel connections, while the ongoing light rail expansion promises enhanced accessibility. Boasting a dynamic mix of residential and commercial amenities, the area offers a promising investment prospect for those seeking to capitalize on the appeal of Phoenix's thriving landscape.Introducing a prime development opportunity at 8181 South Central Avenue, Phoenix, AZ. The property is fully entitled and permit-ready for 166,018 SF, 55-unit multifamily development. Situated in the R-3 zone and strategically located on the Central Avenue transit corridor, this property offers no entitlement risk with a highly marketable unit mix and moderate density, it presents a lucrative investment prospect for developers. Enjoy the advantages of an infill location just minutes from Downtown Phoenix, Sky Harbor Airport, and major employment centers. Don't miss the chance to capitalize on the ongoing South Phoenix redevelopment and light rail expansion.
Highlights
- 55 approved multifamily units
- Attractive infill location minutes from Downtown Phoenix
- Beneficiary of ongoing South Phoenix redevelopment and light rail expansion
- Close proximity to Sky Harbor Airport and major employment centers
- Fully entitled and permit-ready development site
- Located on the Central Avenue transit corridor
- Moderate density with a highly marketable unit mix
- Reduced entitlement risk compared to raw land opportunities
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Contacts
Shane Benjamin
City to City Commercial Real Estate
Location
Located at 8181 South Central Avenue, Phoenix, AZ 85042, this property is part of the South Mountain Highland Terrace neighborhood and Phoenix market.
Contact Listing Broker
Shane Benjamin
City to City Commercial Real Estate