Exceptional development opportunity! 3.732 acres with approximately 600 feet of Cave Creek Road frontage in a rapidly growing North Phoenix corridor. The front portion of the property is zoned C-2, providing excellent potential for a variety of commercial uses including self-storage, contractor or service yard, automotive-related businesses, flex commercial or office warehouse, garden center or landscape supply, and several other commercial development opportunties (buyer to verify all permitted uses with the City of Phoenix). The rear portion of the property is zoned R1-10, offering addition
CloseDaily local analysis
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
This property is grouped with the current listings without a reported bedroom count in Phoenix. Its asking price falls near the 83rd percentile of that active group. The comparison uses 564 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $352,500, and the median is $258 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 11237 N CAVE CREEK Road, Phoenix, AZ 85020 | May 1, 2026 | — | $911,638 | 0.0 mi |
| 11463 N 16TH Street, Phoenix, AZ 85020 | Aug 4, 2026 | 3 bd · 1,550 sqft | $525,000 | 0.2 mi |
| 11016 N 15TH Street, Phoenix, AZ 85020 | Jul 15, 2026 | 3 bd · 1,481 sqft | $395,000 | 0.3 mi |
| 1418 E CHOLLA Street, Phoenix, AZ 85020 | Jun 18, 2026 | 2 bd · 1,230 sqft | $307,000 | 0.3 mi |
| 1533 E SUNNYSIDE Drive -, Phoenix, AZ 85020 | Apr 7, 2026 | — | $100,000 | 0.3 mi |
| 1409 E CORTEZ Street, Phoenix, AZ 85020 | Apr 13, 2026 | 3 bd · 1,284 sqft | $447,000 | 0.3 mi |
| 1425 E DESERT COVE Avenue 3, Phoenix, AZ 85020 | Aug 31, 2026 | 2 bd · 1,592 sqft | $260,000 | 0.3 mi |
| 1505 E SAHUARO Drive 3, Phoenix, AZ 85020 | Aug 26, 2026 | 3 bd · 1,529 sqft | $310,000 | 0.3 mi |
MLS timeline
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
Continue comparing
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