1121 W GRANT Street 11, Phoenix, AZ 85007, Phoenix AZ 85007
Prime Development Opportunity in Central Phoenix Lot currently zoned C-3, offering multiple development possibilities. Seller has inquired with the City and confirmed that rezoning to R-3 is possible (subject to City approval), which would allow for expanded opportunities, including the potential to develop approximately 2-5 residential units based on final site plan and approvals. Seller finance available. Utilities are within the area. Ideal for investors or builders seeking a value-add opportunity in a growing Phoenix location near major roads, shopping, and employment centers. Buyer
CloseDaily local analysis
Facts and context beyond the MLS description
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
How this property compares in Phoenix
This property is grouped with the current listings without a reported bedroom count in Phoenix. Its asking price falls near the 40th percentile of that active group. The comparison uses 566 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
Recent sold homes near this property
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 $262,500, and the median is $165 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 |
|---|---|---|---|---|
| 1523 W HADLEY Street, Phoenix, AZ 85007 | Jul 29, 2026 | 6 bd | $560,000 | 0.3 mi |
| 1527 W HADLEY Street, Phoenix, AZ 85007 | Jul 29, 2026 | 6 bd | $550,000 | 0.3 mi |
| 802 S 5th Avenue, Phoenix, AZ 85003 | Jul 10, 2026 | 4 bd · 1,726 sqft | $265,000 | 0.4 mi |
| 816 W YUMA Street 2, Phoenix, AZ 85007 | Apr 16, 2026 | — | $20,000 | 0.4 mi |
| 1431 S 13TH Avenue, Phoenix, AZ 85007 | Apr 16, 2026 | 5 bd · 908 sqft | $150,000 | 0.5 mi |
| 1238 S 16th Avenue, Phoenix, AZ 85007 | Aug 18, 2026 | 3 bd · 1,400 sqft | $260,000 | 0.5 mi |
| 924 S 4TH Avenue 13, Phoenix, AZ 85003 | Jun 2, 2026 | — | $185,000 | 0.5 mi |
| 1716 W HADLEY Street, Phoenix, AZ 85007 | Jun 25, 2026 | 4 bd | $389,000 | 0.5 mi |
MLS timeline
Price and status history
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.
- $219,000 · Active
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Similar active homes in Phoenix
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
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