2647 W MARSHALL Avenue 40, Phoenix, AZ 85017, Phoenix AZ 85017
STARTING FROM SCRATCH....AND I MEAN IT! EXCELLENT CORNER LOT IN CENTRAL PHOENIX IS JUST BEGGING TO BE DEVELOPED! SITUATED IN THE ESTABLISHED ALHAMBRA NEIGHBORHOOD, THIS PROPERTY SITS ALONG 27TH AVENUE OFF OF MISSOURI, NEARBY I-17 & JUST 2 BLOCKS FROM GRAND CANYON UNIVERSITY. Currently zoned R-6 residential but years ago it was a medical office. Here is your opportunity to re-formulate, re-develop or re-zone this prime property. rectangular in shape, completely leveled. This is a supreme piece of land. READY TO MAKE YOUR DREAM A REALITY?
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 53rd percentile of that active group. The comparison uses 572 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 28 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 $315,000, and the median is $199 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 |
|---|---|---|---|---|
| 2640 W LUKE Avenue, Phoenix, AZ 85017 | Jul 2, 2026 | 3 bd · 1,618 sqft | $322,600 | 0.1 mi |
| 2518 W Missouri Avenue, Phoenix, AZ 85017 | Oct 22, 2026 | 2 bd · 934 sqft | $310,000 | 0.2 mi |
| 2810 W SAN MIGUEL Avenue, Phoenix, AZ 85017 | May 15, 2026 | 3 bd · 1,290 sqft | $320,000 | 0.2 mi |
| 2537 W GEORGIA Avenue 14, Phoenix, AZ 85017 | May 29, 2026 | 2 bd · 792 sqft | $75,000 | 0.3 mi |
| 2537 W GEORGIA Avenue 24, Phoenix, AZ 85017 | Jun 15, 2026 | 2 bd · 792 sqft | $85,000 | 0.3 mi |
| 5365 N Black Cyn Highway, Phoenix, AZ 85015 | Jun 11, 2026 | 2 bd · 1,100 sqft | $110,000 | 0.3 mi |
| 3027 W LUKE Avenue, Phoenix, AZ 85017 | Oct 16, 2026 | 4 bd | $345,000 | 0.4 mi |
| 5523 N 23RD Avenue, Phoenix, AZ 85015 | Aug 18, 2026 | 3 bd · 1,342 sqft | $350,000 | 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.
- $395,000 · Active
- $395,000 · Active
- $395,000 · Active
- $370,000 · Active
Continue comparing
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.
View all Phoenix homes for sale · See the Phoenix market report