Prime Infill Development Opportunity R-3 Zoning. 3 contiguous lots perfect for custom single-family homes or multifamily dwellings (high density project). South Phoenix is experiencing continued growth and redevelopment. This is a prime location for builders looking to capitalize on an up-and coming area. Conveniently located with easy access to freeways, downtown Phoenix, Sky Harbor Airport, shopping and dining. This site is surrounded by established homes and ongoing development; it's a perfect site for a profitable project. Listing includes 2 parcels amounting to close to a half-acre
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 50th 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 $439,495, and the median is $261 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 |
|---|---|---|---|---|
| 2814 E ATLANTA Avenue, Phoenix, AZ 85040 | Sep 30, 2026 | 3 bd · 1,453 sqft | $385,000 | 0.4 mi |
| 2840 E SUNLAND Avenue, Phoenix, AZ 85040 | May 29, 2026 | 3 bd · 1,668 sqft | $485,000 | 0.5 mi |
| 2842 E FRAKTUR Road, Phoenix, AZ 85040 | Apr 7, 2026 | 3 bd · 1,774 sqft | $445,000 | 0.5 mi |
| 2743 E TAMARISK Avenue, Phoenix, AZ 85040 | Jun 15, 2026 | 4 bd · 1,667 sqft | $370,000 | 0.5 mi |
| 5722 S 34TH Place, Phoenix, AZ 85040 | Apr 14, 2026 | 2 bd · 784 sqft | $272,500 | 0.5 mi |
| 2838 E FRAKTUR Road, Phoenix, AZ 85040 | Apr 15, 2026 | 4 bd · 1,968 sqft | $448,000 | 0.5 mi |
| 2826 E FRAKTUR Road, Phoenix, AZ 85040 | Aug 28, 2026 | 4 bd · 1,851 sqft | $475,000 | 0.5 mi |
| 5440 S 35th Way, Phoenix, AZ 85040 | Sep 15, 2026 | 3 bd · 1,582 sqft | $433,990 | 0.6 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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