LevRose Commercial Real Estate is pleased to exclusively present a rare in-fill development opportunity located just minutes away from Downtown Phoenix. Situated on a combined 3.44 acres in an Opportunity Zone, this site is ideal for high density residential development. With close proximity to major freeways (I-10, I-17, US-60, SR-143, and Loop 202), this property offers strong redevelopment potential in a rapidly growing submarket that continues to enjoy significant employment growth.
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 90th percentile of that active group. The comparison uses 575 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 27 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 $341,500, and the median is $276 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 |
|---|---|---|---|---|
| 1021 E ODEUM Lane, Phoenix, AZ 85040 | Sep 30, 2026 | 4 bd · 1,992 sqft | $406,000 | 0.1 mi |
| 1018 E ODEUM Lane, Phoenix, AZ 85040 | Oct 6, 2026 | 3 bd · 1,892 sqft | $360,000 | 0.2 mi |
| 4437 S 8TH Place S, Phoenix, AZ 85040 | Sep 30, 2026 | 3 bd · 1,167 sqft | $345,050 | 0.3 mi |
| 4602 S 8TH Street, Phoenix, AZ 85040 | May 29, 2026 | 3 bd · 1,204 sqft | $330,000 | 0.4 mi |
| 1010 E CHIPMAN Road, Phoenix, AZ 85040 | Sep 17, 2026 | 2 bd · 736 sqft | $250,000 | 0.5 mi |
| 5023 S 11TH Street, Phoenix, AZ 85040 | Aug 4, 2026 | 3 bd · 1,053 sqft | $335,000 | 0.6 mi |
| 710 E ATLANTA Avenue, Phoenix, AZ 85040 | May 29, 2026 | 3 bd · 1,219 sqft | $338,000 | 0.7 mi |
| 209 E JONES Avenue, Phoenix, AZ 85040 | Jul 16, 2026 | 3 bd · 1,424 sqft | $345,000 | 0.7 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
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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