5625 S 11 Street 34, Phoenix, AZ 85040, Phoenix AZ 85040
Excellent development opportunity in Phoenix! This approximately 0.95-acre lot offers strong potential for builders, investors, and developers. Based on current zoning requirements of approximately 6,000 SF per lot, the property may have the potential to be subdivided into up to 6 residential lots. Nearby newly built homes have sold around $350k-$450k, making this an attractive infill development opportunity. Convenient Phoenix location with access to shopping, dining, schools, and major transportation routes. Buyer and Buyer's Agent to verify all material facts, including but not limited to z
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 56th 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 $264,500, and the median is $240 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 |
|---|---|---|---|---|
| 5629 S 11TH Place, Phoenix, AZ 85040 | Apr 2, 2026 | 3 bd · 1,340 sqft | $360,000 | 0.1 mi |
| 5625 S 9TH Street, Phoenix, AZ 85040 | Apr 30, 2026 | 2 bd · 1,350 sqft | $279,000 | 0.1 mi |
| 5508 S 12TH Way, Phoenix, AZ 85040 | Jul 31, 2026 | 3 bd · 1,692 sqft | $250,000 | 0.2 mi |
| 5510 S 13TH Way, Phoenix, AZ 85040 | Sep 30, 2026 | 2 bd · 804 sqft | $235,000 | 0.4 mi |
| 1012 E ROESER Road 27, Phoenix, AZ 85040 | May 29, 2026 | — | $210,000 | 0.4 mi |
| 5023 S 11TH Street, Phoenix, AZ 85040 | Aug 4, 2026 | 3 bd · 1,053 sqft | $335,000 | 0.4 mi |
| 1418 E LA SALLE Street, Phoenix, AZ 85040 | Sep 30, 2026 | 2 bd · 804 sqft | $170,000 | 0.4 mi |
| 5436 S 7TH Street, Phoenix, AZ 85040 | Apr 17, 2026 | 6 bd | $379,000 | 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.
- $421,000 · Active
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Similar active homes in Phoenix
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