Exceptional development opportunity at the highly visible northeast corner of Broadway Road and 28th Street in Phoenix. This offering consists of four parcels totaling a prime infill site with approximately 275 feet of frontage along Broadway Road and 145.2 feet of frontage on 28th Street, providing outstanding exposure and accessibility. Zoned R-5 Multi-Family High Density, allowing up to 43.5 units per acre, the property presents significant potential for apartment, townhome, or other residential development. Strategically located within a designated City of Phoenix Opportunity Zone, offering potential tax advantages for qualified investors. Rare combination of zoning, frontage, visibility, and location in the heart of a rapidly evolving urban corridor.
Lot/land
$640,000
2804 E BROADWAY Road #-, Phoenix, AZ 85040
--beds
--baths
0.88Acres
Land
Built in ----
0.88 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 46 days |
- 58 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Orfe Kelly 480-570-8333,
HomeSmart
Source: ARMLS,MLS#: 7038862
Facts & features
Property
Features
- Fencing: None
- Has view: Yes
- View description: Mountain(s), City Lights
Lot
- Size: 0.88 Acres
- Features: North/South Exp
- Topography: Level
- Residential vegetation: Natural Vegetation
Details
- Additional structures: None
- Parcel number: 12217040A
- Zoning: R-5
- Special conditions: Probate Listing
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Subdivision: CAREFREE HOMES BLK 8
HOA
- Has HOA: No
Location
- Region: Phoenix
Financial & listing details
- Tax assessed value: $163,800
- Annual tax amount: $1,425
- Date on market: 6/8/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Listed for sale | $640,000-3% |
Source:  ARMLS #7038862 Report a problem | ||
| 3/1/2026 | Listing removed | $660,000 |
Source: ARMLS #6916183 Report a problem | ||
| 12/12/2025 | Listed for sale | $660,000 |
Source: ARMLS #6916183 Report a problem | ||
| 11/18/2025 | Pending sale | $660,000 |
Source: ARMLS #6916183 Report a problem | ||
| 9/6/2025 | Listed for sale | $660,000-2.9% |
Source: ARMLS #6916183 Report a problem | ||
| 8/10/2025 | Listing removed | $680,000 |
Source: ARMLS #6591164 Report a problem | ||
| 8/21/2024 | Listed for sale | $680,000 |
Source: ARMLS #6591164 Report a problem | ||
| 8/10/2024 | Listing removed | $680,000 |
Source:  HomeSmart #6591164 Report a problem | ||
| 8/11/2023 | Listed for sale | $680,000+4436.4% |
Source: ARMLS #6591164 Report a problem | ||
| 5/16/2017 | Listing removed | $14,990 |
Source: S. J. Fowler Real Estate, Inc. #5567060 Report a problem | ||
| 5/2/2017 | Pending sale | $14,990 |
Source: S. J. Fowler Real Estate, Inc. #5567060 Report a problem | ||
| 4/24/2017 | Price change | $14,990-24.7% |
Source: S. J. Fowler Real Estate, Inc. #5567060 Report a problem | ||
| 2/27/2017 | Listed for sale | $19,900 |
Source: S. J. Fowler Real Estate, Inc. #5567060 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $673 +2.6% | $24,570 -5.9% |
| 2024 | $656 +2.9% | $26,100 +544.6% |
| 2023 | $637 +2.1% | $4,049 -61.2% |
| 2022 | $624 -0.8% | $10,425 +7.1% |
| 2021 | $629 +3.4% | $9,735 +22.9% |
| 2020 | $609 +2.7% | $7,920 +11.4% |
| 2019 | $592 | $7,110 +40.7% |
| 2018 | $592 +4.9% | $5,055 +32.2% |
| 2017 | $565 +4.7% | $3,825 |
| 2016 | $539 +8.2% | $3,825 -12.1% |
| 2015 | $498 | $4,352 +56.3% |
| 2014 | -- | $2,784 -8.4% |
| 2013 | -- | $3,040 -80.2% |
| 2009 | -- | $15,360 -1% |
| 2008 | -- | $15,520 +63% |
| 2007 | -- | $9,520 +38.4% |
| 2006 | -- | $6,880 +91.1% |
| 2005 | -- | $3,600 |
| 2004 | -- | $3,600 +60.7% |
| 2003 | -- | $2,240 |
| 2002 | -- | $2,240 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: South Mountain
Nearby schools
GreatSchools rating
- NAMartin Luther King Jr Elementary SchoolGrades: PK-3Distance: 0.8 mi
- 5/10Percy L Julian SchoolGrades: K-8Distance: 0.9 mi
- 2/10South Mountain High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- District: Roosevelt Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- $95,000-- bd-- ba-- sqft2812 E Broadway Rd, Phoenix, AZ 85040Sold
- $--4 bd3 ba2.4k sqft2812 E Broadway Rd #1, Phoenix, AZ 85040Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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