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Home > 1627 E WOOD Street -, Phoenix, AZ 85040 (MLS# 7039828)

1627 E WOOD Street -, Phoenix, AZ 85040

$1,499,999
Property Type: Land Lot Size (sq. ft.): 52,721 Status: Active
Current Price: $1,499,999 List Date: 6/10/2026 Last Modified: 6/10/2026

Description

Vacant land that has been graded. Sale includes paving and the plans for a 42 unit apartment complex. The property is located in an Opportunity Zone and a QCT. Buyer to verify all information.

More Information MLS# 7039828

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $1,499,999 List Price: $1,499,999 Status: Active List Date: 2026-06-10

Location, Tax & Legal

Lot #: - Assessor's Map #: 39 Legal Description (Abbrev): PT SW4 SW4 SEC 22 DAF COM SW COR SEC 22 TH N 33F TH N 88D 58M E 400.26F TH N 200.03F TO POB TH N 395 Assessor's Parcel #: 19 Assessor Parcel Ltr: F Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 115300 Taxes: 2280 House Number: 1627 Compass: E Street Name: WOOD St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85040 Zip4: 1359 Country: US County Code: Maricopa Assessor Number: 122-39-019-F Tax Year: 2025

General Property Description

Apx Total Acres: 1.21 Apx Total Acres G/N: G Price Per Acre: 1239668.6 # Lots in Listing: 1 # Units Allowed: 42 Apx SqFt: 52721 Price Per SqFt: 28.45 Apx SqFt G/N: G Lot Size Dimensions: 133 x 295 Street Frontage: 133 Zoning: R5

Legal Info

Range: 3E Section: 22 Township: 1N Lot Number: -

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 1499999 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0

Showing Notification Methods

Showing Service: Aligned Showings No Notification Required to Show: 1

Lockbox Type

None: 1

Existing Land Use

Residential Lot: 1

Zoned Presently

Multi-Family: 1

Parcel Size

1.00 - 2.49 Acres: 1

Current Density

31 - 35 Units P/Acre: 1

Development Status

Plans Included: 1 Other: 1

Road Access Type

Dedicated Street: 1

Road Responsibility

City Maintained Road: 1

Fencing

Chain Link: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Electric

SRP: 1

Gas

None: 1

Existing Structures

None: 1

Distance to Cable

Call Listing Office: 1

New Financing

Cash: 1 Other (See Rmks): 1

Distance to Phone

Call Listing Office: 1

Distance to Water

Under 350 Feet: 1

Distance to Electric

On Property: 1

Distance to Gas

Call Listing Office: 1

Distance to Sewer

Under 350 Feet: 1

Reports/Disclosures

Other (See Rmks): 1

Environmental

Other (See Rmks): 1

Remarks Misc

Cross Street: 16th Street and Broadway Rd Directions: North of Broadway on 16th Street to Wood Street. East to the partially developed land parcel. Geo Lat: 33.407973 Geo Lon: -112.045584

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Multi-Family Parcel Size: 1.00 - 2.49 Acres Current Density: 31 - 35 Units P/Acre Development Status: Plans Included; Other Road Access Type: Dedicated Street Road Responsibility: City Maintained Road Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: Under 350 Feet Distance to Electric: On Property Distance to Gas: Call Listing Office Distance to Sewer: Under 350 Feet New Financing: Cash; Other (See Rmks) Environmental: Other (See Rmks) Showing Notification Methods: No Notification Required to Show Lockbox Type: None Fencing: Chain Link
Listing Office: City to City Commercial
IDX
Last Updated: June - 10 - 2026
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