1/1601 West McDowell Road

Phoenix AZ 85007

7507 sq. ft.

Land

Last sold for $133,000

Erica Romain, last sold this property on 08 September 2025 after 102 days on market.

Overview

Investors/Builders Dream! Multi-family zoned land offering significant development potential due to its proximity to downtown and the Roosevelt Row Arts District. This zoning supports high-density residential development, including larger apartment complexes and mixed-use developments. Ideally, this lot is to be sold with 1605 & 1609 W McDowell Rd, to create the ultimate investors dream to build 3 multi-family units right next to each other! Seller willing to put an attractive deal together to the buyer who purchases all 3 lots. These lots are also listed for lease.

Features

7507 sq. ft. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Phoenix over the last 12 months, the estimated median property value of 1/1601 West McDowell Road is $144.5k.

Median value

$144.5k

Estimated value range

$20k - $385k

Median days on market

116

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Phoenix. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/1601 West McDowell Road

2025

Sold

$133,000

08 Sep 2025 by Erica Romain, of SERHANT.

Happy sellers in Phoenix

We have insufficient information to provide an overview of customer satisfaction for Phoenix. Viewing the agent profiles, reviews and sales for Phoenix can provide insights for this location.