# 111 E SOUTHERN Avenue, Phoenix, AZ 85040

> **TL;DR:** land, $1,675,000. Est. $7,258/mo. Listed 656 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,675,000 |
| Lot Size | 122,839 sqft (2.82 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 656 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $7,258 |
| **Total** | **$7,258** |

## Nearby Schools

- **Elementary:** Roosevelt Elementary School

## Property Highlights

- 2.82 acre lot

## Description

### Agent Description
GREAT OPPORUNITY AWAITS!! Seller will carry with substantial down payment. This nearly 3-acre lot is ready for development! Only 10 minutes from downtown Phx and just steps away from the Light Rail!! Currently zoned as R-5. It's ready for your ideas to take shape. Development could include apartments, asst living facilities, dependent care homes,etc.. In a planned residential development, approximately 120 units could be created. Phoenix has an on-going effort to develop the South-Central Transit Overlay District (TOD).More information about the TOD and additional uses are in the documents tab. It also has three incentive zones on it - DDA & QCT for qualifying for HUD grants, and an Opportunity zone. (See photos) The property could potentially be rezoned to C-2, which would allow for Dispensaries, Self or RV/Boat Storage, etc. There is water and sewer to the property. The site will be cleared in approximately 2 months. No access to the property from the south end. Please see the documents tabs for more information..

## Location

- **Address:** 111 E SOUTHERN Avenue, Phoenix, AZ 85040
- **County:** Maricopa
- **Coordinates:** 33.391261, -112.070888
- **Google Maps:** https://www.google.com/maps?q=33.391261,-112.070888

## Listing Agent

- **Name:** Roxy Westphal
- **Brokerage:** My Home Group Real Estate
- **Phone:** 4802414161
- **Email:** roxygirlsonfireaz@gmail.com

## Primary Photo

![111 E SOUTHERN Avenue - Primary Photo](http://lh.rdcpix.com/9e2cf0579b811f533735263fac80eaedl-f2761478261r.jpg)

*4 total photos available on [listing page](https://www.propertysimple.com/listing/111-e-southern-avenue-phoenix-az-85040-6732075)*

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**MLS#:** 6732075 | **Updated:** 2026-04-28
**Source:** listhub

*Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/111-e-southern-avenue-phoenix-az-85040-6732075)

---

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