111 E 1st St Phoenix, OR 97535
Estimated payment $1,287/month
About This Lot
Prime Development Opportunity: .25-Acre Mixed-Use Corner Lot in Downtown Phoenix! Exceptional development potential awaits in this strategically located .25-acre property, comprised of two tax lots in Phoenix's thriving City Center District. Perfectly positioned for a live-work or commercial development up to 4 stories with basement parking potential (approximately 2,500 sq ft per floor). All utilities in place - water, electric, sewer, and phone lines underground and ready for connection. This premium corner location offers: High-visibility position in Phoenix's expanding downtown corridor, excellent accessibility via I-5 and Highway 99, convenient public transportation access, full infrastructure already in place, flexible City Center District zoning. Surrounded by new development projects (The Phoodery, Moxie Brew, Pucks Donuts etc) Ideal for investors, developers, or business owners seeking a prime location for a mixed-use project in one of Phoenix's fastest-growing areas!
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,040
Lot Details
- 6,098 Sq Ft Lot
- Additional Parcels
- Property is zoned CIZ, CIZ
Utilities
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 2000
- Assessor Parcel Number 10557985
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $923 | $55,910 | $55,910 | -- |
| 2023 | $895 | $54,290 | $54,290 | $0 |
| 2022 | $871 | $54,290 | $54,290 | $0 |
| 2021 | $850 | $52,710 | $52,710 | $0 |
| 2020 | $4,958 | $309,060 | $50,990 | $258,070 |
| 2019 | $4,857 | $292,380 | $19,680 | $272,700 |
| 2018 | $4,715 | $283,870 | $19,110 | $264,760 |
| 2017 | $4,455 | $283,870 | $19,110 | $264,760 |
| 2016 | $4,331 | $267,590 | $18,010 | $249,580 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/26/2024 11/26/24 | For Sale | $215,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Amerititle |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $41,410 | Stand Alone Second | |
| Closed | $30,000 | Commercial | |
| Previous Owner | $225,000 | Credit Line Revolving | |
| Previous Owner | $213,235 | Commercial | |
| Previous Owner | $6,000,000 | Credit Line Revolving |
Source: Southern Oregon MLS
MLS Number: 220193121
APN: 10557985
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