R-3 Zoned Infill Land – North Phoenix

Commercial Space Information

R-3 Zoned Infill Land – North Phoenix

16226 N 29th St is a 1.16-acre vacant infill parcel zoned R-3, allowing for a variety of higher-density residential uses including small-scale multifamily, townhomes, or senior housing, subject to City of Phoenix standards.

Offered at $990,000, the property presents a compelling opportunity for developers, translating to an estimated $55,000–$70,000 per unit land basis at achievable R-3 densities. With utilities already on site, the project benefits from reduced upfront costs, lower development risk, and a faster path to construction.

Located within an established North Phoenix neighborhood with access to employment, services, and major arterials, this site is well-suited for both for-rent and for-sale residential product.

Highlights

  • 1.16 acres zoned R-3 (Multiple Residence)

  • Utilities on site

  • Infill location in North Phoenix

  • Attractive per-unit land basis

  • Ideal for multifamily or senior-oriented housing

  • Phase 1 – Environmental is complete!

Pricing

$990,000