# 111 E SOUTHERN Avenue, Phoenix, AZ 85040

> **TL;DR:** land, $1,675,000. Est. $8,959/mo. Listed 805 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,675,000 |
| Lot Size | 122,839 sqft (2.82 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 805 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $8,470 |
| Estimated Insurance | $489 |
| **Total** | **$8,959** |

## 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
- **Phone:** 4802414161
- **Broker Phone:** (480) 685-2760
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/111-E-Southern-Ave_Phoenix_AZ_85040_M97276-95478?f=listhub&s=ARMLSAZ&m=6732075&c=propsimple)

## Photos

![111 E SOUTHERN Avenue - Photo 1](http://lh.rdcpix.com/9e2cf0579b811f533735263fac80eaedl-f2761478261r.jpg)

![111 E SOUTHERN Avenue - Photo 2](http://lh.rdcpix.com/9e2cf0579b811f533735263fac80eaedl-f1678637853r.jpg)

![111 E SOUTHERN Avenue - Photo 3](http://lh.rdcpix.com/9e2cf0579b811f533735263fac80eaedl-f3886037265r.jpg)

![111 E SOUTHERN Avenue - Photo 4](http://lh.rdcpix.com/9e2cf0579b811f533735263fac80eaedl-f2695269629r.jpg)

---

**MLS#:** 6732075 | **Updated:** 2026-09-24
**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.ai/listing/111-e-southern-avenue-phoenix-az-85040-6732075)

---

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