This ±6,715 square foot residential infill lot presents an outstanding opportunity for developers and investors seeking a well-located site in the heart of Phoenix. Positioned near the intersection of Grand Avenue and Polk Street, the property offers excellent connectivity to major thoroughfares and is less than one mile from Downtown Phoenix, providing immediate access to employment hubs, cultural attractions, and entertainment venues. Zoned R5/RI, the site supports a range of residential development options, including multi-family configurations, making it an attractive choice for urban housing projects. The property consists of two parcels (APN 111-30-031 and 111-30-033) and is offered at $275,000, delivering strong value in a rapidly growing market. Its proximity to Grand Avenue enhances accessibility and visibility, while the surrounding neighborhood continues to benefit from ongoing revitalization and investment activity. With its central location, flexible zoning, and development potential, this property is well-suited for builders and investors looking to capitalize on Phoenix’s expanding residential demand.