$385,000
Phoenix, AZ 85007
MLS# 7004005
Status: Closed
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Property Description
1244 West Pierce Street is more than a development opportunity- it is an invitation to be part of what's unfolding in Phoenix. Set on a 13,080 SF site with R-5 zoning, this property offers the scale and flexibility to thoughtfully contribute to a neighborhood that is actively finding its voice. Located just west of 7th Avenue, within a Qualified Census Tract, it sits at the edge of Downtown in a pocket where creativity, culture, and community are already present and thriving.
Details
Maps
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $385,000
Sold Price: $385,000
Status: Closed
List Date: 2026-03-25
Location, Tax & Legal
Lot #: -
Assessor's Map #: 27
Legal Description (Abbrev): UNIVERSITY ADD MCR 1/7 LOTS 15 & 17 BLK K
Assessor's Parcel #: 131
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 112900
Taxes: 349
House Number: 1244
Compass: W
Street Name: PIERCE
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 2349
County Code: Maricopa
Assessor Number: 111-27-131-A
Subdivision: UNIVERSITY ADDITION
Tax Year: 2025
General Property Description
Apx Total Acres: 0.3
Apx Total Acres G/N: G
Price Per Acre: 1330000
Apx SqFt: 13080
Price Per SqFt: 30.5
Apx SqFt G/N: G
Lot Size Dimensions: 135x100
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Kenilworth Elementary School
Jr. High School: Augustus H. Shaw Montessori
High School: North High School
Zoning: R5
Legal Info
Range: 3E
Section: 6
Township: 1N
Lot Number: -
Special Listing Cond
N/A: 1
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: Aligned Showings
No Notification Required to Show: 1
Lockbox Type
None: 1
Existing Land Use
Residential Lot: 1
Zoned Presently
Single Family: 1
Multi-Family: 1
Potential Use
Single Family: 1
Multi-Family: 1
Parcel Size
.25 - .49 Acres: 1
Development Status
Raw Land: 1
Plans Available: 1
Land Features
Curb(s) & Gutter(s): 1
Sidewalk(s): 1
North/South Exp: 1
Land Configuration
Square Rectangular: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Road Responsibility
City Maintained Road: 1
Fencing
None: 1
Water Source
None: 1
CAP: 1
Freeway/Highway
1.1 - 2 Miles: 1
Sewer
Sewer - Public: 1
See Remarks: 1
Electric
APS: 1
None: 1
Topography
Level: 1
Gas
SW Gas: 1
None: 1
Existing Structures
None: 1
Distance to Cable
Call Listing Office: 1
New Financing
Cash: 1
Conventional: 1
Owner May Carry: 1
1031 Exchange: 1
Distance to Phone
Call Listing Office: 1
Distance to Water
Call Listing Office: 1
Existing 1st Loan
Treat as Free&Clear: 1
Distance to Electric
Call Listing Office: 1
Distance to Gas
Call Listing Office: 1
Distance to Sewer
Call Listing Office: 1
Reports/Disclosures
Other (See Rmks): 1
Environmental
Other (See Rmks): 1
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession to Seller: 702.5
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: NW Grand Ave & W Pierce Street
Directions: West on Pierce Street from Grand Avenue. Property located on the north side of the street.
Geo Lat: 33.456269
Geo Lon: -112.089868
Status Change Info
Off Market Date: 2026-04-11
Under Contract Date: 2026-04-10
Close of Escrow Date: 2026-04-11
Sold Price: $385,000
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family; Multi-Family
Potential Use: Single Family; Multi-Family
Parcel Size: .25 - .49 Acres
Development Status: Raw Land; Plans Available
Land Features: Curb(s) & Gutter(s); Sidewalk(s); North/South Exp
Land Configuration: Square Rectangular
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Topography: Level
Existing Structures: None
Water Source: None; CAP
Sewer: Sewer - Public; See Remarks
Electric: APS; None
Gas: SW Gas; None
Distance to Cable: Call Listing Office
Distance to Phone: Call Listing Office
Distance to Water: Call Listing Office
Distance to Electric: Call Listing Office
Distance to Gas: Call Listing Office
Distance to Sewer: Call Listing Office
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional; Owner May Carry; 1031 Exchange
Environmental: Other (See Rmks)
Showing Notification Methods: No Notification Required to Show
Lockbox Type: None
Fencing: None
Supplements
Moments from the Grand Avenue Arts District and minutes to Roosevelt Row, this location is surrounded by the kind of energy that cannot be manufactured- only built alongside. This is a place where growth is not about replacement, but about thoughtful addition. Where new development has the opportunity to respect what exists while helping shape what comes next.
With proximity to the light rail, the Arizona State University Downtown Campus, the Phoenix Stadium District, and I-10, the connectivity supports a lifestyle that is urban, accessible, and evolving. But what truly sets this opportunity apart is not just location- it is timing. This is a moment to build with intention.
To create something that adds to the fabric, not just the footprint.
To be part of a neighborhood's next chapter- not just by leading it, but by understanding it.
Listing Office: LOVE PHX
Last Updated: April - 12 - 2026
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