1040 E McDowell — Sale in Phoenix, AZ
- Price: Contact for price
- Listing type: For sale
- Asset type: Commercial Land
- Location: Phoenix, AZ 85006
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Description
1040 E McDowell Road is a ±2.84-acre entitled development site approved for 255 apartment units and ground-floor retail, directly across McDowell Road from Central Phoenix's largest hospital campus and 1.5 miles from the downtown core. Investment Highlights: • Banner – University Medical Center (746 beds) sits directly across McDowell Rd; Phoenix Children's, Abrazo Arizona Heart, St. Joseph's / Barrow and the Phoenix VA Medical Center are all with 3 miles. • The conceptual site plan was submitted to the City in August 2026 and is proceeding through site plan review. • The PUD rezoning is complete and the conceptual site plan is in City review. A buyer inherits an 80-foot height allowance on McDowell Road.
Market Context
This land in Phoenix, AZ is listed for sale. Compare it against other land listings for sale in Phoenix, AZ — view the full market.
Contact
- Kyle Ingram · (602) 687-6816 · kyle.ingram@marcusmillichap.com
- Pete Te Kampe · (602) 687-6767 · pete.tekampe@marcusmillichap.com
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