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$950,000
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Property Description
Located at 5020 S 16th Street in Phoenix, Arizona, this industrial land offering presents a rare opportunity to acquire a well-positioned parcel in one of the Valley's most active employment and logistics corridors. The property benefits from its central Phoenix location, offering efficient access to the region's major transportation infrastructure and employment base. The site consists of approximately ±0.98 acres and is zoned A-2 (Heavy Industrial), allowing for a wide range of industrial and commercial uses. The zoning supports flexibility for owner-users, developers, or investors seeking land suitable for manufacturing, warehousing, contractor yards, transportation-related uses, or other industrial applications. Located at 5020 S 16th Street in Phoenix, Arizona, this industrial land offering presents a rare opportunity to acquire a well-positioned parcel in one of the Valley's most active employment and logistics corridors. The property benefits from its central Phoenix location, offering efficient access to the region's major transportation infrastructure and employment base. The site consists of approximately ±0.98 acres and is zoned A-2 (Heavy Industrial), allowing for a wide range of industrial and commercial uses. The zoning supports flexibility for owner-users, developers, or investors seeking land suitable for manufacturing, warehousing, contractor yards, transportation-related uses, or other industrial applications. Accessibility is a key strength of the property. The location provides convenient access to Interstate 10, Interstate 17, and Loop 202, allowing for efficient regional connectivity throughout the Phoenix metropolitan area. Proximity to Phoenix Sky Harbor International Airport further enhances the site's appeal for logistics, distribution, and service-oriented users requiring close airport access. The surrounding area is characterized by strong industrial fundamentals, with nearby uses including logistics facilities, service yards, manufacturing operations, and major employment hubs. Ongoing development and investment activity throughout South Phoenix and the greater Sky Harbor submarket continue to reinforce long-term demand for industrial land in this location. Utilities are available in the area, and the parcel configuration supports practical site planning and development. The property's size and zoning make it suitable for a variety of development strategies, whether for immediate use or longer-term repositioning in a growing industrial corridor. Overall, 5020 S 16th Street offers a compelling combination of central location, industrial zoning, transportation access, and market fundamentals. The property is well suited for users or investors seeking an infill industrial land opportunity in a supply-constrained Phoenix submarket with continued growth drivers.
Full Property Details
Full Property Details for 5020 S 16th St #--
General
- Price: $950,000
- Taxes: $3,012 (2025)
- Status: Active
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6981619
- Updated: 2/8/2026
- Added to Site: 11 day(s) ago
Location
- County: Maricopa
- Township: 1N
- Subdivision: South Phoenix - Industrial
- Cross Streets: 16th St and Broadway Road
- Total Lots Available: 1
Utilities
- Dist. to Gas: None
- Dist. to Electric: On Property
- Dist. to Sewer: Under 350 Feet
- Water: City Franchise
- Dist. to Water: On Property
- Dist. to Telecomm: Under 350 Feet
Additional Structures
- Other Structures: None
Lot Features
- Property View: City
- Lot Size (Acres): 0.98
- Lot Size (Sq. Ft.): 42,863
- Lot Dimensions: 110 x 388
- Frontage: Asphalt, Curbs and Gutters
- Lot Features: See Remarks, East/West Exposure
- Development Status: See Remarks, Plans Available, Plans Included, Prelim Eng Included
- Trees/Vegetation: Natural Vegetation
- Zoning: A-2
Financial Considerations
- Tax Amount: $3,012
- Tax Year: 2025
- Terms: Cash, SBA, No Carry, 1031 Exchange, Conventional
Disclosures and Reports
- Legal Description: SEC 28 1N 3E PT ARB LOT 20 S 110' OF FOL N2 OF THAT PT SE4 NE4 BEG AT SE COR AT IRONPIPE ON E LI SE
- Property ID: 113-54-014
- Range: 3E
- Section: 28
- Lot Number: --
Listed by Gerchick Real Estate
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Schools
Schools serving 5020 S 16th St #--
School Districts:Roosevelt Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Irene Lopez School 4610 South 12th Street, Phoenix, AZ 85040 | K-8 | 0.6 mi |
South Mountain High School 5401 S 7th St, Phoenix, AZ 85040 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5020 S 16th St #--
Date
Details
Price
Change
Source
2/08/2026
Listed
$950,000
58.33%
MLS
7/12/2022
Sold
$600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5020 S 16th St #--
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,012
3%
$63,090
16%
2024
$2,934
10%
$54,375
3%
2022
$2,671
—
$52,785
100%
2022
$2,671
—
-100%
2022
$2,671
-2%
$17,730
-4%
2021
$2,726
1%
$18,435
-11%
2020
$2,692
3%
$20,625
41%
2019
$2,605
3%
$14,595
8%
2018
$2,535
4%
$13,575
1%
2017
$2,441
5%
$13,425
6%
2016
$2,322
—
$12,615
—
2015
$2,332
-1%
$12,640
-4%
2014
$2,363
1%
$13,200
-9%
2013
$2,343
—
$14,451
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5020 S 16th St #--
5020 S 16th Street #--, Phoenix, AZ 85040 (MLS# 6981619) is a Lots/Land property with a lot size of 0.98 acres. 5020 S 16th Street #-- is currently listed for $950,000 and was received on February 09, 2026. Want to learn more about 5020 S 16th Street #--? Do you have questions about finding other Lots/Land real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

