PropertyShark
  • Property data
    • Building characteristics
    • Ownership & legal
    • Sales & financials
    • Development
    • Location & risk
  • Tools
    • Property lists
    • Comparables
    • Ownership research
    • Maps
  • CRE listings
  • Resources
    • Analyze
    • Residential market trends
    • Explore
    • Property records
    • Recently sold homes
    • Learn
    • Webinars
    • Blog
    • Knowledge library
    • Support
    • Help center
Add a Listing Advertise
  1. Commercial Properties
  2. AZ
  3. Phoenix

Central & Olympic Apartments

For Sale

8181 South Central Avenue, Phoenix, AZ 85042

Situated in the vibrant landscape of South Phoenix, this location benefits from its proximity to major attractions. Enjoy easy access to Downtown Phoenix, a hub of culture, dining, and entertainment. With the South Mountain Park close by, residents can take advantage of outdoor recreational activities and breathtaking desert vistas. The nearby Sky Harbor Airport ensures seamless travel connections, while the ongoing light rail expansion promises enhanced accessibility. Boasting a dynamic mix of residential and commercial amenities, the area offers a promising investment prospect for those seeking to capitalize on the appeal of Phoenix's thriving landscape.Introducing a prime development opportunity at 8181 South Central Avenue, Phoenix, AZ. The property is fully entitled and permit-ready for 166,018 SF, 55-unit multifamily development. Situated in the R-3 zone and strategically located on the Central Avenue transit corridor, this property offers no entitlement risk with a highly marketable unit mix and moderate density, it presents a lucrative investment prospect for developers. Enjoy the advantages of an infill location just minutes from Downtown Phoenix, Sky Harbor Airport, and major employment centers. Don't miss the chance to capitalize on the ongoing South Phoenix redevelopment and light rail expansion.

Key features

  • 55 approved multifamily units
  • Attractive infill location minutes from Downtown Phoenix
  • Beneficiary of ongoing South Phoenix redevelopment and light rail expansion
  • Close proximity to Sky Harbor Airport and major employment centers
  • Fully entitled and permit-ready development site
  • Located on the Central Avenue transit corridor
  • Moderate density with a highly marketable unit mix
  • Reduced entitlement risk compared to raw land opportunities

Building Details

  • For Sale $2,100,000
  • Property Type VacantLand
  • Property Size 166,018 SF
  • Units 55
  • Lot Size 2.75 Acre
  • Additional Rent Price on request
  • Date Updated Nov 2, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

False

Contacts

broker
Shane Benjamin

City to City Commercial Real Estate

Location

  • City Phoenix, AZ
  • Neighborhood South Mountain Highland Terrace
  • Zip Code 85042
  • Market Phoenix
  • Map
  • Street
  • Walk score 55/100 Somewhat Walkable
  • Transit score 45/100 Some Transit
  • Bike score 65/100 Bikeable
Powered by Walk Score ®

Points of Interest

Blasian Limousine & Transportation

4.04 miles

Rental Car Center

4.29 miles

24th Street

4.86 miles

3rd St/ Jefferson

5.04 miles

Jefferson/ 1st Ave

5.14 miles

3rd St/ Washington

5.18 miles

12th St/ Jefferson

5.19 miles

Washington/ Central Ave

5.22 miles

12th St/ Washington

5.25 miles

Van Buren/ Central Ave

5.43 miles

EVgo

0.53 miles

Fry's Fuel Center

0.56 miles

Circle K

0.64 miles

Blink

1.32 miles

76

1.56 miles

Chevron

1.60 miles

Safeway

1.92 miles

QuikTrip

2.03 miles

Tesla Destination Charger

4.60 miles

Athletics Parking Lot

2.25 miles

South Parking Lot

2.36 miles

North Parking Lot

2.38 miles

Visitor Parking (Car Rental)

4.38 miles

Tonto Marshalling Yard

4.55 miles

South Air Cargo Employee Parking

4.55 miles

Railway Freight Staging Area

4.73 miles

24th Street Station

4.78 miles

Railway freight staging area

4.79 miles

Chase Field Garage

4.87 miles

$3 CarWash

0.83 miles

Cobblestone Auto Spa

1.39 miles

Super Star Car Wash

1.60 miles

Magic Hand Car Wash

2.34 miles

Dino's Car Wash

2.67 miles

Effortless Mobile Auto Services

4.12 miles

Hertz

4.17 miles

Avis

4.19 miles

Diamond Perfection Details LLC

4.19 miles

SIXT

4.21 miles

Long Wongs

0.24 miles

Happy Food Restaurant

0.25 miles

Pizza Patrón

0.28 miles

Arby's

0.29 miles

Church's Chicken

0.32 miles

KFC

0.33 miles

Sonic

0.37 miles

El Mesquite Cocina Mexicana

0.40 miles

Hungry Howie's

0.43 miles

Central BBQ House

0.43 miles

Food City

0.48 miles

Fry's Food and Drug

0.55 miles

Ranch Market

1.35 miles

Safeway

1.79 miles

Ross

2.16 miles

Target

2.25 miles

Walmart Neighborhood Market

2.51 miles

Big Lots

3.77 miles

Walmart Supercenter

3.89 miles

Phoenix General

5.90 miles

Mountain Park Health Center

0.27 miles

Vanguard Health

0.31 miles

Fresenius Kidney Care - South Mountain

0.42 miles

Evernorth Care Group

0.47 miles

Walgreens

0.47 miles

Cigna Medical Group

0.48 miles

Family Tree Health Care

0.66 miles

CVS Pharmacy

1.24 miles

Phoenix Police Department - South Mountain Precinct

1.42 miles

Phoenix Fire Department - Station 57

1.48 miles

Contact Shane Benjamin
broker
Shane Benjamin

City to City Commercial Real Estate

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Nearby Listings

4302 S Central Ave

4302 S Central Ave

4302 S Central Ave, Phoenix, AZ
$3,625,000
Property
  • VacantLand
  • 9,457 SF
E-NEC of E Baseline Rd & 24th St #4

E-NEC of E Baseline Rd & 24th St #4

E-NEC of E Baseline Rd & 24th St, Phoenix, AZ
Price on request
Property
  • VacantLand
  • 56,052 SF
4027 & 4035 S 9th St

4027 & 4035 S 9th St

4027 & 4035 S 9th St, Phoenix, AZ
$2,000,000
Property
  • VacantLand
W/NWC 27th Ave & Baseline Rd

W/NWC 27th Ave & Baseline Rd

W/NWC 27th Ave & Baseline Rd, Laveen, AZ
Price on request
Property
  • VacantLand
  • 0.95 Acre
NWC/27th Avenue & Baseline Road

NWC/27th Avenue & Baseline Road

NWC/27th Avenue & Baseline Road, Laveen, AZ
Price on request
Property
  • VacantLand
  • 3.21 Acre

Popular Searches

  • Phoenix Office Properties for Sale
  • Mesa Office Properties for Sale
  • Scottsdale Office Properties for Sale
  • Chandler Office Properties for Sale
  • Gilbert Office Properties for Sale
  • Glendale Office Properties for Sale
  • Peoria Office Properties for Sale
  • Phoenix Commercial Real Estate
  • Mesa Commercial Real Estate
  • Scottsdale Commercial Real Estate
  • Tempe Commercial Real Estate
  • Glendale Commercial Real Estate
  • Surprise Commercial Real Estate
  • Chandler Commercial Real Estate
  • Gilbert Commercial Real Estate
  • Queen Creek Commercial Real Estate
  • Peoria Commercial Real Estate
  • Blog
  • X
  • Facebook
  • Instagram
  • LinkedIn
  • About
  • Our Services
  • Contact Us
  • Sitemaps
  • Privacy Policy
  • Your CA Privacy Rights
  • Terms Of Service
  • FAQ

Customer Service

  • (718)715-1758
  • Contact us
Copyright 2003-2026, PropertyShark.com