7539 E 1st Street 3 Exceptional development-ready lot located in the heart of Old Town Scottsdale, just blocks from the area's premier shopping, dining, and entertainment venues, including Scottsdale Stadium and Scottsdale Fashion Square. This highly desirable parcel is zoned Downtown (D/T), allowing for up to 50 units per acre and offering the potential to develop four or more luxury multi-family residences with dedicated parking. The site benefits from multiple points of ingress and egress, providing flexibility in site planning and design. With the City of Scottsdale actively supporting higher-density residential development, this property presents an outstanding opportunity for investors seeking to capitalize on small-scale, high-quality multi-family projects in one of the Valley's most sought-after urban neighborhoods.