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    20405 N Estrella Pkwy Maricopa, AZ 85139

    For Sale
    $6,500,000

    Land - Maricopa, AZ

    Lot size:
    10.19 Acres
    Days on Market:
    124
    Last Refresh:
    Dec 15 at 2:06 am

    Property Features for 20405 N Estrella Pkwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Security features
    Gated Community
    Zoning
    Apartments
    APN
    510-17-022
    Fencing
    Gate
    Lot size
    10.19 Acres

    Building Details

    Architectural style
    Other

    eXp Realty (888) 897-7821 [email protected]

    Listing agent Shane M. Cook (888) 897-7821

    Listing date Aug 14, 2025

    MLS# 6493642 Listing URL

    Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Maricopa Land for Apartment Development

    This 10.19-acre property in Maricopa, Arizona, is zoned for apartments and features completed rezoning with nearly fully approved construction drawings for a 195-unit garden-style apartment complex development. The proposed development includes over 70 garages, a pool, pet amenities, and a clubhouse. The maximum density is 20 units per acre, while the proposed density is 19.17 units per acre. The unit mix consists of 78 one-bedroom units, 99 two-bedroom units, and 18 three-bedroom units. There are 14 garage buildings, each with 5 spaces, providing 70 rentable garage spaces. The development plan includes a total of 399 parking spaces. This project is nearly ready for construction.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Spa & Massage

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Maricopa
    County
    Pinal
    State
    Arizona
    Longitude
    -112.05763
    Latitude
    33.063768

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    FAQs

    What type of property is this?
    Apartment building - Land with near-approved plans for 195-unit apartment complex.
    Where is this apartment building located?
    The property is located at 20405 N Estrella Pkwy Maricopa, AZ.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: - Nearly fully approved construction drawings for a 195-unit apartment complex.; - Completed rezoning for high-density residential development.; - Includes 70+ rentable garage spaces.
    (888) 897-7821
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    20405 N Estrella Pkwy Maricopa, AZ 85139
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    Maricopa, AZ 85139
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20405 N Estrella Pkwy Maricopa, AZ 85139
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