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Industrial Zoned Development Land
For Sale
$50,000

102 W Dr Martin Luther King Jr St, Eloy, AZ 85131

Industrial-zoned parcel with a non-operational, likely teardown structure, offered with buyer responsibility for City approvals.

Property Size2,175 SF
Price / SF$22.99
Days on Market127

Property Features for 102 W Dr Martin Luther King Jr St

General Information

Standard status Active
Size 2,175 SF
Zoning industrial
Listing Agency: HomeSmart
Listed By: Sandra Esquivias · License #SA658869000
Source: Exprealty
Added: Mar 27 Changed: Jul 24 Last Checked: Jul 31 at 3:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart

Investment Insights

Based on property information with market context.

This offering is for industrial-zoned land at 102 W Dr Martin Luther King Jr St in Eloy, AZ. The seller indicates the property was formerly used as a restaurant and that the existing structure is non-operational and likely a teardown, creating a blank slate for redevelopment.

The property includes frontage along W Dr Martin Luther King Jr St. The buyer will need to complete all due diligence with the City of Eloy Planning & Zoning regarding proposed development and approvals.

Because the existing improvements are not currently operating, prospective buyers should plan for redevelopment work and verify all intended uses and permitting requirements directly with the City.

Key Highlights

  • Industrial‑zoned property formerly used as a restaurant (per seller)
  • Non‑operational current structure likely a teardown, offering a blank slate
  • High‑visibility frontage

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Dental Office Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

226
Businesses Nearby

Demographics for 85131, AZ

16,723
Population
5,381
Households
3.1
Avg Household Size
38
Median Age
13%
College-Educated
77%
High-School Grad
306.7 sq mi
ZIP Area
55
Density / Sq Mi
$55,137
Median Household Income
$26,957
Median Earnings
$940
Median Rent
$243,700
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Industrial-zoned parcel with a non-operational, likely teardown structure, offered with buyer responsibility for City approvals.
Where is this industrial land located?
The property is located at 102 W Dr Martin Luther King Jr St Eloy, AZ.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Industrial‑zoned property formerly used as a restaurant (per seller); Non‑operational current structure likely a teardown, offering a blank slate; High‑visibility frontage
More about this property
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