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    406 Sunshine Blvd Eloy, AZ 85131

    For Sale
    $349,000

    High-traffic location, .87-acre lot, development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional .87-acre commercial parcel presents a unique investment opportunity in Eloy, Arizona. Strategically located off Interstate 10, at the gateway to the city, this property enjoys high visibility and accessibility, making it ideal for a variety of commercial or light industrial uses. The lot is situated adjacent to a thriving Dollar Store, ensuring high foot traffic and brand recognition. While a building currently exists on the property, it is not currently habitable and would require significant renovation or demolition. This presents a blank canvas for developers to create a custom-designed structure to meet their specific needs. The substantial lot size offers ample space for construction, parking, and potential future expansion. Given its prime location and considerable size, this property is poised for significant return on investment. The property's proximity to Interstate 10 provides easy access to major transportation routes, connecting businesses to regional and national markets. This is a rare opportunity to acquire a well-positioned commercial lot in a growing Arizona community. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The address is 406 S SUNSHINE Boulevard Unit 406, Eloy, AZ. The asking price is $349,000.

    Property Features for 406 Sunshine Blvd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    37,897 SF

    Building Details

    Year Built
    1949
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Eloy
    County
    Pinal
    State
    Arizona
    Longitude
    -111.5512
    Latitude
    32.743

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, .87-acre lot, development potential.
    Where is this commercial real estate located?
    The property is located at 406 Sunshine Blvd Eloy, AZ.
    What is the asking price?
    The asking price for this property is $349,000.
    (480) 235-3617
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    406 Sunshine Blvd Eloy, AZ 85131
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    Eloy, AZ 85131
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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
    406 Sunshine Blvd Eloy, AZ 85131
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