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    2902 W Virginia Ave Phoenix, AZ 85008

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    For Sale
    $2,000,000

    Turnkey, operational cultivation site in the heart of Phoenix.

    Property size:
    12,000 SF
    Lot size:
    0.85 Acres

    Property Features for 2902 W Virginia Ave

    General Information

    Size
    12,000 SF
    Lot size
    0.85 Acres

    Source: Kidder Mathews | Phoenix Agent Pete Wilson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Phoenix Cultivation Site For Sale

    This property offers a rare opportunity to purchase a turnkey, operational cultivation site located in Phoenix, Arizona. The property includes a large fenced yard and provides easy access to I-17. The property size is 12000 square feet.
    Location Intelligence

    Current Use by Public Records

    Cannabis farms

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.1216782
    Latitude
    33.4771419

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    FAQs

    What type of property is this?
    Cannabis farm - Turnkey, operational cultivation site in the heart of Phoenix.
    Where is this cannabis farm located?
    The property is located at 2902 W Virginia Ave Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Turnkey, operational cultivation site, ready for your immediate use.; - Rare opportunity to acquire a fully equipped facility.; - In the heart of Phoenix, AZ, offering a prime location.
    (602) 513-5200
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    2902 W Virginia Ave Phoenix, AZ 85008
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    Phoenix, AZ 85008
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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
    2902 W Virginia Ave Phoenix, AZ 85008
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