Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2382 N Litchfield Rd Goodyear, AZ 85395

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    6.15 acres of land suitable for various developments.

    Type:Land
    Property size:
    6 SF
    Added:
    Nov 25, 2025
    Days on Market:
    154
    Last Refresh:
    Apr 6 at 1:20 am

    Property Features for 2382 N Litchfield Rd

    General Information

    Standard status
    Active
    Size
    6 SF
    Property subtype
    Land

    We can help!

    Listing Contact
    Brian Gausden

    Listing agent Brian Gausden

    Listing office

    Listing date Nov 25, 2025

    Source W-retail

    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 Brian Gausden

    Overview

    Goodyear Land Parcel Available

    This property features approximately 6.15 acres of land located along Litchfield Road in Goodyear, Arizona. The parcel, identified as APN 501-78-824, is zoned PAD (Planned Area Development) by the City of Goodyear. It is suitable for assisted living, multifamily, medical/office, and retail pad developments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Real Estate Agency Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Goodyear
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.359
    Latitude
    33.4737

    Nearby Similar for Sale

    • $119,000

      Estrella Custom Home Site

      Upscale corner lot in prestigious master-planned community.
      11093 S WILSON Lane, Goodyear, AZ 85338
      View Details
    • $220,000

      Goodyear Land with Mountain Views

      East/West-facing 0.63 acre lot in Estrella Mountain Ranch.
      9353 S 176TH Lane, Goodyear, AZ 85338
      View Details
    • $149,900

      Goodyear Land in Gated Community

      Residential land in exclusive community with mountain views and amenities.
      17668 W ESTES Way, Goodyear, AZ 85338
      View Details
    • $410,000

      Residential Land in Goodyear, Arizona

      Residential land available for custom home construction in Goodyear, AZ.
      16464 W MOHAVE Street, Goodyear, AZ 85338
      View Details
    • $157,500

      Residential Lot in Estrella Mountain Ranch

      Spacious lot in resort-style community with mountain views.
      18365 W Porter Drive, Goodyear, AZ 85338
      View Details
    • $175,000

      Goodyear Land with Mountain Views

      Five-acre parcel in Goodyear with Estrella Mountain views.
      26xxx S 178th Avenue, Goodyear, AZ 85338
      View Details
    • $114,980

      Goodyear Land with Mountain Views

      Large lot in Goodyear, Arizona with mountain views.
      S BULLARD Avenue, Goodyear, AZ 85338
      View Details
    • $249,900

      Goodyear Acre Lot with Views

      One-acre residential lot in The Summit community, Goodyear, Arizona.
      9400 S KRISTA Drive E, Goodyear, AZ 85338
      View Details
    • $139,500

      Goodyear Land in Estrella Ranch

      Residential lot in resort-style community with utilities available.
      18222 W SANTA ALBERTA Lane, Goodyear, AZ 85338
      View Details
    • $65,000

      Goodyear Land with Mountain Views

      1.1 acre lot with Estrella Mountain views, no HOA.
      260xx S Rainbow Valley Road, Goodyear, AZ 85338
      View Details
    • $239,000

      Goodyear Acre with Mountain Views

      One-acre parcel in Goodyear with shared well and mountain views.
      8400 S DYSART Road, Goodyear, AZ 85338
      View Details
    • $65,000

      Goodyear Land with Mountain Views

      1.11-acre lot in Goodyear, ideal for custom home.
      260xx S Rainbow Valley Road, Goodyear, AZ 85338
      View Details

    FAQs

    What type of property is this?
    Land - 6.15 acres of land suitable for various developments.
    Where is this land located?
    The property is located at 2382 N Litchfield Rd Goodyear, AZ.
    What are key features of this property?
    This property features: ±6.15 Acres Available; Located Along Litchfield Rd; Zoning: PAD City of Goodyear
    (602) 778-3740
    We can help!
    Listing Contact
    Brian Gausden
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!