Retail Site in Rio
174th & Rio Verde Drive Rio Verde, AZ 85263
16.80-acre site planned for retail and mixed-use developments.
Type:Land
Lot size:
16.80 Acres- Added:
- Jul 16, 2024
- Days on Market:
- 725
- Last Refresh:
- Jun 22 at 4:20 am
Property Features for 174th & Rio Verde Drive
General Information
- Standard status
- Active
- Lot size
- 16.80 Acres
- Property subtype
- Land
Listing office SRS Real Estate Partners Phoenix
Listing date Jul 16, 2024
Source Crexi
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 SRS Real Estate Partners Phoenix
Investment Insights
Based on property information with market context.
The Shops at Rio Verde comprise a 16.80-acre site intended for retail and mixed-use developments. The site plan includes shop space and pads suitable for quick-service restaurants, traditional restaurants, convenience stores, medical facilities, anchor stores, junior anchor stores, and self-storage facilities. The developer is open to build-to-suit projects, leases, ground leases, and potential pad sales. The Rio Verde community currently lacks retail services and amenities, with residents traveling 8 to 12 miles to access such services. The property is located across from the entrance to Trilogy at Verde River within the Rio Verde master-planned community. West 36, a 1,200-home development by Toll Brothers located just east of the site, is planned to break ground by early 2025. Opportunities for lease, ground lease, or build-to-suit arrangements are available. The area is characterized by very high household incomes. The property is zoned C-2 under Maricopa County regulations and has EPCOR water services.
Key Highlights
- Underserved Retail Market: Opportunity to serve the Rio Verde community, which currently lacks local retail options.
- High‑Income Demographics: Tap into strong consumer spending potential within an affluent area.
- Strategic Location: Located across from Trilogy at Verde River, a well‑established master‑planned community.
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - 16.80-acre site planned for retail and mixed-use developments.
Where is this commercial land located?
The property is located at 174th & Rio Verde Drive Rio Verde, AZ.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: Underserved Retail Market: Opportunity to serve the Rio Verde community, which currently lacks local retail options.; High‑Income Demographics: Tap into strong consumer spending potential within an affluent area.; Strategic Location: Located across from Trilogy at Verde River, a well‑established master‑planned community.
