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    27th Ave & Phoenix, AZ 85041

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    For Sale
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    82,500 SF Commercial Land, Two Pads Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 82,500 square foot commercial land parcel presents a remarkable development opportunity in the rapidly growing Laveen area of Phoenix, Arizona (Maricopa County, zip code 85041). Located at the intersection of NW 27th Avenue and W Baseline Road, this property is currently zoned RU-43, but a lot split and rezoning to C-2 Intermediate Commercial is in progress. The site offers two distinct development pads, ideal for a variety of commercial uses. Pad 1, proposed for restaurant use, encompasses approximately 4,346 square feet. Pad 2, envisioned for retail development, measures approximately 3,140 square feet. This prime location within the Phoenix MSA provides excellent visibility and accessibility, making it an attractive investment for developers seeking to capitalize on the area's burgeoning growth. The property's size and potential for multiple commercial buildings make it a highly versatile and valuable asset. This is a rare chance to acquire a significant land holding in a high-demand area, offering substantial potential for future returns. The current zoning allows for immediate development, while the pending rezoning to C-2 will further enhance the property's value and development possibilities. Detailed site plans and further information are available upon request.

    Property Features for 27th Ave &

    General Information

    Property type
    Land

    HighLights

    • 82,500 SF commercial land parcel in Laveen, Phoenix, AZ (85041).
    • Located at NW 27th Ave & W Baseline Rd.
    • Currently RU‑43 zoned, with pending rezoning to C‑2.
    • Two development pads: ~4,346 SF (restaurant) and ~3,140 SF (retail).
    • Excellent visibility and accessibility in a high‑growth area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.1164279
    Latitude
    33.3823262

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    FAQs

    What type of property is this?
    Land - 82,500 SF Commercial Land, Two Pads Available
    Where is this land located?
    The property is located at 27th Ave & Phoenix, AZ.
    What are key features of this property?
    This property features: 82,500 SF commercial land parcel in Laveen, Phoenix, AZ (85041).; Located at NW 27th Ave & W Baseline Rd.; Currently RU-43 zoned, with pending rezoning to C-2.
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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
    27th Ave & Phoenix, AZ 85041
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