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    174th & Rio Verde Dr Rio Verde, AZ 85263

    For Sale
    Contact for pricing

    16.8-acre prime retail land, AZ

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 16.8-acre commercial land parcel in Rio Verde, Arizona, presents a unique investment opportunity. Located at the intersection of 174th and Rio Verde Drive, this M-2 zoned property is ideally situated across from the entrance to the Trilogy at Verde River community within the master-planned Rio Verde development. The site is planned for a mixed-use retail development, offering build-to-suit (BTS) options, lease opportunities, and ground leases, with the potential for pad sales. This development caters to a significant underserved market

    Property Features for 174th & Rio Verde Dr

    General Information

    Property type
    Land
    Lot Size
    731,808 SF

    HighLights

    • 16.8‑acre retail and mixed‑use development site offering shop space, QSR pads, restaurant space, convenience store space, medical space, anchor and junior anchor opportunities, and self‑storage space.
    • Developer offers build‑to‑suit, lease, and ground lease options; select pad sites available for sale.
    • Strong demand for retail services in underserved Rio Verde community; residents currently travel 8‑12 miles for shopping.
    • Located directly across from the entrance to Trilogy at Verde River and adjacent to the planned West 36 Toll Brothers community (1,200 homes, groundbreaking early 2025).
    • Lease, ground lease, and build‑to‑suit opportunities available.
    • High‑income demographics.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rio Verde
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.70455954155
    Latitude
    33.741504754186

    Nearby Comparable

    • Contact for pricing

      16.80 Acres in Rio Verde

      16.80-acre site planned for retail and mixed-uses.
      174Th St, Rio Verde, AZ 85263
      View Details
    • $777,777
      7.16 Acres

      Rio Verde Land with Views

      7.16 acres of land with mountain views near Trilogy.
      16800 N 168Th St, Rio Verde, AZ 85263
      View Details

    FAQs

    What type of property is this?
    Land - 16.8-acre prime retail land, AZ
    Where is this land located?
    The property is located at 174th & Rio Verde Dr Rio Verde, AZ.
    What are key features of this property?
    This property features: 16.8-acre retail and mixed-use development site offering shop space, QSR pads, restaurant space, convenience store space, medical space, anchor and junior anchor opportunities, and self-storage space.; Developer offers build-to-suit, lease, and ground lease options; select pad sites available for sale.; Strong demand for retail services in underserved Rio Verde community; residents currently travel 8-12 miles for shopping.
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    174th & Rio Verde Dr Rio Verde, AZ 85263
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    Rio Verde, AZ 85263
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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
    174th & Rio Verde Dr Rio Verde, AZ 85263
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