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    Nwc Ocotillo Rd & Meridian Rd Queen Creek, AZ 85140

    For Lease
    Contact for pricing

    High-Visibility Retail Space Available

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 5.39-acre retail property, located at the Northwest corner of Ocotillo Road and Meridian Road in Queen Creek, Arizona (zip code 85140), presents a unique investment opportunity. The property boasts a prime location with high visibility and significant traffic counts, making it ideal for a variety of retail uses. The single building encompasses a total of 1 square foot, currently offering 1 square foot of vacant space for lease. This presents a blank canvas for a prospective tenant to customize the space to their specific needs. The expansive 5.39-acre lot provides ample room for expansion, additional development, or ample parking. Situated in Maricopa County, this property benefits from a thriving community and strong economic growth in the Queen Creek area. The property's strategic location at a major intersection ensures maximum exposure to potential customers. This is a rare opportunity to acquire a high-visibility retail site in a rapidly growing market. The property is currently available for lease, offering a chance to establish a successful business in a prime location. Interested parties are encouraged to inquire for further details and leasing information. The property's coordinates are 33.2489759 latitude and -111.5829683 longitude.

    Property Features for 0 Nwc Ocotillo Rd & Meridian Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Queen Creek
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.5829683
    Latitude
    33.2489759

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    FAQs

    What type of property is this?
    Retail property - High-Visibility Retail Space Available
    Where is this retail property located?
    The property is located at Nwc Ocotillo Rd & Meridian Rd Queen Creek, AZ.
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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
    Nwc Ocotillo Rd & Meridian Rd Queen Creek, AZ 85140
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