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    Vly Pkwy & Sonoran Desert Dr Phoenix, AZ 85085

    For Lease
    Contact for pricing

    2.42 Acres, Multiple Tenancy Potential

    Lot size:
    37,462 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.42-acre pad site presents a remarkable opportunity for retail development in the thriving Phoenix, Arizona market. Located at the southwest corner of North Valley Parkway and Sonoran Desert Drive, this property boasts a highly visible location with excellent access and high traffic counts. The site is zoned for commercial use and is currently available for multiple tenants, offering flexibility for various retail concepts. With a total land area of 2.42 acres, there is ample space for the construction of a substantial retail development, potentially including multiple buildings or a large single structure. The property's strategic location within Maricopa County, specifically in the 85085 zip code, places it within a densely populated area with strong consumer demographics. This prime location offers easy access to major transportation arteries, ensuring high visibility and convenient access for customers. The site's flat topography simplifies development, minimizing site preparation costs and accelerating the construction timeline. This presents a unique opportunity for investors and developers seeking a high-impact retail investment in a rapidly growing area of Phoenix. The property's size and location make it ideal for a variety of retail uses, from restaurants and shops to service businesses. Serious inquiries are encouraged to explore the potential of this exceptional retail pad site. The property is currently available for development. One acre is immediately available.

    Property Features for 0 Vly Pkwy & Sonoran Desert Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,462 SF

    Unit(s) available at that property

    Space
    Pad B
    Size
    37,462 SF

    HighLights

    • High‑visibility location on Sonoran Desert Drive, near the Loop 303 & I‑17 interchange.
    • Excellent site for convenience retail.
    • Strong trade area including affluent communities like Tramonto, Carefree Crossings, and Sonoran Foothills.
    • Proximity to W.L. Gore & Associates, a major employer with significant planned growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.1130244
    Latitude
    33.7693648

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    FAQs

    What type of property is this?
    Land - 2.42 Acres, Multiple Tenancy Potential
    Where is this land located?
    The property is located at Vly Pkwy & Sonoran Desert Dr Phoenix, AZ.
    What are key features of this property?
    This property features: High-visibility location on Sonoran Desert Drive, near the Loop 303 & I-17 interchange.; Excellent site for convenience retail.; Strong trade area including affluent communities like Tramonto, Carefree Crossings, and Sonoran Foothills.
    Request Owner's contact information
    Vly Pkwy & Sonoran Desert Dr Phoenix, AZ 85085
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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
    Vly Pkwy & Sonoran Desert Dr Phoenix, AZ 85085
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