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    2720 Grand Ave Phoenix, AZ 85017

    Sponsored
    For Sale
    Contact for pricing

    Fully improved, entitled pad site; drive-thru approved.

    Property size:
    59,113 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 59,113 square foot commercial land parcel, located at 2720 W Grand Ave in Phoenix, Arizona (zip code 85017, Maricopa County), presents a unique investment opportunity. The property is a fully improved and fully entitled pad site, ready for immediate development. Drive-thru plans have already been completed and approved by the City of Phoenix, streamlining the permitting process and accelerating the timeline to occupancy. This significantly reduces development risk and time-to-market for prospective tenants. The site's prime location in Phoenix offers excellent visibility and accessibility, making it ideal for a variety of retail uses. The property's size and features make it suitable for a range of businesses seeking a convenient and well-prepared location. This is a rare opportunity to acquire a fully prepared commercial pad site in a thriving Arizona market. Serious inquiries are encouraged to explore this exceptional development opportunity further. All necessary entitlements are in place, minimizing delays and maximizing return on investment.

    Property Features for 2720 Grand Ave

    General Information

    Property type
    Retail properties
    Square Feet
    59,113 SF

    HighLights

    • Fully improved pad site.
    • Fully entitled pad site.
    • Drive‑thru plans approved by the City of Phoenix.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.1278198
    Latitude
    33.4901141

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    FAQs

    What type of property is this?
    Retail property - Fully improved, entitled pad site; drive-thru approved.
    Where is this retail property located?
    The property is located at 2720 Grand Ave Phoenix, AZ.
    What are key features of this property?
    This property features: Fully improved pad site.; Fully entitled pad site.; Drive-thru plans approved by the City of Phoenix.
    Request Owner's contact information
    2720 Grand Ave Phoenix, AZ 85017
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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
    2720 Grand Ave Phoenix, AZ 85017
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