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    31251 Wayside Dr Parker, AZ 85344

    Sponsored
    For Sale
    $599,000

    35+ Acres, High-Density Zoning, Utilities

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 35+ acre vacant land parcel presents a remarkable residential development opportunity in Parker, Arizona. Located at 31251 Wayside Dr, this property boasts convenient access to major transportation arteries, including Interstates 10, 95, and 72/60, ensuring seamless connectivity. The land is zoned R2, allowing for medium to high-density residential development, with a minimum dwelling unit size of 3,600 square feet and a maximum of 12 units per acre. This translates to significant potential for a substantial residential project. Existing infrastructure includes underground water and electric utilities, along with paved road access, simplifying the development process and reducing initial costs. The property's APN is 307-51-037, and ownership transfers at the close of escrow. Situated in La Paz County, Arizona, zip code 85344, this location offers a compelling blend of accessibility and growth potential. The asking price for this prime development land is $599,000. This represents a unique chance to capitalize on the burgeoning residential market in this rapidly developing area. Serious inquiries are encouraged.

    Property Features for 31251 Wayside Dr

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Parker
    County
    La Paz
    State
    Arizona
    Longitude
    -114.227873
    Latitude
    34.008187

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    FAQs

    What type of property is this?
    Land - 35+ Acres, High-Density Zoning, Utilities
    Where is this land located?
    The property is located at 31251 Wayside Dr Parker, AZ.
    What is the asking price?
    The asking price for this property is $599,000.
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    31251 Wayside Dr Parker, AZ 85344
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    Parker, AZ 85344
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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
    31251 Wayside Dr Parker, AZ 85344
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