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    128XX Buckeye Rd Avondale, AZ 85323

    Sponsored
    For Sale
    $8,000,000

    Shovel-ready 6.5-acre site, 156-unit apartment project approved.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.5-acre (approximately) parcel in Avondale, Arizona, presents a remarkable multifamily investment opportunity. The City of Avondale has already approved plans for a 156-unit apartment complex, eliminating significant pre-development hurdles. The proposed project encompasses six three-story buildings offering a mix of one- and two-bedroom units. Community amenities are thoughtfully designed to enhance resident lifestyles and include a 1,580 square foot leasing office and recreation building, a refreshing pool and hot tub, a relaxing sun deck, a children's playground, and inviting BBQ gazebos. The property boasts an enviable location, providing convenient access to the I-10 freeway, ensuring effortless commutes. Within a one-to-two-mile radius, residents will find a variety of shopping, dining, and grocery options. Nearby public schools, parks, and a golf course further enhance the desirability of this location. Its proximity to the spring training ballpark and Goodyear Airport adds to its appeal. Some preliminary site work has already been completed, and all approved architectural drawings are included in the sale, streamlining the development process. The asking price for this prime development land is $8,000,000. This is a truly exceptional opportunity to capitalize on the strong demand for multifamily housing in the rapidly growing Avondale area. The property is located at 128XX W Buckeye Road, Buckeye, AZ 85323, in Maricopa County.

    Property Features for 128XX Buckeye Rd

    General Information

    Property type
    Land

    HighLights

    • $8,000,000 asking price.
    • 6.5‑acre residential land parcel in Buckeye, AZ.
    • Avondale city approvals for a 156‑unit multifamily development.
    • Proposed project includes one- and two‑bedroom units in six three‑story buildings, plus amenities.
    • Convenient I‑10 freeway access and proximity to shopping, dining, and schools.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Avondale
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.3043564
    Latitude
    33.4354274

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    FAQs

    What type of property is this?
    Land - Shovel-ready 6.5-acre site, 156-unit apartment project approved.
    Where is this land located?
    The property is located at 128XX Buckeye Rd Avondale, AZ.
    What is the asking price?
    The asking price for this property is $8,000,000.
    What are key features of this property?
    This property features: $8,000,000 asking price.; 6.5-acre residential land parcel in Buckeye, AZ.; Avondale city approvals for a 156-unit multifamily development.
    (623) 238-2353
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    128XX Buckeye Rd Avondale, AZ 85323
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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.

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    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
    128XX Buckeye Rd Avondale, AZ 85323
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