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    19th Ave & Thunderbird Rd Phoenix, AZ 85023

    For Sale
    $999,000

    26.25 Acres, Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 26.25-acre commercial land parcel presents a unique development opportunity in Phoenix, Arizona's desirable Moon Valley area. Located at the intersection of 19th Avenue and Thunderbird Road, this property boasts a prime location within Maricopa County, zip code 85023. The land is comprised of three separate parcels: 208-16-005T, 208-16-005V, and 208-16-005W, offering flexibility for various development plans. Currently zoned PAD-2, preliminary engineering estimates suggest the potential for developing up to six lots, subject to all applicable regulations and approvals. Situated on the south side of Moon Mountain, this hillside property requires adherence to existing hillside ordinances. The asking price for this significant land holding is $999,000. This presents a compelling investment opportunity for developers seeking a substantial tract of land in a rapidly growing area of Central Phoenix. Prospective buyers are encouraged to conduct their own due diligence and verify all information with the relevant authorities. The property's unique characteristics and location make it an ideal candidate for a variety of commercial developments.

    Property Features for 19th Ave & Thunderbird Rd

    General Information

    Property type
    Land
    Lot Size
    1,143,450 SF

    HighLights

    • $999,000 asking price.
    • 26.25‑acre commercial land parcel.
    • Located at 19th Ave & Thunderbird Rd, Phoenix, AZ 85023 (Maricopa County).
    • APN: 208‑16‑005T; 208‑16‑005V; 208‑16‑005W.
    • PAD‑2 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0997214
    Latitude
    33.6319817

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    FAQs

    What type of property is this?
    Land - 26.25 Acres, Development Opportunity
    Where is this land located?
    The property is located at 19th Ave & Thunderbird Rd Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: $999,000 asking price.; 26.25-acre commercial land parcel.; Located at 19th Ave & Thunderbird Rd, Phoenix, AZ 85023 (Maricopa County).
    (480) 355-2222
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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
    19th Ave & Thunderbird Rd Phoenix, AZ 85023
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