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    Us-60 Of Grand Ave Buckeye, AZ 85361

    For Sale
    $1,310,000

    11 Acres, Industrial Zoning, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 11-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Buckeye, Arizona area. Located in Maricopa County, near Wittman, with a 85361 zip code, the property boasts convenient access to major transportation arteries, situated on 219th Ave, just east of Grand Ave (US-60). The land is comprised of two parcels: approximately 10 acres (APN 503-17-424) and approximately 1 acre (APN 503-17-428). The larger parcel is adjacent to the eastern boundary of a significant 4,000-acre BNSF intermodal railroad facility. The smaller parcel sits adjacent to the northern boundary of the same BNSF property. This strategic location offers unparalleled proximity to a major transportation hub, significantly enhancing its value and potential for development. The property is zoned RU-43, permitting various commercial uses. The asking price is $1,310,000, translating to a land value of $2.73 per square foot. BNSF's recent approval for a General Plan modification by the City of Surprise to allow industrial development on their site further underscores the area's burgeoning industrial growth and the long-term potential of this strategically located land. This presents a compelling investment opportunity for developers seeking proximity to established infrastructure and a thriving industrial sector. The property is approximately one mile east of Apple.

    Property Features for Us-60 Of Grand Ave

    General Information

    Property type
    Land
    Lot Size
    479,160 SF

    HighLights

    • 10‑acre parcel, APN 503‑17‑424, bordering BNSF Railway property.
    • 1‑acre parcel, APN 503‑17‑428, adjacent to BNSF Railway land.
    • Approximately one mile east of Apple.
    • BNSF operates a large, 4,000‑acre intermodal rail facility nearby.
    • BNSF secured city approval for industrial development on its site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Buckeye
    County
    Maricopa county
    State
    Arizona
    Longitude
    -112.6437026
    Latitude
    33.739702

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    FAQs

    What type of property is this?
    Land - 11 Acres, Industrial Zoning, Excellent Location
    Where is this land located?
    The property is located at Us-60 Of Grand Ave Buckeye, AZ.
    What is the asking price?
    The asking price for this property is $1,310,000.
    What are key features of this property?
    This property features: 10-acre parcel, APN 503-17-424, bordering BNSF Railway property.; 1-acre parcel, APN 503-17-428, adjacent to BNSF Railway land.; Approximately one mile east of Apple.
    Request Owner's contact information
    Us-60 Of Grand Ave Buckeye, AZ 85361
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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
    Us-60 Of Grand Ave Buckeye, AZ 85361
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