Westward Skies Dr & El Mirage Rd Peoria, AZ 85383
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45.8 Acres, Prime Development Opportunity
Property Features for 0 Westward Skies Dr & El Mirage Rd
General Information
- Property type
- Land
- Lot Size
- 1,995,048 SF
Listing Agency: Colliers - Phoenix, Arizona Listing Agent: Ramey Peru
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 45.8-acre mixed-use land parcel, located in Peoria, Arizona, presents a compelling investment opportunity. Situated at the intersection of Westward Skies Drive and El Mirage Road, this property boasts a highly desirable PCD | V-MUCC zoning designation, allowing for a diverse range of development options, including office, industrial, and medical spaces. With permitted building heights reaching up to 120 feet, the site offers significant potential for high-density development. The parcel's strategic location within the Vistancia Mixed-Use Commercial Core places it in close proximity to major employers, including Amkor Technology, which is currently in escrow to purchase adjacent land for a substantial new facility, and the soon-to-open American Leadership Academy, a 2,400-student K-12 charter school. The area's thriving business environment, skilled workforce, and modern infrastructure create a favorable climate for development. Further enhancing the property's appeal is the nearby Vistancia Point project, which includes a new Fry's Marketplace and additional retail spaces, scheduled to open in November 2024. The asking price is $29,922,270, with a land value of $15 per square foot. The property's APN is 510-08-953, and it is owned by Vistancia Development LLC. This is a rare opportunity to acquire a large, strategically located parcel in a rapidly growing area of the Phoenix metropolitan area.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Map
- City
- Peoria
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.315411
- Latitude
- 33.740274
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FAQs
What type of property is this?
Land - 45.8 Acres, Prime Development Opportunity
Where is this land located?
The property is located at Westward Skies Dr & El Mirage Rd Peoria, AZ.
What is the asking price?
The asking price for this property is $29,922,270.
What are key features of this property?
This property features: Amkor Technology, a $7B public company, is under contract to purchase land and build a $2B advanced packaging facility, creating ~2,000 jobs.; American Leadership Academy is constructing a 2,400-student K-12 charter school, opening Fall 2025, including sports fields and a joint-use neighborhood park.; Vistancia Point will feature a new 123,722 SF Fry's Marketplace, opening November 6, 2024, plus 33,300 SF of additional retail and a 20-pump gas station.
