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    Watson Rd & Broadway Rd Gilbert, AZ 85236

    Sponsored
    For Sale
    Contact for pricing

    Prime Buckeye location, high-growth area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial land parcel, located at the intersection of Watson Rd and Broadway Rd in Buckeye, Arizona (zip code 85236), presents a unique investment opportunity. The property is zoned CC, City of Buckeye, and offers multiple pad sites ranging from approximately 50,965 square feet to 84,942 square feet, ideal for various commercial developments. The lot size falls within the 1-6 acre range. This strategic location benefits from significant visibility along Watson Rd and Broadway Rd, a major east-west thoroughfare connecting to SR 85. The area is experiencing substantial residential growth, with over 10,000 completed housing units within a 3-mile radius, along with thousands more under construction or planned, including a large Pulte Homes master-planned community directly adjacent. Further enhancing the property's appeal is the planned installation of a fully signalized light at the intersection in 2025, and the proximity to a Fry's Marketplace slated to open in Spring 2025, just 2 miles away. This presents a rare chance to establish a presence in Buckeye's thriving commercial market. The available pad sites offer flexibility for various commercial uses, capitalizing on the area's rapid expansion and strong demographics.

    Property Features for 0 Watson Rd & Broadway Rd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • New traffic signal at intersection, installation in 2025.
    • Strong residential growth within 3 miles: 10,114 existing units, 4,579 under construction, and 12,618 planned, including a 564‑unit Pulte Homes community adjacent to the site.
    • High visibility location in Buckeye, fronting Watson Rd and near major thoroughfare Broadway Rd/SR 85.
    • Fry's Marketplace planned 2 miles away, opening Spring 2025.
    • Pad A: 51,836 SF available.
    • Pad B: 50,965 SF available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.709554
    Latitude
    33.321555

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    FAQs

    What type of property is this?
    Land - Prime Buckeye location, high-growth area.
    Where is this land located?
    The property is located at Watson Rd & Broadway Rd Gilbert, AZ.
    What are key features of this property?
    This property features: New traffic signal at intersection, installation in 2025.; Strong residential growth within 3 miles: 10,114 existing units, 4,579 under construction, and 12,618 planned, including a 564-unit Pulte Homes community adjacent to the site.; High visibility location in Buckeye, fronting Watson Rd and near major thoroughfare Broadway Rd/SR 85.
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    Gilbert, AZ 85236
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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
    Watson Rd & Broadway Rd Gilbert, AZ 85236
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