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    107th Ave & Broadway Rd Mesa, AZ 85208

    Sponsored
    For Sale
    Contact for pricing

    Prime Avondale retail development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9.75-acre commercial land parcel presents a remarkable investment opportunity in the thriving Southwest Valley of Arizona. Located at the northwest corner of 107th Avenue and Broadway Road in Avondale, this hard-corner site boasts a prominent section line location. The property is identified by APN 101-24-004D and is zoned PAD, making it ideally suited for a variety of retail developments. Its strategic position is further enhanced by its proximity to burgeoning residential areas, ensuring a strong and growing customer base. The site's ample acreage allows for the development of major retail shops, mini-major shops, or multiple pad sites, catering to a wide range of retail concepts. This location offers unparalleled visibility and accessibility, making it an exceptional choice for businesses seeking to establish a significant presence in this rapidly expanding market. The property is situated in Maricopa County, Arizona, with a zip code of 85208. The coordinates are 33.4078279 latitude and -111.599899 longitude. This is a rare opportunity to acquire a large, well-located parcel in a high-growth area. Don't miss out on this chance to capitalize on the booming Southwest Valley market.

    Property Features for 107th Ave & Broadway Rd

    General Information

    Property type
    Land
    Lot Size
    424,710 SF

    HighLights

    • High‑visibility hard corner lot.
    • Excellent location surrounded by new residential development.
    • Situated in the rapidly growing Southwest Valley market.
    • Ideal site for large or small retail shops and/or pad buildings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.599899
    Latitude
    33.4078279

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    FAQs

    What type of property is this?
    Land - Prime Avondale retail development opportunity.
    Where is this land located?
    The property is located at 107th Ave & Broadway Rd Mesa, AZ.
    What are key features of this property?
    This property features: High-visibility hard corner lot.; Excellent location surrounded by new residential development.; Situated in the rapidly growing Southwest Valley market.
    (602) 224-4437
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    107th Ave & Broadway Rd Mesa, AZ 85208
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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
    107th Ave & Broadway Rd Mesa, AZ 85208
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