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    7841 Thunderbird Rd Peoria, AZ 85381

    Sponsored
    For Sale
    $4,700,000

    Prime Peoria location, 4.39 acres, C-2 zoned.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.39-acre commercial land parcel, located at 7841 W Thunderbird Rd in Peoria, Arizona (Maricopa County, zip code 85381), presents a remarkable development opportunity. The property boasts a highly desirable signaled corner location with approximately 251 feet of frontage on West Thunderbird Road, offering excellent visibility and accessibility. Zoned C-2, this flat, graded lot is ready for immediate development and is suitable for a variety of uses, including medical offices, retail establishments, quick-service restaurants (QSR), general office space, or multifamily housing. The asking price is $4,700,000, translating to a land value of $41 per square foot. Utilities are conveniently located nearby, simplifying infrastructure connections. Its prime location offers easy access to major freeways, enhancing its appeal and potential for significant return on investment. The property is offered fee simple with APN 200-78-003-N. This is a rare opportunity to acquire a well-positioned, sizable commercial lot in a thriving Arizona market. Bring your offers and capitalize on this exceptional investment prospect.

    Property Features for 7841 Thunderbird Rd

    General Information

    Property type
    Land
    Lot Size
    191,228 SF

    HighLights

    • Excellent freeway proximity.
    • Flexible zoning for diverse uses.
    • Ready‑to‑build site with utilities available.
    • Competitively priced; offers encouraged.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.22825883497
    Latitude
    33.610236006066

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    FAQs

    What type of property is this?
    Land - Prime Peoria location, 4.39 acres, C-2 zoned.
    Where is this land located?
    The property is located at 7841 Thunderbird Rd Peoria, AZ.
    What is the asking price?
    The asking price for this property is $4,700,000.
    What are key features of this property?
    This property features: Excellent freeway proximity.; Flexible zoning for diverse uses.; Ready-to-build site with utilities available.
    Request Owner's contact information
    7841 Thunderbird Rd Peoria, AZ 85381
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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
    7841 Thunderbird Rd Peoria, AZ 85381
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