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    Swc Mcclintock Rd And Apache Blvd Tempe, AZ 85281

    Sponsored
    For Sale
    $11,000,000

    Prime Tempe land, mixed-use potential.

    Property size:
    16,725 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.95-acre redevelopment opportunity in Tempe, Arizona, presents a unique chance to build a thriving mixed-use project. Located at the southwest corner of McClintock Road and Apache Boulevard, this property boasts a prominent location in Maricopa County, within the MU-4 PAD TOD zoning. The site offers 16,725 square feet and is currently priced at $657.70 per square foot for a total asking price of $11,000,000. Plans are approved for a five-story structure, with the potential to expand to seven stories. The property's strategic location along the light rail and within an Opportunity Zone adds significant investment appeal. Seller financing may be available, and site plan approval timelines are considered reasonable. This is an ideal investment for developers seeking a high-impact project in a dynamic and rapidly growing area. The property's Class C designation and mixed-use nature (Commercial and Residential, including Multifamily and Retail components) provide flexibility for a variety of development options. The APN is 133-06-001F. This is a rare chance to acquire a significant parcel in a highly desirable Tempe location.

    Property Features for 0 Swc Mcclintock Rd And Apache Blvd

    General Information

    Property type
    Multifamily properties
    Square Feet
    16,725 SF
    Class
    C
    Lot Size
    84,942 SF

    HighLights

    • Five‑story building approved, with potential for seven stories.
    • Seller financing available.
    • Expeditious site plan approval process.
    • Located in an Opportunity Zone and adjacent to light rail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.90917242853
    Latitude
    33.414607144104

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    FAQs

    What type of property is this?
    Multifamily property - Prime Tempe land, mixed-use potential.
    Where is this multifamily property located?
    The property is located at Swc Mcclintock Rd And Apache Blvd Tempe, AZ.
    What is the asking price?
    The asking price for this property is $11,000,000.
    What are key features of this property?
    This property features: Five-story building approved, with potential for seven stories.; Seller financing available.; Expeditious site plan approval process.
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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
    Swc Mcclintock Rd And Apache Blvd Tempe, AZ 85281
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