Listing Agency: CRE8 Advisors Show Phone

Listed By: Rommie Mojahed · License #AZ SA548861000

Source: Crexi

Added: Jan 11, 2023 Changed: Aug 14 Last Checked: Aug 21 at 7:23AM

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Investment Insights

Based on property information with market context.

This property consists of three parcels totaling 16.13 acres, situated on the northeast corner of Meridian Road and Germann Road. The general plan designates the area for light industrial use. All utilities, curbs, and gutters are available to the site. The property benefits from frontage on Meridian Road and is easily accessible from State Route 24, which now features full diamond access on Meridian Road. Projected traffic counts on Meridian Road are 30,000 cars per day.

Key Highlights

• Hard corner location on the NEC of Meridian & Germann Road.
• 16.13 Acres total across 3 parcels.
• General Plan calls for Light Industrial zoning.

Property Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

51

Businesses Nearby

Explore this area Business Placement

Demographics for 85142, AZ

80,734

Population

27,701

Households

2.9

Avg Household Size

34

Median Age

38%

College-Educated

96%

High-School Grad

101.3 sq mi

ZIP Area

797

Density / Sq Mi

$125,236

Median Household Income

$55,193

Median Earnings

$2,092

Median Rent

$521,300

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - Hard corner land totaling 16.13 acres, ready to be rezoned.

Where is this industrial land located?

The property is located at S Meridian Road & Germann Road Queen Creek, AZ.

What are key features of this property?

This property features: Hard corner location on the NEC of Meridian & Germann Road.; 16.13 Acres total across 3 parcels.; General Plan calls for Light Industrial zoning.