Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Nwc Of Camelback Rd & Citrus Rd Litchfield Park, AZ 85395

    • Land
    • 3.60 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Nwc Of Camelback Rd & Citrus Rd

    Lot size
    3.60 lot acres
    Property type
    Land

    Description

    This exceptional 3.6-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Goodyear, Arizona market. Strategically located at the Northwest corner of Camelback Road and Citrus Road, this property benefits from exceptional access to major transportation arteries. Loop 303 is less than two miles east, and Interstate 10 is conveniently located three miles south, ensuring seamless connectivity throughout the region. The site is surrounded by significant residential development, including 766 residential units currently under construction immediately to the east, creating a robust and expanding consumer base. Furthermore, the area is experiencing substantial industrial growth, with several million square feet of industrial buildings planned or under construction just 1.5 miles east. This industrial expansion is projected to generate over 4,000 jobs, further bolstering the area's economic vitality and creating a strong demand for commercial services. The property's location within Maricopa County, Arizona, and its proximity to established residential and industrial sectors make it an ideal location for a variety of commercial ventures. The property is zoned for commercial use (specific zoning information available upon request). This is a rare opportunity to acquire a sizable parcel of land in a high-growth area with excellent infrastructure and strong future prospects. Contact us today for pricing and to discuss this exciting opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Litchfield Park
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.444
    Latitude
    33.5082

    Comparable in this City

    • Value Estimation by Request
      1,200.00 Acres

      Nwc & Swc I-10 & I-8

      Mixed-use properties • 1,200.00 Acres
      0 Nwc & Swc I-10 & I-8, Goodyear, AZ 85395
      View Details
    • Value Estimation by Request
      1.02 Acres

      Litchfield Rd & Mcdowell Rd

      Land • 1.02 Acres
      0 Litchfield Rd & Mcdowell Rd, Goodyear, AZ 85395
      View Details
    • Value Estimation by Request
      22,100 SF

      & I-10 Bullard Ave

      Land • 22,100 SF
      & I-10 Bullard Ave, Goodyear, AZ 85395
      View Details
    • Value Estimation by Request
      80.00 Acres

      45XXX 115 Ave

      Land • 80.00 Acres
      45XXX 115 Ave, Goodyear, AZ 85395
      View Details
    • Value Estimation by Request
      5.42 Acres

      Goodyear, AZ 85395

      COMMERCIAL (GENERAL) • 5.42 Acres
      Goodyear, AZ 85395
      View Details
    • Value Estimation by Request

      Goodyear, AZ 85395

      COMMERCIAL (GENERAL)
      Goodyear, AZ 85395
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.02 Acres

      Goodyear Commercial Land - 1.02 Acres

      Prime Goodyear location, C-2 PAD zoning, high growth area.
      0 Litchfield Rd & Mcdowell Rd, Goodyear, AZ 85395
      View Details
    • $34,500,000
      1,200.00 Acres

      I-8 & I-10 Interchange Land

      1,200 Acres, Mixed-Use Development
      0 Nwc & Swc I-10 & I-8, Goodyear, AZ 85395
      View Details
    • $1,100,000
      80.00 Acres

      Goodyear AZ Land: 80 Acres

      Prime 80-acre residential development opportunity in Goodyear, AZ.
      45XXX 115 Ave, Goodyear, AZ 85395
      View Details
    • Contact for pricing
      14 SF

      Camelback Road Land Available

      Approximately 14.3 acres of commercial land in Goodyear, Arizona.
      4923 N 152Nd Ave, Goodyear, AZ 85395
      View Details
    • Contact for pricing
      6 SF

      Goodyear Land Parcel Available

      6.15 acres of land suitable for various developments.
      2382 N Litchfield Rd, Goodyear, AZ 85395
      View Details
    • Contact for pricing
      1,329,016 SF

      High-Visibility Land in Goodyear

      Land opportunity in a thriving retail and entertainment corridor.
      Sec Mcdowell Rd & Sarival Ave, Goodyear, AZ 85395
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,000 SF

      Palm Valley Cornerstone Retail Pad

      Goodyear, AZ: Prime Retail Opportunity
      1520 Dysart Rd, Goodyear, AZ 85395
      View Details
    • Contact for pricing
      22,100 SF

      Goodyear Retail Center - I-10 Access

      High-traffic retail space, flexible layouts.
      & I-10 Bullard Ave, Goodyear, AZ 85395
      View Details
    • Contact for pricing

      Goodyear Land for Lease

      Commercial land available for lease in a major retail corridor.
      14950 W Mcdowell Rd, Goodyear, AZ 85395
      View Details
    • Contact for pricing

      Prime Commercial Land For Rent

      Commercial land for rent near Harkins Theatre and Life Time Fitness.
      14621 W Mcdowell Rd, Goodyear, AZ 85395
      View Details
    • Contact for pricing

      Prime Commercial Land For Lease

      Commercial land available near Harkins Theatre, Life Time Fitness, and more.
      14533 W Mcdowell Rd, Goodyear, AZ 85395
      View Details
    • Contact for pricing

      Prime Commercial Land For Rent

      Commercial land near Harkins Theatre, Life Time Fitness, and more.
      14661 W Mcdowell Rd, Goodyear, AZ 85395
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Nwc Of Camelback Rd & Citrus Rd
    Litchfield Park, AZ 85395
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.