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Carefree Highway Development Opportunity
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CAREFREE HIGHWAY, Phoenix, AZ 85086

12.47-acre self-storage and flex showroom development site for sale.

Property SizeContact for details
Lot Size12.47 Acres
Days on Market935

Property Features for CAREFREE HIGHWAY

General Information

Standard status Active
Lot size 12.47 Acres
Property subtype Land, Mixed Use, Self Storage
Zoning RU-43 with SUP
Listing Agency: RE/MAX Excalibur
Listed By: Douglas daCosta · License #BR042872000
Source: Crexi
Added: Feb 20, 2024 Changed: Aug 13 Last Checked: Sep 12 at 5:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Excalibur

Investment Insights

Based on property information with market context.

This 12.47-acre property is a self-storage and flex showroom development site located along the Carefree Highway corridor. The project is professionally designed with visibility, access, and functionality in mind, and includes over 500 drive-up storage units and a dynamic showroom/office component. The property is situated within an unincorporated Maricopa County Island, and benefits from an active zoning case requesting C-2/C-3 commercial entitlements. The project is nearly shovel-ready, allowing a new owner to accelerate timelines and capture near-term market demand. The site is located minutes from the $100 billion Taiwan Semiconductor Manufacturing Company (TSMC) campus, placing it in the path of industrial and residential growth. This project represents an ideal blend of timing, location, and forward-looking demand.

Key Highlights

  • Strategic location near the $100B TSMC campus in a rapidly growing area.
  • Nearly shovel‑ready development site, accelerating project timelines.
  • 12.47‑acre parcel with an active zoning case requesting C‑2/C‑3 commercial entitlements.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Big Box & Wholesale Store Pharmacy Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

228
Businesses Nearby

Demographics for 85086, AZ

43,223
Population
17,213
Households
2.5
Avg Household Size
45
Median Age
42%
College-Educated
97%
High-School Grad
61.3 sq mi
ZIP Area
705
Density / Sq Mi
$118,543
Median Household Income
$62,626
Median Earnings
$2,177
Median Rent
$554,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Phoenix, AZ

6.8% 2019
8.1% 2020
5% 2021
4.4% 2022
8.9% 2023
12.2% 2024
12.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 12.47-acre self-storage and flex showroom development site for sale.
Where is this commercial land located?
The property is located at CAREFREE HIGHWAY Phoenix, AZ.
What is the asking price?
The asking price for this property is $6,518,318.
What are key features of this property?
This property features: Strategic location near the $100B TSMC campus in a rapidly growing area.; Nearly shovel‑ready development site, accelerating project timelines.; 12.47‑acre parcel with an active zoning case requesting C‑2/C‑3 commercial entitlements.
(480) 355-5636 Call to check price and availability
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