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    OFF-MARKET
    Land

    0 73Rd Ave, Peoria, AZ 85383

    5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5-acre commercial land parcel in Peoria, Arizona, presents a unique investment opportunity. Located in a highly desirable area near Happy Valley Road, this property boasts stunning mountain views and is surrounded by million-dollar homes, offering significant development potential. The R-43 zoning allows for a variety of uses, and the parcel has the potential to be subdivided into five individual lots, maximizing its value. The property's convenient location provides quick access to numerous amenities in the North Valley, including Lake Pleasant (23 minutes), Thunderbird Conservation Park (8 minutes), and Westgate (20 minutes). The address is 0 N 73rd Avenue, Peoria, AZ 85383, with a Maricopa County APN of 201-13-048. The asking price is $2,000,000, translating to $400,000 per acre. This represents a compelling opportunity to acquire a prime piece of land in a thriving community, offering both immediate and long-term investment potential. The lot size falls within the 5-9.99 acre range. This property offers the best of both worlds – a tranquil setting with easy access to urban conveniences.

    Property profile
    Verified
    Property type Land
    Lot 5 ac (217,800 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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