0 73Rd Ave, Peoria, AZ 85383
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.