0 227Th Ave Wittmann, AZ 85361
This exceptional 40-acre commercial land parcel presents a unique investment opportunity in Wittmann, Arizona. Situated at the southwest corner of Yellowbird Lane and 227th Avenue, this property enjoys a strategic location approximately four miles from US-60, providing excellent accessibility. The land is designated for non-residential development, aligning with the rapid growth experienced in the West and Northwest Valley, fueled by major projects from companies like Microsoft and the Howard Hughes Corporation. While approved for various non-residential uses, potential buyers should be aware of certain restrictions, notably the prohibition of residential housing development. The property's proximity to Luke Air Force Base's auxiliary flight zone is another key characteristic. With a total lot size of 40 acres and an asking price of $500,000, this site offers significant potential for developers seeking a foothold in this thriving Arizona market. The property is located in Maricopa County, Arizona, with a zip code of 85361. Detailed information regarding zoning and development restrictions is available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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