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Property profile & analytics
OFF-MARKET
Land

0 227Th Ave Wittmann, AZ 85361

40 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 40 ac (1,742,400 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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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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