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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

59th Ave & Elliot Rd Laveen, AZ 85339

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial retail opportunity presents a prime 1-7.5 acre pad site ideally situated at the intersection of 59th Avenue and Elliot Road in Laveen, Arizona, zip code 85339. The property boasts a C-1 Commercial zoning designation, making it perfectly suited for quick-service restaurants (QSR) and other fast-food establishments. Its strategic location directly benefits from the high visibility and accessibility afforded by its placement on the Elliot Road off-ramp of the newly constructed Loop 202 South Mountain Freeway. This ensures significant exposure to a large and growing customer base. The property's immediate vicinity is experiencing substantial residential growth, with over 4,000 homes either currently under construction or planned within a one-mile radius. Further enhancing its appeal, a development of 249 Class A single-family rental homes is planned directly adjacent to the parcel. This presents a unique opportunity to capitalize on a burgeoning residential market and establish a thriving business in a high-demand location. The property is the first privately held corner lot on the north side of Elliot Road, with the Arizona Department of Transportation owning the land between the parcel and the freeway. This ensures unobstructed access and visibility for potential businesses. This is a rare opportunity to secure a highly visible and strategically located commercial pad in a rapidly expanding area.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1 ac (43,560 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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