59th Ave & Elliot Rd Laveen, AZ 85339
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.
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.
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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.