0 196Th St Queen Creek, AZ 85142
This 1.67-acre commercial land parcel, located at the intersection of Rittenhouse Rd and 196th St in Queen Creek, Arizona (APN 304-61-032-U), presents a unique development opportunity. Zoned R1-43, the property boasts convenient access to key infrastructure and amenities. Its strategic position offers easy access to the ASU Polytechnic Campus, the future ASU Research Park, Phoenix-Mesa Gateway Airport, and the Pecos Advanced Manufacturing area. A significant advantage is the property's proximity to the Union Pacific Rail Line, providing potential logistical benefits for various commercial ventures. The asking price is $430,000. This property is being offered at a public auction scheduled for March 4, 2024, at 10:00 AM at the FCD admin building. This represents a prime opportunity to acquire commercial land in the rapidly expanding Queen Creek market. The property's size and location make it suitable for a variety of commercial developments, capitalizing on the area's growth and strategic connectivity. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering.
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
Similar Nearby for Sale
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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.