16235 68Th Dr Peoria, AZ 85382

Exceptional opportunity to acquire a 4.75-acre commercial land parcel in Peoria, Arizona, ideally situated near the Arrowhead Towne Center. This highly desirable location boasts exceptional demographics, with an average household income of $87,000 annually. The property is zoned and approved for a 64-unit townhome development, with all necessary construction documents and plans already approved and ready for permitting. This significantly reduces development time and risk, presenting a streamlined path to construction. The site's proximity to the Arrowhead Towne Center, a consistently top-performing mall in Arizona, ensures high visibility and strong potential for rental demand. Located at 16235 N 68th Dr, Peoria, AZ 85382, in Maricopa County, this 4.75-acre parcel presents a compelling investment opportunity for developers seeking a turnkey project in a thriving market. The asking price for this exceptional property is $2,700,000. Don't miss this chance to capitalize on this prime location and well-prepared development opportunity.