0 Carefree Hwy Phoenix, AZ 85086
This exceptional 3.96-acre commercial land parcel in Phoenix, Arizona, presents a unique investment opportunity. Located at 0 E Carefree Hwy, with APN 211-74-003, this property boasts breathtaking mountain views and significant frontage on Carefree Highway, ensuring high visibility and accessibility. Zoned R-43, the land offers considerable flexibility for development, accommodating various projects, including multiple residential homes, a single large estate, or a commercial venture. The asking price is $1,746,000, translating to approximately $440,909.09 per acre. The property's size is substantial, with an approximate total square footage of 172,541. Situated in Maricopa County, with a Phoenix, AZ 85086 zip code, this location provides convenient access to major transportation routes and amenities. The property's versatility and prime location make it an ideal investment for discerning buyers seeking a high-impact development opportunity in a desirable area. This is a rare chance to acquire a large, well-positioned parcel with significant potential for future growth and return. Don't miss this chance to secure this exceptional piece of land.
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.