0 Meridian Rd & Germann Rd Queen Creek, AZ 85140
This exceptional 5-acre commercial land parcel presents a unique investment opportunity in the rapidly expanding Queen Creek, Arizona market. Located at the southwest corner of Meridian Road and Germann Road, this property is zoned PAD and situated within the thriving Fulton Homes – Barney Farms master-planned community, a vibrant area boasting over 1,700 homes. Queen Creek itself is experiencing phenomenal growth, with a population increase of 138% since 2000, underscoring its strong economic potential. The area's strategic location benefits from proximity to major employers, including a substantial 1.3 million square foot Apple facility employing approximately 150 people, and a significant 3 million square foot Facebook campus currently under construction. Furthermore, the future development plans for the Phoenix-Mesa Gateway Airport, encompassing approximately 400 acres, promise to further enhance the area's commercial appeal with a new terminal, gates, and a mixed-use development incorporating retail, office, and other real estate ventures. This prime location offers unparalleled access to a robust and expanding residential base, creating a highly desirable environment for commercial development. The PAD zoning allows for a wide range of commercial uses, making this property an ideal investment for discerning developers and businesses seeking a foothold in one of Arizona's fastest-growing communities. This 5-acre parcel provides ample space for a variety of commercial projects, capitalizing on the area's impressive growth trajectory and strong economic fundamentals.
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.