Us-60 Of Grand Ave Buckeye, AZ 85361
This exceptional 11-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Buckeye, Arizona area. Located in Maricopa County, near Wittman, with a 85361 zip code, the property boasts convenient access to major transportation arteries, situated on 219th Ave, just east of Grand Ave (US-60). The land is comprised of two parcels: approximately 10 acres (APN 503-17-424) and approximately 1 acre (APN 503-17-428). The larger parcel is adjacent to the eastern boundary of a significant 4,000-acre BNSF intermodal railroad facility. The smaller parcel sits adjacent to the northern boundary of the same BNSF property. This strategic location offers unparalleled proximity to a major transportation hub, significantly enhancing its value and potential for development. The property is zoned RU-43, permitting various commercial uses. The asking price is $1,310,000, translating to a land value of $2.73 per square foot. BNSF's recent approval for a General Plan modification by the City of Surprise to allow industrial development on their site further underscores the area's burgeoning industrial growth and the long-term potential of this strategically located land. This presents a compelling investment opportunity for developers seeking proximity to established infrastructure and a thriving industrial sector. The property is approximately one mile east of Apple.
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.