Loop 202 & Baseline Rd Avondale, AZ 85339
- Land
- 20.90 lot acres
Current Use by Public Records
- Land
Property Details for 0 Loop 202 & Baseline Rd
- Lot size
- 20.90 lot acres
- Property type
- Land
Description
This exceptional 20.9-acre commercial land parcel presents a unique investment opportunity in Laveen, Arizona. Strategically located at the southwest corner of Loop 202 and Baseline Road, this site boasts unparalleled visibility and accessibility, with nearly 146,000 vehicles passing daily. The C-2 HGT/WVR DNS/WVR zoning permits multifamily development, utilizing pre-approved site plans and elevations, making this a turnkey project. The property's prime location offers immediate proximity to thriving retail centers, including Sprouts, T.J. Maxx, Michaels, ALDI, and a planned Harkins Theatres, ensuring high consumer traffic and strong demand. Further enhancing its value, Banner Health's recent land acquisition nearby suggests the potential for a new hospital campus, driving further population growth and economic activity. The area's robust demographics include over 200,000 employees within a 10-mile radius and a median household income exceeding $76,000, indicating a strong consumer base. Future development plans for retail and employment in the immediate vicinity will further increase daytime employment and fuel the demand for housing, solidifying this land's long-term investment potential. The limited availability of future multifamily zoning creates a strong barrier to entry, making this a rare and highly desirable opportunity. The property's address is S/SWC Loop 202 & Baseline Rd, Laveen, AZ 85339.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Avondale
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.286
- Latitude
- 33.2761
