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Property profile & analytics
OFF-MARKET
Land

0 Swc Southern Ave & Signal Butte Rd Phoenix, AZ 85027

Property ID
Property summary
AI-generated overview

This exceptional 25,296 square foot commercial land parcel, zoned LC and PAD, presents a remarkable investment opportunity in Mesa, Arizona. Located at the southwest corner of Southern Avenue and Signal Butte Road, this property is part of the Mountain Vista Mixed-Use Development, a thriving area experiencing significant growth. The site benefits from its proximity to established retail centers, including the recently opened Sprouts shopping center, attracting over 38,000 monthly visitors, and the Shoppes at Parkwood Ranch, drawing over 63,000 monthly visitors. This high-traffic location is further enhanced by a robust population base of approximately 95,085 residents within a three-mile radius, projected to grow by 0.2% by 2028. The larger Mountain Vista development encompasses over 130,000 square feet of commercial space and includes a planned four-story hotel and a 300-unit residential community. This prime location offers unparalleled visibility and access to a dense consumer base, making it ideal for a variety of commercial ventures. The asking price for this strategically positioned lot is $714,612. This represents a unique chance to capitalize on the continued expansion and success of the Mountain Vista Mixed-Use Development. The property offers excellent frontage on Southern Avenue, providing exceptional visibility and accessibility. Don't miss this opportunity to secure a piece of this thriving commercial landscape.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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