202 Mtn Fwy & Baseline Rd Laveen, AZ 85339
- Lifestyle centers
- 5,096 SF
- 100.00 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 202 Mtn Fwy & Baseline Rd
- Lot size
- 100.00 lot acres
- Property size
- 5,096 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 100-acre development site presents a unique investment opportunity in Laveen, Arizona. Located at the highly trafficked intersection of Loop 202 South Mountain Freeway and Baseline Road, this C-2 zoned property boasts 5,096 square feet of existing retail space. The recently opened Loop 202 South Mountain Freeway, a $1.9 billion, 22-mile, four-lane highway, significantly enhances accessibility and visibility. This strategic location is experiencing explosive residential growth, with over 8,000 planned single-family homes and numerous multi-family units under construction. The area's development is further bolstered by Banner Health's planned new hospital nearby. This site is ideally positioned to capitalize on the surging demand for retail services in this rapidly expanding community. The City of Phoenix has designated this area for large-scale retail development, making this a prime opportunity for significant returns. The strong intersection and high traffic volume make this a compelling investment for developers seeking a high-impact retail project in a booming market. This property offers substantial potential for future development and significant return on investment.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Laveen
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.286
- Latitude
- 33.2761
