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    OFF-MARKET
    Land

    0 27Th Ave, Phoenix, AZ 85085

    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.21-acre commercial land parcel is ideally situated in Phoenix, Arizona, at the intersection of North 27th Avenue and West Jomax Road (APN: 205-04-021C). Zoned S-1, this level lot boasts approximately 330 feet of frontage on North 27th Avenue. The property enjoys convenient access to major transportation arteries, including Interstate 17, Loop 101, and Loop 303 freeways, providing seamless connectivity throughout the Phoenix metropolitan area. The area is experiencing significant growth, with a mix of residential and commercial properties surrounding the site. Nearby amenities include a recently opened Frye's Food and Drug anchored retail center featuring popular national chains such as Chick-fil-A and McDonald's. Furthermore, the property benefits from its proximity to substantial employers, including USAA Insurance, WL Gore & Associates, John C. Lincoln Hospital, Scottsdale Healthcare Hospital, the Phoenix FBI Field Office, American Express, Deer Valley Airport, and the Central Arizona Project headquarters. The burgeoning Deer Valley and Happy Valley Town Centers, offering diverse dining, shopping, and entertainment options, are also within minutes. A significant development, the Taiwan Semiconductor Manufacturing Company, is located just 10 minutes away. Water and sewer utilities are available on North 27th Avenue. While all utility locations, access, and treatment capacity should be verified by the buyer during due diligence, the seller will provide qualified buyers with reasonable time to pursue necessary entitlements. The average household income within a 1-mile and 3-mile radius is $122,000 and $114,000, respectively, indicating a strong market for development.

    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
    Current use
    Occupant on record · Public records
    • Lil' Paws Learning Center Training Center Tutoring Service
    • PROformance Vend USA Big Box & Wholesale Store
    • Reynolds Electric Electrical Service General Contractor
    • N 27 Auto & Tire Repair Auto Repair Shop
    • JenBu LLC Used Cars Dealership Car Dealership
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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