Property profile

52 Meridian Dr Apache Junction, AZ 85120

OFF-MARKET
Retail properties & Spaces
1,144 SF Built 1970
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Property summary

AI-generated overview

This exceptional single-tenant retail property, located at 52 N Meridian Dr in Apache Junction, Arizona, presents a compelling investment opportunity. The 1,144 square foot building sits on a lot ranging from 0.81 to 1.36 acres, offering ample space for various commercial uses. Built in 1970, the property boasts a prominent location at the northwest corner of W Apache Trail and S Meridian Rd, ensuring high visibility and accessibility. The zoning designation is R-5/C-1, Maricopa County Island, providing flexibility for a range of commercial ventures. The property's total building square footage matches its land square footage at 1,144 square feet. The address is 52 N Meridian Dr, Apache Junction, AZ 85120, within the Apache Junction submarket of Maricopa County. The property's Assessed Parcel Number (APN) is 220-65-003U. This well-situated retail space offers significant potential for growth and return on investment. Its strategic location and ample space make it an ideal choice for entrepreneurs seeking a thriving commercial presence in the heart of Apache Junction. The property's frontage is on N Meridian Rd, providing excellent street visibility. This is a rare opportunity to acquire a well-positioned retail property in a growing market.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1970
Total area 1,144 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

52 Meridian Dr Apache Junction, AZ 85120
Apache Junction metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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