52 Meridian Dr, Apache Junction, AZ 85120
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.