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    OFF-MARKET
    Retail properties & Spaces

    52 Meridian Dr, Apache Junction, AZ 85120

    1,144 SF Built 1970
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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