1528 Old West Hwy, Apache Junction, AZ 85119
This exceptional 11.01-acre commercial land parcel is located at the hard corner intersection of Old West Highway and Tomahawk Road in Apache Junction, Arizona. Zoned B-1, this property offers unparalleled access and visibility, situated approximately one mile north of the US-60 Superstition Freeway. Priced at $4,795,956 ($10 per square foot), this site presents a significant development opportunity. The property benefits from readily available utilities including water, sewer, power, and gas. Adding to its appeal, adjacent construction of the Residences at Apache Trail, a 201-unit build-for-rent community, is slated for completion in Fall 2025, further enhancing the property's value and surrounding infrastructure. The seller is offering a purchase price reduction to offset any floodplain mitigation costs. This prime location and advantageous features make this an exceptional investment opportunity in a thriving area. The property's APN is 102-02-001D. This is a rare chance to acquire a substantial commercial parcel in a rapidly developing area of Apache Junction, Pinal County, Arizona, zip code 85119.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.