Current Use by Public Records
- Land
Property Details for 215th Ave And Mcdowell Rd
- Property type
- Land
- Property subtype
- Industrial properties
Description
Exceptional 21-acre+ development opportunity in rapidly growing Buckeye, Arizona. This strategically located parcel boasts approved zoning for a variety of uses, including apartments, senior housing, and single-family residences. The site offers direct access to Interstate 10, experiencing high daily traffic volume. Its proximity to a planned 62-acre Banner Health medical campus and community hospital further enhances its appeal. The property benefits from existing sewer and water lines, and the northern portion is situated within a US Treasury Opportunity Zone, providing significant tax advantages. The land's size is highly flexible, ranging from approximately 6.2 acres to over 21 acres, with building height approvals for 3-4 stories. This presents a unique chance to capitalize on Buckeye's explosive growth, fueled by its designation as the nation's second-fastest-growing city and its proximity to the thriving Verrado Victory master-planned community. The site's location near established amenities, including restaurants, retail, and recreational facilities, adds to its desirability. The land is priced at $12 per square foot, offering a compelling investment opportunity in a high-growth market. The potential for significant returns is further amplified by the city's commitment to infrastructure improvements, including a planned Dean Road interchange. This property is ideal for developers seeking a prime location with exceptional potential for growth and profitability. The available water and sewer capacity ensures seamless development.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Buckeye
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.518
- Latitude
- 33.4648
