16465 Peak Ln Eloy, AZ 85141
- Land
- 75.00 lot acres
Current Use by Public Records
- Land
Property Details for 16465 Peak Ln
- Lot size
- 75.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 75-acre parcel presents a unique investment opportunity in Pinal County, Arizona. Located at 16465 E Peak Ln, Picacho, AZ 85141, this strategically positioned land boasts 720 feet of highway frontage along the Picacho Peak exit, providing unparalleled visibility and accessibility. The property is zoned GR and offers multiple development possibilities, including a hotel, resort, RV park, or manufactured home park. Its prime location at the foothills of Picacho Peak Park offers stunning natural beauty and a desirable setting for various commercial ventures. The site benefits from convenient access to both the thriving Tucson and rapidly expanding Casa Grande markets, with an estimated 55,000 vehicles passing daily on the adjacent highway. Infrastructure is readily available, including water district services, electricity, natural gas, and cable. This property is situated within an Opportunity Zone, presenting additional tax advantages for qualified investors. A second egress to the highway exit enhances accessibility and logistical efficiency. This is a rare chance to acquire a large tract of land with significant development potential in a high-traffic area with established infrastructure and attractive natural surroundings. The asking price is $1,900,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Eloy
- County
- Pinal
- State
- Arizona
- Longitude
- -111.392
- Latitude
- 32.645
