755 Honda Bow Rd Phoenix, AZ 85086
This exceptional 7.11-acre parcel presents a unique investment opportunity in the rapidly growing New River area of Phoenix, Arizona. The property, comprised of three contiguous parcels (APN: 211-22-498, 211-22-012A, 211-22-012C), is zoned RU-43, offering significant development potential. Conveniently located off W Honda Bow Rd, it enjoys excellent accessibility, being less than four miles east of I-17 and just five miles north of E Carefree Hwy. The land sits north of Anthem, benefiting from its proximity to established communities and amenities. While offering substantial acreage for various residential projects, prospective buyers should note a deed restriction limiting construction within the designated floodway area. This restriction is clearly defined within the property's legal documentation. The property's location in Maricopa County, Arizona, with a Phoenix address and 85086 zip code (latitude 33.8711395, longitude -112.0839004), provides a strategic advantage for investors seeking land in a high-growth corridor. Detailed zoning information and floodway boundaries are readily available upon request. This is an ideal opportunity for developers seeking a substantial land holding in a desirable location.
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.
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.