Property profile

27603 33Rd Ave Phoenix, AZ 85083

OFF-MARKET
Land
9.62 ac lot
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Property summary

AI-generated overview

This exceptional 9.62-acre commercial land parcel in Phoenix, Arizona, presents a unique investment opportunity. Located at 27603 N 33rd Ave, Phoenix, AZ 85083, this property boasts easy paved road access and readily available utilities. Its strategic location offers proximity to shopping centers, schools, and essential services, making it highly attractive for various development projects. The land is zoned S-1 and enjoys stunning mountain views and natural vegetation. The property's advantageous position near the new Taiwan Semiconductor manufacturing plant and convenient access to major freeways (I-17, 101, and 303) further enhances its appeal. This almost 10-acre site, comprised of two parcels (APN 205-02-009A and 011A), is ideal for a large-scale development. The land is suitable for creating a single expansive estate or can be subdivided into multiple single-family residential lots. Nearby residential zoning densities range from R1-10 and R1-18 to R43, indicating a variety of potential development options. The asking price for both parcels is $3,000,000. This represents a significant bulk discount compared to purchasing the parcels individually (MLS #6443018 and 6443021). Don't miss this chance to acquire a substantial piece of land in a rapidly growing area of Phoenix.

Property profile

Verified
Property type Land
Lot 9.62 ac (419,047 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

27603 33Rd Ave Phoenix, AZ 85083
Phoenix metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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