0 Nnec I-17 & Peoria Phoenix, AZ 85029
This exceptional 54,973 square foot commercial land parcel presents a unique investment opportunity in Phoenix, Arizona. Located at the intersection of I-17 and Peoria, this property boasts convenient access to a major freeway, ensuring high visibility and easy transportation for businesses. The zoning is designated A-1 (Light Industrial), offering flexibility for a variety of commercial uses. The asking price is $725,000. This strategic location benefits from proximity to the Metrocenter Mall, currently undergoing a significant redevelopment into a large mixed-use project. This revitalization is expected to generate increased traffic and enhance the overall value of the surrounding area, including this prime parcel. The property sits within Maricopa County, Arizona, zip code 85029, and is situated in a densely populated area with approximately 390,000 people nearby. This makes it an ideal location for businesses seeking high visibility and access to a substantial consumer base. The expansive lot size provides ample space for development, making it suitable for a range of commercial ventures. Serious inquiries are encouraged to explore the potential of this exceptional property.
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
Similar Nearby for Lease
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.