Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    3028 271St Ave Buckeye, AZ 85326

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3028 271St Ave Buckeye, AZ 85326

    View on Map
    • Land
    • 49.49 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3028 271St Ave

    Lot size
    49.49 lot acres
    Property type
    Land

    Description

    This exceptional 49.49-acre commercial land parcel in Buckeye, Arizona, presents a compelling investment opportunity. Located in Maricopa County (APN: 504-28-017A, 504-28-017B, 504-28-009N, 504-28-009M), this property is zoned Rural-43 and offers significant potential. The asking price is $5,389,461, translating to $2.50 per square foot. A key feature is the approved processing facility plan encompassing 29.88 acres, suitable for asphalt and ready-mix batch plants. The property boasts extensive mining rights, a strategic location near major transportation arteries including I-10 and MC-85 (approximately 1 mile to the interchange), and convenient access points. Its proximity to Southern California (approximately a 5-hour drive) further enhances its appeal. Currently unannexed land in Maricopa County, the property is designated for business commerce in the Buckeye General Plan. Minor amendments to the General Plan and annexation into the city of Buckeye would be required for changes in land use. Importantly, parcels 504-28-017A and 504-28-017B possess a mining exemption certificate for aggregate processing. The property's location within an Opportunity Zone adds another layer of investment attractiveness, promising long-term appreciation given Buckeye's rapid growth. This is a rare opportunity to acquire a large-scale commercial land parcel with diverse development potential in a thriving Arizona market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Buckeye
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.634
    Latitude
    33.3521

    Comparable in this City

    • Value Estimation by Request
      0.45 Acres

      711 Beloat Rd

      Land • 0.45 Acres
      711 Beloat Rd, Buckeye, AZ 85326
      View Details
    • Value Estimation by Request

      6143 Johnson Rd

      Farms
      6143 Johnson Rd, Buckeye, AZ 85326
      View Details
    • Value Estimation by Request
      538.00 Acres

      Old Us 80

      Land • 538.00 Acres
      0 Old Us 80, Buckeye, AZ 85326
      View Details
    • Value Estimation by Request
      1.71 Acres

      Sec Jackrabbit Trl & Roosevelt Rd

      Land • 1.71 Acres
      0 Sec Jackrabbit Trl & Roosevelt Rd, Buckeye, AZ 85326
      View Details
    • Value Estimation by Request
      17.42 Acres

      Miller Rd

      Land • 17.42 Acres
      0 Miller Rd, Buckeye, AZ 85326
      View Details
    • Value Estimation by Request
      18.21 Acres

      29500 Baseline Rd

      Farms • 18.21 Acres
      29500 Baseline Rd, Buckeye, AZ 85326
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      17.42 Acres

      Prime Buckeye Industrial Land

      17.42 Acres, Ideal Commercial/Industrial Use
      0 Miller Rd, Buckeye, AZ 85326
      View Details
    • Contact for pricing

      Land Parcel in Growing Buckeye

      Land parcel with planned road extension in rapidly growing Buckeye.
      Sec Jackrabbit Trl & Roosevelt Rd, Buckeye, AZ 85326
      View Details
    • $79,900
      4.01 Acres

      4 Acres in Tech Corridor

      4-acre lot near high-growth developments in Buckeye, Arizona.
      319XX W Glenrosa Ave, Buckeye, AZ 85326
      View Details
    • $79,900
      Pending

      Buckeye, AZ Land Parcel

      4-acre parcel near Tartesso community and future developments.
      319XX W Glenrosa Ave, Buckeye, AZ 85326
      View Details
    • $99,500

      Acre of Land in Buckeye

      One acre of land with easy freeway access in Buckeye.
      111 S 305Th Ave, Buckeye, AZ 85326
      View Details
    • $79,900

      2.25 Acre Parcel with Views

      Large parcel near future Loop 303 and I-11.
      2241X S Alamo Rd, Buckeye, AZ 85326
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land Available For Lease/Sale

      Land available for lease or sale in Buckeye, Arizona.
      Miller Rd & Lower Buckeye Rd, Buckeye, AZ 85326
      View Details
    • Contact for pricing

      Buckeye Land with I-10 Access

      Land with I-10 access in Arizona Opportunity Zone.
      Durango St, Buckeye, AZ 85326
      View Details
    • Contact for pricing

      Buckeye Land for Lease

      Land available for lease in Buckeye, Arizona.
      243 N Pima Rd, Buckeye, AZ 85326
      View Details
    • Contact for pricing

      Buckeye Land Pad Available

      18,750 SF pad site in Buckeye, Arizona for lease.
      2Nd St, Buckeye, AZ 85326
      View Details
    • Contact for pricing

      30-Acre Industrial Land Parcel

      30-acre industrial land for lease in West Valley growth corridor.
      23292 W Lower River Rd, Buckeye, AZ 85326
      View Details
    • Contact for pricing

      Buckeye Industrial Land for Lease

      76.1 acre industrial land with I-10 access.
      85326 Usa, Buckeye, AZ 85326
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3028 271St Ave
    Buckeye, AZ 85326
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3028 271St Ave, Buckeye, AZ, 85326
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!