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    Land

    MC85 Hwy & Rooks Rd, Buckeye, AZ 85326

    27.88 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 27.88-acre commercial and industrial land parcel is strategically located at the northeast corner of West MC-85 Hwy and South Rooks Road in Buckeye, Arizona. The property boasts 1,038 linear feet of frontage on MC-85 Hwy, which recorded 4,008 vehicles per day (VPD) in 2019. Its prime location offers easy access to major transportation arteries, including Interstate 10 and a full diamond interchange just one mile away. Downtown Buckeye, with 7,965 VPD in 2019, is also just a mile from the property. The land is zoned C-2, Buckeye, permitting retail, employment, and entertainment uses. This presents a unique opportunity for developers seeking to capitalize on the area's rapid growth. The property is surrounded by a mix of commercial, multi-family, single-family, and industrial developments, including the future KORE Power Gigafactory, a significant lithium-ion battery manufacturing facility expected to create thousands of jobs. This location offers a short one-minute drive to downtown Buckeye's amenities and a convenient 30-minute commute to central Phoenix. Phoenix Sky Harbor Airport is approximately 40 miles away. The asking price is $11,879,453. The property's APN is 400-32-001X. Adjacent parcels are available for purchase, potentially expanding the total acreage to 62.84 acres. This presents a compelling investment opportunity in a thriving Arizona market.

    Property profile
    Verified
    Property type Land
    Lot 27.88 ac (1,214,453 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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