Property summary
This exceptional 5-acre commercial lot in Phoenix, Arizona, presents a unique development opportunity. Located at 2900 W Sonoran Desert Dr, 85085, in Maricopa County, this property boasts a C-2 zoning designation, allowing for a wide range of commercial uses. All off-site improvements are slated for completion in the second quarter of 2024, streamlining the development process. The property is approved for commercial development, including drive-thru facilities, and permits for on-site improvements are readily available. This versatile parcel offers the flexibility to purchase, lease, or build-to-suit, catering to diverse business needs. The parcel's size and zoning make it ideal for a variety of commercial ventures. Its strategic location in Phoenix provides excellent access to transportation networks and a thriving business community. The property's APN is 204-11-012. This is a rare opportunity to acquire a prime commercial land parcel in a rapidly growing area, poised for significant future appreciation. Don't miss this chance to secure a foothold in Phoenix's dynamic commercial landscape.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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