2900 Sonoran Desert Dr, Phoenix, AZ 85085
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.
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.