51st Ave & Southern Ave Phoenix, AZ 85339
- Retail properties
- 3.45 lot acres
Current Use by Public Records
- Retail properties
Property Details for 51st Ave & Southern Ave
- Lot size
- 3.45 lot acres
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 3.45-acre parcel of land presents a compelling development opportunity in Phoenix, Arizona. Located at the intersection of 51st Avenue and Southern Avenue, this C-2 zoned property boasts a highly desirable location with exceptional visibility and accessibility. The site benefits from an average daily traffic count exceeding 49,000 vehicles, ensuring significant exposure for any development. Furthermore, the surrounding area demonstrates strong demographics, with average household incomes exceeding $130,000 within a one-mile radius. This infill location is strategically positioned adjacent to two recently constructed multi-family developments, indicating a thriving and growing community. The property's convenient access to the new Loop 202 freeway provides seamless connectivity throughout the Phoenix metropolitan area. Permitted uses include QSR/Fast Food, Restaurant, and Storefront establishments, making this a versatile site for a variety of commercial ventures. The property's APN is 104-74-659B, and it is situated in Maricopa County, Arizona, with a zip code of 85339. This prime location and zoning make this a rare and valuable opportunity for investors seeking high-impact development projects.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.168
- Latitude
- 33.3924
