83rd Ave & Thomas Rd Phoenix, AZ 85037
This exceptional Phoenix retail opportunity presents two divisible pads ideally situated at the highly visible intersection of 83rd Avenue and Thomas Road in Maricopa County, Arizona. The property boasts a total of approximately 2.91 acres of land, offering significant flexibility for various commercial uses. One pad encompasses approximately 1.27 acres, while the second offers approximately 1.64 acres, allowing for development tailored to specific business needs. Both pads are available for ground lease or build-to-suit arrangements, providing potential tenants with options to customize their space. The property's location within a thriving commercial area ensures high visibility and accessibility, making it an attractive proposition for a wide range of retail businesses, including restaurants, car washes, and other commercial ventures. The zip code is 85037. This prime location offers excellent access to major transportation routes and a dense population base, promising strong potential for return on investment. The property is classified as retail, with multiple tenancy options. The site is zoned for commercial use, allowing for a variety of development possibilities. This is a rare opportunity to secure a prominent location in a rapidly growing area of Phoenix. Serious inquiries are encouraged to explore the possibilities of this exceptional property.
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.