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OFF-MARKET
Specialty properties

31906 Camelback Rd Buckeye, AZ 85396

29,760 SF 521 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 29,760 square foot industrial property situated on a substantial 521-acre lot in Buckeye, Arizona. The property, located at 31906 W Camelback Rd, 85396, features a single tenant, credit-rated Holcim US, the world's largest cement producer. The lease is a NNN (Net, Net, Net) structure, providing guaranteed income with annual rent and royalty increases built into the agreement. The property boasts a strong 8.00% cap rate and a significant net operating income (NOI) of $1,952,468, with an asking price of $24,405,850. The tenant, Pioneer Landscaping Materials, Inc., a leading distributor of bulk landscape and hardscape materials, operates a block plant on the site, leveraging the quarry's high-grade materials. This prime location benefits from significant growth in the West Valley of Phoenix, including substantial residential development (approximately 4,877 active and 89,840 future units within the immediate trade area) and proximity to major infrastructure projects, including Interstate 11. The property's APN is 504-03-011A, 504-03-011B, 504-08-196B, and 504-08-198C. Maricopa County's rapid growth and Phoenix's position as a leading industrial market further enhance the investment potential. This offering represents a secure, high-yield investment in a thriving region.

Property profile
Verified
Property type Specialty properties
Total area 29,760 SF
Lot 521 ac (22,694,760 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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