Westward Skies Dr & El Mirage Rd Peoria, AZ 85383
- Land
- 45.80 lot acres
Current Use by Public Records
- Land
Property Details for 0 Westward Skies Dr & El Mirage Rd
- Lot size
- 45.80 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 45.8-acre mixed-use land parcel, located in Peoria, Arizona, presents a compelling investment opportunity. Situated at the intersection of Westward Skies Drive and El Mirage Road, this property boasts a highly desirable PCD | V-MUCC zoning designation, allowing for a diverse range of development options, including office, industrial, and medical spaces. With permitted building heights reaching up to 120 feet, the site offers significant potential for high-density development. The parcel's strategic location within the Vistancia Mixed-Use Commercial Core places it in close proximity to major employers, including Amkor Technology, which is currently in escrow to purchase adjacent land for a substantial new facility, and the soon-to-open American Leadership Academy, a 2,400-student K-12 charter school. The area's thriving business environment, skilled workforce, and modern infrastructure create a favorable climate for development. Further enhancing the property's appeal is the nearby Vistancia Point project, which includes a new Fry's Marketplace and additional retail spaces, scheduled to open in November 2024. The asking price is $29,922,270, with a land value of $15 per square foot. The property's APN is 510-08-953, and it is owned by Vistancia Development LLC. This is a rare opportunity to acquire a large, strategically located parcel in a rapidly growing area of the Phoenix metropolitan area.
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
- Peoria
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.315
- Latitude
- 33.7403
