Property summary
This exceptional 5-acre commercial land parcel presents a remarkable investment opportunity in the heart of Apache Junction, Arizona. Situated at the southwest corner of Scenic Street and Royal Palm Drive (APN: 101-19-0170, 010A, 010B), this contiguous tract is ideally positioned within the city's burgeoning downtown core. The property is priced at $1,100,000, translating to $5.05 per square foot. Its strategic location benefits from proximity to existing and under-construction developments, creating a vibrant and dynamic environment. The land is zoned RS-GR, and the General Plan designates it for Downtown Mixed Use (B-3, RM-1, RM-2, RM-3, RS-4), allowing for a wide range of development possibilities, including high-density residential uses. Utilities are readily accessible, with a detailed utility map available upon request. This prime location and flexible zoning make this property an exceptional opportunity for developers seeking to capitalize on Apache Junction's growth trajectory. The property's size and location offer significant potential for a variety of commercial and residential projects, making it a highly attractive investment. Don't miss this chance to acquire a substantial piece of land in a rapidly developing area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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