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    OFF-MARKET
    Land

    0 Swc Of Scenic St & Royal Palm Dr, Apache Junction, AZ 85119

    5 ac lot
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Land
    Lot 5 ac (217,800 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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