Property profile

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

OFF-MARKET
Land
5 ac lot
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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

Location

Swc Of Scenic St & Royal Palm Dr Apache Junction, AZ 85119
Apache Junction metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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