0 Swc Of Scenic St & Royal Palm Dr, Apache Junction, AZ 85119
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.