Loop 202 & Baseline Rd Avondale, AZ 85339
- Land
- 20.90 lot acres
Current Use by Public Records
- Land
Property Details for 0 Loop 202 & Baseline Rd
- Lot size
- 20.90 lot acres
- Property type
- Land
Description
This exceptional 20.9-acre land parcel presents a unique investment opportunity in Laveen Village, Arizona. Strategically located at the southwest corner of Loop 202 and Baseline Road, this property boasts unparalleled access to major transportation arteries, experiencing high daily traffic volume of nearly 146,000 vehicles. The C-2 HGT/WVR DNS/WVR zoning allows for multifamily development, with pre-approved site plans and elevations already in place, streamlining the development process. The site's proximity to a full-diamond interchange on Baseline Road ensures excellent visibility and accessibility. Across the Loop 202 freeway lies a thriving retail corridor featuring established businesses such as Sprouts Farmers Market, T.J. Maxx, Michaels, and ALDI, along with a planned Harkins Theatres and other retail establishments. Further enhancing the area's appeal is the recent acquisition of nearby land by Banner Health for a potential new hospital campus. The location benefits from a robust workforce, with over 200,000 employees within a 10-mile radius and a median household income exceeding $76,000. Planned future developments in the immediate vicinity promise to further increase daytime employment and fuel the demand for housing, making this a highly desirable location for multifamily construction. The limited availability of future multifamily zoning creates a strong barrier to entry, ensuring the long-term value of this exceptional investment. The property's address is S/SWC Loop 202 & Baseline Road, Laveen Village, AZ 85339.
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
- Avondale
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.191
- Latitude
- 33.373
