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    OFF-MARKET
    Land

    0 Indian School Rd, Goodyear, AZ 85340

    2.17 ac lot
    Property ID
    Property summary
    AI-generated overview

    This ±7.65-acre commercial land parcel boasts over 1,000 feet of frontage on West Indian School Road in Avondale/Litchfield Park, Arizona, with an additional ±400 feet of frontage on Plaza Court Circle. Zoned C-2 Avondale/PAD, this fee-simple property offers exceptional visibility and access, situated between Dysart and Litchfield Roads. The site benefits from its proximity to major freeways (I-10, Loop 101, and Loop 303), Estrella Mountain Community College, and the renowned Wigwam resort. Surrounding development includes medical offices, a planned self-storage facility, and numerous residential units (approximately 750 multifamily units or townhomes within a 1-mile radius). The area demonstrates strong population growth (2.2% annual growth rate from 2010-2023 within a 3-mile radius) and high average household income ($116,805 within a 1-mile radius). Permitted uses include mixed-use developments (residential above commercial below), hotels (excluding extended-stay), and medical/rehabilitation facilities. This prime location presents a significant infill development opportunity in a thriving community. The property's APN is 501-73-651, 652, 976. Further details on zoning and permitted uses can be obtained from the City of Avondale. The current population within a 3-mile radius is approximately 89,280, and within a 5-mile radius, approximately 197,128. Low retail and medical vacancy rates in the area further highlight the desirability of this location.

    Property profile
    Verified
    Property type Land
    Lot 2.17 ac (94,525 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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