SWC Jackrabbit Trl & Encanto Blvd Buckeye, AZ 85396
This exceptional 8.94-acre parcel, located at the southwest corner of Jackrabbit Trail and Encanto Boulevard in Buckeye, Arizona (APN: 502-34-017K, 502-34-017N), presents a remarkable investment opportunity. Zoned CC, allowing for up to 10.1 dwelling units per acre, this land is ideally suited for multifamily development or self-storage facilities. The property boasts stunning views of the White Tank Mountains and enjoys convenient access to major transportation arteries, being just half a mile from the I-10 freeway. Its strategic location benefits from the recent opening of a Fry's Signature store at Jackrabbit Trail and Indian School Road, the proximity to a new Banner health facility in Verrado, and the burgeoning job market within a 5-mile radius. Utilities are readily available, including service from the Arizona Water Company and the Town of Buckeye sewer system. This is a rare chance to acquire a large, well-positioned tract of land in a rapidly growing area of Buckeye, offering significant potential for substantial returns. The asking price for this exceptional property is $3,900,000. The property is designated as both Commercial and Residential.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.