0 Litchfield Rd Phoenix, AZ 85037
This exceptional 23.76-acre land parcel presents a unique investment opportunity in Glendale, Arizona. Strategically located near the South Gate of Luke Air Force Base, this property boasts significant frontage on Litchfield Road (1,060 feet) and Glendale Avenue (206 feet). The site benefits from convenient access to major transportation arteries, including Loop 303 (3.45 miles) and Loop 101 (4.8 miles), ensuring seamless connectivity throughout the Phoenix metropolitan area. Zoned I-1 and C-2, this versatile land allows for a wide range of commercial and industrial uses. The property's location is further enhanced by its proximity to new single-family residential developments, indicating strong growth and demand in the surrounding area. The parcel's size and zoning make it ideal for large-scale development projects. The asking price for this fee-simple ownership property is $12,900,000. The property's APN is 501-57-932M. This prime location, combined with its flexible zoning and excellent access to transportation networks, makes this a compelling investment opportunity for discerning buyers. The property is situated in Maricopa County, Arizona, with a Glendale address and 85037 zip code.
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.