27th Ave & Phoenix, AZ 85041
This exceptional 82,500 square foot commercial land parcel presents a remarkable development opportunity in the rapidly growing Laveen area of Phoenix, Arizona (Maricopa County, zip code 85041). Located at the intersection of NW 27th Avenue and W Baseline Road, this property is currently zoned RU-43, but a lot split and rezoning to C-2 Intermediate Commercial is in progress. The site offers two distinct development pads, ideal for a variety of commercial uses. Pad 1, proposed for restaurant use, encompasses approximately 4,346 square feet. Pad 2, envisioned for retail development, measures approximately 3,140 square feet. This prime location within the Phoenix MSA provides excellent visibility and accessibility, making it an attractive investment for developers seeking to capitalize on the area's burgeoning growth. The property's size and potential for multiple commercial buildings make it a highly versatile and valuable asset. This is a rare chance to acquire a significant land holding in a high-demand area, offering substantial potential for future returns. The current zoning allows for immediate development, while the pending rezoning to C-2 will further enhance the property's value and development possibilities. Detailed site plans and further information are available upon request.
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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
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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.