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Property profile & analytics
OFF-MARKET
Land

27th Ave & Phoenix, AZ 85041

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
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
Current use
Occupant on record · Public records
  • Lil' Paws Learning Center Training Center Tutoring Service
  • PROformance Vend USA Big Box & Wholesale Store
  • Reynolds Electric Electrical Service General Contractor
  • N 27 Auto & Tire Repair Auto Repair Shop
  • JenBu LLC Used Cars Dealership Car Dealership
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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