0 Nec Of Avondale Blvd & Lower Buckeye Rd Avondale, AZ 85353
This exceptional 8.58-acre commercial land parcel presents a unique investment opportunity in Avondale, Arizona. Located at the northeast corner of Avondale Boulevard and Lower Buckeye Road, this property boasts a highly desirable C-2 zoning designation, allowing for the development of up to six retail pad sites. The site plan is currently preliminary but adaptable to suit buyer requirements. All site improvements along Avondale Boulevard and Lower Buckeye Road are complete, ensuring a seamless development process. The property benefits from its strategic location, with convenient access to the I-10 Freeway (3 miles north) and the future SR-30 Freeway (approximately 2 miles south). Its proximity to established shopping centers and schools, including a high school less than a quarter-mile away, further enhances its appeal. A significant draw for the intersection will be the completion of a McDonald's restaurant in March 2023. The land is priced at $25 per square foot, offering a compelling value proposition for developers seeking a prime location in a rapidly growing area. This is a truly exceptional opportunity to capitalize on the strong retail demand in this thriving Avondale location. The property's size and zoning make it ideal for a variety of commercial developments.
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.