Property profile

27601 33Rd Ave Phoenix, AZ 85083

OFF-MARKET
Land
4.8 ac lot
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Property summary

AI-generated overview

This exceptional 4.8-acre commercial land parcel in Phoenix, Arizona, presents a remarkable investment opportunity. Located at 27601 N 33rd Ave, 85083, in Maricopa County, this property boasts convenient paved road access and readily available utilities. Its strategic location offers proximity to shopping centers, schools, and essential services, enhancing its appeal and potential for development. The property enjoys stunning mountain views and natural vegetation, creating a desirable setting. Zoned S-1, this land is well-suited for a variety of commercial uses, including the potential for subdivision into multiple single-family residential lots. Nearby residential densities range from R1-10 and R1-18 to R43, indicating the potential for diverse development options. The property's advantageous location near the new Taiwan Semiconductor manufacturing plant and easy access to major freeways (I-17, 101, and 303) further amplify its investment potential. A significant bulk discount is available for the purchase of this parcel in conjunction with an adjacent parcel (MLS #6443021), offering a combined price of $3,000,000. This presents a unique opportunity to acquire a substantial land holding in a rapidly growing area of Phoenix. The asking price for this individual 4.8-acre parcel is $1,650,000.

Property profile

Verified
Property type Land
Lot 4.8 ac (209,088 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

27601 33Rd Ave Phoenix, AZ 85083
Phoenix metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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