Florence Heights Dr Florence, AZ 85132
- Land
- 54,750 SF
- 3.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Florence Heights Dr
- Lot size
- 3.00 lot acres
- Property size
- 54,750 SF
- Property type
- Land
- Property subtype
- Self storage facilities
Description
This exceptional 3-acre land parcel in Florence, Arizona (85132), presents a compelling investment opportunity. The site is zoned for a self-storage facility and boasts 54,750 square feet of potential net rentable space, ideal for a development of 456 units. The property offers a highly desirable location, situated directly across from a multi-family apartment complex and conveniently near Coolidge Municipal Airport. Its strategic placement along BUS-79, a major thoroughfare with a daily traffic count of 9,500 vehicles, ensures high visibility and accessibility. The surrounding area exhibits strong economic indicators, including a robust residential market with 12,462 units in the development pipeline within a 5-mile radius. Average household income within a 3-5 mile radius ranges from $69,783 to $77,897, reflecting a strong consumer base. Florence's economy is further bolstered by a growing data center industry, with a significant new project planned for the city. The property's design allows for ground-level drive-up and climate-controlled first-floor storage units, complemented by modern amenities such as online rental and bill pay systems, 24-hour gate access, and digital video surveillance. This development site is positioned within the Phoenix-Mesa MSA, ranked as the #14 strongest GMP economy nationally, offering significant growth potential. The property's location and features make it an attractive proposition for investors seeking a high-return self-storage development project in a thriving market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Pinal
- State
- Arizona
- Longitude
- -111.383
- Latitude
- 33.0201
