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Property profile & analytics
OFF-MARKET
Land

0 Avondale Blvd & Broadway Rd Avondale, AZ 85323

15.28 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 15.28-acre commercial land parcel presents a unique investment opportunity in Avondale, Arizona. Located at the intersection of Avondale Boulevard and Broadway Road, this PAD-zoned property boasts a prime location at the gateway to Alamar, a thriving Brookfield Residential community featuring over 3,600 new homes. The area is experiencing significant residential growth, with an additional approximately 893 homes planned within 3 miles and a further 6,400 proposed. This strategic location benefits from proximity to a newly opened 40-acre, $18 million Alamar Park, and is within close range of the Park Avenue at The BLVD master-planned development, a pedestrian-oriented mixed-use project. The property includes a recently completed 405-space parking structure, further enhancing its appeal. Surrounding development includes several multifamily projects currently under construction or in pre-construction phases, totaling over 900 units, and a new 95-room Avid Hotel. The area also benefits from the recently constructed Avondale Fire & Medical Station 175 and is conveniently located near the Avondale Civic Center campus, which includes a new aquatic center. The property's strategic location is further enhanced by its proximity to the Phoenix Raceway and the proposed extension of SR-30 highway, which will connect Loop 202 to Loop 303. The burgeoning Goodyear industrial sector, home to major companies such as Microsoft, Amazon, and several data centers, is also within easy reach. This property offers unparalleled potential for a variety of commercial developments, capitalizing on the explosive growth and strategic location within this dynamic area of the Southwest Valley. The 85323 zip code provides easy access to major transportation arteries.

Property profile
Verified
Property type Land
Lot 15.28 ac (665,597 SF)
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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