83rd Ave & Thomas Rd Phoenix, AZ 85037
- Retail properties
- 1.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 83rd Ave & Thomas Rd
- Lot size
- 1.00 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional commercial property, located at the Northwest corner of 83rd Avenue and Thomas Road in Phoenix, Arizona (APN 102-23-004F), presents a unique investment opportunity. Zoned LC, this parcel boasts a substantial lot size ranging from 1 to 2.69 acres, with dimensions of approximately 685 feet by 244 feet. Its strategic location offers significant advantages, situated directly across from a new elementary school, ensuring high visibility and potential for strong tenant demand. The property's infrastructure includes 12-inch ACP water lines and sewer lines conveniently located at the southwest and southeast corners of the property. Furthermore, its proximity to major transportation arteries and established commercial centers enhances its appeal. Within one mile lies the Desert Sky Mall and Algodon Medical Campus, providing immediate access to a large consumer base and a significant workforce. The property is also conveniently located 1.5 miles from the Loop 101 Freeway and one mile north of Interstate 10, ensuring excellent accessibility for both employees and customers. This versatile land parcel is ideal for the development of a multi-tenant building or other commercial ventures, capitalizing on the area's growth and high demand. The potential for significant return on investment makes this property a compelling opportunity for discerning investors. The zip code is 85037, and the property is in Maricopa County.
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
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.238
- Latitude
- 33.4799
