51st Ave & Mcdowell Rd Phoenix, AZ 85035
This exceptional five-acre parcel presents a unique ground lease opportunity for discerning commercial developers. Located at the southwest corner of 51st Avenue and McDowell Road in Maricopa County, Arizona, this property boasts a highly desirable C-2 zoning designation, ideal for a wide range of retail developments. The single-tenant zoning allows for focused development and streamlined permitting processes. The expansive lot size provides ample space for a substantial building footprint, offering significant potential for high-impact retail ventures. Given its strategic location at a major intersection, this property benefits from exceptional visibility and accessibility, ensuring high traffic volume and strong potential for customer engagement. The property's location offers convenient access to major transportation arteries, making it an attractive destination for both businesses and consumers. This is a rare opportunity to acquire a prime piece of commercial real estate in a rapidly growing area, perfect for a forward-thinking business seeking to establish a strong presence in a high-traffic location. The ground lease structure offers flexibility and potential for long-term investment growth. Serious inquiries are encouraged to explore this exceptional opportunity. The total building square footage is currently listed as 1 square foot, indicating the land is available for new construction.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.