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    OFF-MARKET
    Land

    19th Ave & Thunderbird Rd, Phoenix, AZ 85023

    26.25 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 26.25-acre commercial land parcel presents a unique development opportunity in Phoenix, Arizona's desirable Moon Valley area. Located at the intersection of 19th Avenue and Thunderbird Road, this property boasts a prime location within Maricopa County, zip code 85023. The land is comprised of three separate parcels: 208-16-005T, 208-16-005V, and 208-16-005W, offering flexibility for various development plans. Currently zoned PAD-2, preliminary engineering estimates suggest the potential for developing up to six lots, subject to all applicable regulations and approvals. Situated on the south side of Moon Mountain, this hillside property requires adherence to existing hillside ordinances. The asking price for this significant land holding is $999,000. This presents a compelling investment opportunity for developers seeking a substantial tract of land in a rapidly growing area of Central Phoenix. Prospective buyers are encouraged to conduct their own due diligence and verify all information with the relevant authorities. The property's unique characteristics and location make it an ideal candidate for a variety of commercial developments.

    Property profile
    Verified
    Property type Land
    Lot 26.25 ac (1,143,450 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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