12337 Camelback RdLitchfield Park, AZ 85340

Property Details for 12337 Camelback Rd

Year built

2018

Construction

STEEL FRAME

Lot size

1.77 AC

Property size (Sq ft)

5,810 SF

Zone code

I

Property type

Auto shops

APN

501-73-679

APU

50173679

Description

Monument Point Business Park offers exceptional fully improved commercial and industrial land parcels in Litchfield Park, Arizona. Located at the southwest corner of Camelback Road and El Mirage Road, this 32-acre business park provides convenient access to major transportation arteries, including Northern Parkway, Loop 101, and Loop 303 freeways. The property boasts frontage on both Camelback Road and El Mirage Road, ensuring high visibility and accessibility. Lots range from one to four acres, and are zoned for industrial use, allowing for a variety of commercial, industrial, and retail developments. The park is professionally managed with established Covenants, Conditions, and Restrictions (CC&Rs) in place. The fully improved lots significantly reduce construction time and associated costs, making this an attractive opportunity for businesses seeking a prime location with streamlined development. This strategic location in Maricopa County, Arizona, offers a compelling combination of accessibility, visibility, and infrastructure, ideal for a range of commercial and industrial ventures. The zip code is 85340.

• CAP approach

  CAP return

  Valuation

  6%

  $2,046,172

  6.5%

  $1,888,774

  7%

  $1,753,861

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,256,941

  Geo Method

  $2,256,941

• Alternative Use

  Use

  Valuation

  Residential

  $1,593,251

  Hospitality

  $1,459,410

  Educational

  $1,214,212

  Medical

  $1,255,970

  Retail

  $1,888,774

Location Insight

City

Litchfield Park

County

Maricopa

State

Arizona

Latitude

33.507

Longitude

-112.326

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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