1002 N 27Th Ave Phoenix, AZ 85009
For Sale
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This exceptional 0.56-acre commercial land parcel presents a unique investment opportunity in Phoenix, Arizona. Located at 1002 N 27th Ave, this hard corner lot sits at the intersection of 27th Avenue and Roosevelt, offering excellent visibility and accessibility. The property is zoned C-1, providing a range of potential commercial uses. Its strategic location within Phoenix's Central Industrial District offers significant advantages, including proximity to major transportation arteries. Specifically, it's conveniently situated just south of Interstate 10 and west of the I-17 Freeway, ensuring easy access to the broader Phoenix metropolitan area. The property's proximity to Phoenix Sky Harbor International Airport, approximately 9 miles away, further enhances its appeal. With its ideal location, zoning, and size, this lot is well-suited for a variety of commercial developments. The APN is 109-06-069A. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area of Phoenix. The asking price for this exceptional property is $439,000. Don't miss this chance to secure a prime piece of Phoenix real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Phoenix, AZPhoenix. Always verify with local authorities before improvements.
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.