12212 W Thunderbird Rd El Mirage, AZ 85335
For Sale
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This exceptional 0.17-acre commercial land parcel is strategically located at 12212 W Thunderbird Road, El Mirage, AZ 85335. The property, identified by APN 501.00-27.00-11.00, is zoned Commercial (C-C) within Maricopa County, allowing for high-intensity commercial and some light industrial uses. This zoning designation is designed to serve the commercial needs of El Mirage, surrounding areas, and visitors. The lot's prime location on W Thunderbird Road, a major east-west thoroughfare, offers excellent visibility and accessibility. This is one of three parcels totaling approximately 0.44 acres, with a combined square footage of 19,338. The asking price for this specific 0.17-acre parcel is $249,000. This presents a unique opportunity to acquire a well-situated commercial property in a growing area, ideal for a variety of commercial ventures. The property's proximity to residential neighborhoods ensures a strong potential customer base. This is a rare opportunity to invest in a thriving commercial area with significant development potential. The property is ready for immediate development, offering a significant return on investment for the discerning buyer. Don't miss this chance to secure a piece of El Mirage's commercial landscape.
Urban Corridor (UC) Zone. The UC zone provides retail goods and services to satisfy the household and personal needs of the residents of nearby residential neighborhoods, those traveling on adjacent arterial corridors, and to allow for higher intensity general business and service activities. Development in the UC zone should be located and designed to allow…
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
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Property description
Physical attributes from public recordsZoning & alternative use
UC · El Mirage, AZUrban Corridor (UC) Zone. The UC zone provides retail goods and services to satisfy the household and personal needs of the residents of nearby residential neighborhoods, those traveling on adjacent arterial corridors, and to allow for higher intensity general business and service activities. Development in the UC zone should be located and designed to allow for access by pedestrians, bicyclists, and public transportation, in addition to automobiles. The UC zone is intended to serve “image making” areas in the city such as key gateways and arterial street and above corridors. The UC zone supports distinctive, unified design elements that generate a recognizable character. (7) Transit Development (TD) Zone. The TD zone fosters special, sustainable and urban places adjacent to principal arterial roadways that accommodate places to live, work, shop, and recreate. It includes high intensity businesses and high-density residential uses that are in proximity to transit. The variety of use types is greater than the other subdistricts and may include civic and entertainment uses. (8) Commerce Park (CP) Zone. The CP zone provides employment centers with offices, office showrooms, light assembly and manufacturing, research and development operations, and a limited range of associated retail services, at a low- to medium scale with high building design quality in an integrated or campus-like setting. (9) Employment/Industry (EI) Zone. The EI zone is provides locations for more intensive industrial uses that may not be appropriate for other zones, while mitigating impacts on surrounding areas to the extent practicable. It also includes certain public facilities that are needed to serve this district. (10) Floodway Zone (FW). (11) Floodplain Zone (FP). (12) 65-70DB Noise Zone (65LDN). (13) 70-75DB Noise Zone (70LDN). (14) 75-80DB Noise Zone (75LDN). (15) 80+DB Noise Zone (80LDN). (16) APZ1 Accident Potential Zone 1 (APZ1). (17) APZ2 Accident Potential Zone 2 (APZ2). (B) The location and boundaries of the zoning districts established by this chapter shall be designated upon the official “Zoning Map of the City of El Mirage.” The Zoning Map, together with all data shown on the map and all amendments hereafter adopted, is by reference made a part of this code. (C) The official Zoning Map shall be located in and maintained by the City of El Mirage Community Development Department and made available for inspection at City Hall.
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.