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Property profile & analytics
FOR SALE
Commercial land

12232 W Thunderbird Rd El Mirage, AZ 85335

0.12 ac lot
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US07-2296591
Property summary
AI-generated overview

This exceptional 0.12-acre commercial land parcel is located at 12228 W Thunderbird Road, El Mirage, AZ 85335 (APN 501.00-27.00-32.00A). Situated in Maricopa County, this property boasts a prime location on the northeast corner of W Thunderbird Rd and N El Mirage Rd, a major east-west thoroughfare. The land is zoned Commercial (C-C), allowing for high-intensity commercial and some light industrial activities. This zoning designation is designed to serve the commercial needs of El Mirage, surrounding areas, and visitors. The property's proximity to a major highway connecting Phoenix and Wickenburg offers excellent accessibility and visibility. While this specific parcel is 0.12 acres, it's part of a larger development opportunity encompassing approximately 0.58 acres. This presents a unique chance to acquire a strategically located parcel in a growing community, ideal for various commercial ventures. The property's location near residential neighborhoods provides a strong potential customer base. The total square footage of the larger development is 25,336 square feet. This offering presents a compelling investment opportunity in a high-traffic area. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.12 ac (5,291 SF)
Zoning code UC
APN 501-27-032A
UPID US07-2296591
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ali Razzouki · 5 yrs held
Ali Razzouki
since 2020
2 recorded transactions
2020
$130,000
2020
Price N/A
Zoning & alternative use
UC · El Mirage, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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…

Zone name Urban Corridor
General category COMMERCIAL
Zone area 271.91 ac
Source CHAPTER 154: ZONING CODE
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