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    OFF-MARKET
    Commercial real estate

    1687 2Nd Ave, Apache Junction, AZ 85119

    1.25 ac lot
    Individually Owned
    Property ID
    US07-1004115
    Property summary
    AI-generated overview

    This exceptional 1.25-acre commercial lot, located at 1687 E 2nd Ave in Apache Junction, Arizona (zip code 85119), presents a unique investment opportunity. Priced at $215,000, the property is zoned RS and offers significant potential for various commercial ventures. The land boasts existing infrastructure, including water, septic, and power connections, significantly reducing development costs and timelines. This ready-to-develop parcel is situated in Pinal County and is conveniently located. While adjacent to Weekes Wash, a FEMA-designated flood zone, potential buyers are strongly advised to independently verify any development restrictions with Apache Junction city officials due to this proximity. The property's size and existing utilities make it an attractive option for businesses seeking a well-positioned location in a growing area. The latitude and longitude coordinates are 33.4126083 and -111.5278725 respectively. This is a prime opportunity to acquire a commercially zoned parcel with existing utilities, minimizing upfront development expenses and maximizing return on investment. Serious inquiries are encouraged to explore the possibilities this property offers. Act quickly, as opportunities like this are rare.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.25 ac (54,450 SF)
    UPID US07-1004115
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    John Werking
    John Werking
    since 2025
    1 recorded transaction
    2025
    $180,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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