1687 2Nd Ave, Apache Junction, AZ 85119
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.