21433 Ocotillo Rd Queen Creek, AZ 85142
This exceptional 3.98-acre commercial land parcel presents a compelling investment opportunity in the thriving Queen Creek, Arizona market. Located at 21433 E Ocotillo Road, this property boasts high visibility with significant frontage along Ocotillo Road, experiencing approximately 25,000 vehicles per day. Its strategic position places it minutes from major retail destinations including Cornerstone at Queen Creek and Queen Creek Marketplace, home to prominent retailers such as Walmart, Target, Harkins Theatres, and more. The surrounding area features high-density residential neighborhoods with a strong average household income and a rapidly expanding population base, ensuring a robust customer base for any development. Zoned EMP-A (Office or Industrial Park), this site offers up to 57,900 square feet of buildable space, ideal for office, medical, or industrial uses. Utilities including power, water, and sewer are readily available. The asking price is $2,774,816, translating to $16 per square foot. Parcel numbers are 304-65-019Y & 304-65-019Z. This property represents a rare chance to acquire a highly desirable commercial site in one of Arizona's fastest-growing communities. Its prime location, excellent visibility, and strong surrounding demographics make it an exceptional investment for owner-users or developers seeking a strategic foothold in this dynamic market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2015Comparables
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
I-1 · Queen Creek, AZNo recorded transactions found for this property.
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.