22870 21st Ave Phoenix, AZ 85027
Property summary
This exceptional 10.6-acre industrial land parcel presents a remarkable investment opportunity in the thriving Phoenix, Arizona market. Located at 22870 N 21st Ave, this property boasts a highly desirable A-1 zoning designation from the City of Phoenix, offering significant development potential. The expansive lot size provides ample space for a variety of industrial uses, making it ideal for businesses seeking to establish a substantial presence in this dynamic region. The property's address is 22870 N 21st Ave, Phoenix, AZ 85027, and its convenient location offers easy access to major transportation arteries, ensuring seamless logistics and efficient distribution networks. With its strategic location and flexible zoning, this property is poised for significant growth and return on investment. The parcel's Assessed Property Number (APN) is 209-03-293. The asking price for this exceptional opportunity is $4,617,360. This translates to a price per square foot of $10.00. Don't miss this chance to acquire a prime piece of industrial real estate in one of the fastest-growing markets in the country. Contact us today to learn more about this exceptional opportunity.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of A-1 zone is to provide industrial uses designed to serve the needs of the community for industrial activity not offensive to nearby commercial and residential uses
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
A-1 · Phoenix, AZThe purpose of A-1 zone is to provide industrial uses designed to serve the needs of the community for industrial activity not offensive to nearby commercial and residential uses
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for A-1 in Phoenix, AZ.
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