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Property profile

23231 Lake Pleasant Pkwy Peoria, AZ 85383

OFF-MARKET
Land
Property ID
US07-2043505
View Sample
1 ac lot

Property summary

AI-generated overview

This exceptional 2.5-acre commercial land parcel presents a remarkable investment opportunity in the thriving Peoria, Arizona market. Strategically located on the main thoroughfare of Lake Pleasant Parkway, this property enjoys high visibility and convenient access. Situated just one mile south of Happy Valley, the site benefits from readily available utilities, with stubs already in place. The property is zoned C-1/O-1, providing flexibility for a variety of commercial uses. The asking price of $1,740,000 reflects a compelling value proposition for developers and investors seeking a prime location with significant development potential. The parcel's size and zoning make it ideal for a range of commercial ventures, capitalizing on the area's robust growth and strong demand for commercial space. The property's address is 23231 N Lake Pleasant Pkwy, Peoria, AZ 85383, within Maricopa County. The Assessor's Parcel Number (APN) is 200-10-013D, and ownership is held by ESSEX COMPANIES LLC. This is a turnkey opportunity to acquire a well-positioned commercial lot ready for immediate development. Don't miss this chance to secure a piece of Peoria's vibrant commercial landscape.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)
UPID US07-2043505

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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