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    OFF-MARKET
    Commercial real estate

    23231 Lake Pleasant Pkwy, Peoria, AZ 85383

    1 ac lot
    Property ID
    US07-2043505
    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 Commercial real estate
    Lot 1 ac (43,560 SF)
    APN 200-10-013D
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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