Property profile

238 Ironwood Dr Apache Junction, AZ 85120

OFF-MARKET
Land
Property ID
US07-1395617
0.27 ac lot Built 1978
Entity Owned 2-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property consists of a secured, gated quarter-acre lot measuring approximately 90 ft by 130 ft, enclosed with block fencing and an iron gate. The site includes on-site electric and water services and is improved with a newly installed 6-inch concrete slab sized 60 ft by 80 ft. With 90 ft of frontage on Ironwood Drive, the lot provides frontage suitable for commercial development or use as a vehicle lot. The property is zoned B-2, supporting a broad range of commercial uses, including general retail and office uses, automotive sales and repair, and storage.

Property profile

Verified
Property type Land
Use group COMMERCIAL (GENERAL)
Year built 1978
Lot 0.27 ac (11,880 SF)
APN 101-09-0990
UPID US07-1395617

Cap rate & NOI

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

Location

238 Ironwood Dr Apache Junction, AZ 85120-5074
Apache Junction metro Census 312 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 2023
Last sale
$215,000
5 recorded transactions
2023
$215,000
2021
$150,000
2009
$20,587
1997
Price N/A
1994
$26,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 238 Ironwood Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message