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2417 Bethany Home Rd Phoenix, AZ 85015-1827

OFF-MARKET Auto shops Google Maps
704 SF 0.49 ac lot Built 2017
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$500k
Range $450k – $550k (±10%)
Property ID US07-0389473

Property summary

AI-generated overview

This exceptional 0.49-acre commercial land parcel, located at 2417 W Bethany Home Rd in Phoenix, Arizona (APN 153-06-022B), presents a unique redevelopment opportunity. Situated at the high-traffic intersection of I-17 and Bethany Home Road, this C-2 zoned property boasts excellent visibility and accessibility. The area is characterized by a high concentration of national retailers and significant residential density, ensuring a robust customer base. The asking price is $1,100,000. This prime location is ideal for a variety of commercial uses, including quick-service restaurants (QSRs), automotive businesses, or kiosk-style operations. The 0.49-acre lot provides ample space for new construction or adaptive reuse. With its strategic location and high-traffic counts, this property offers significant potential for investors seeking a strong return on investment in a thriving Phoenix market. The property's proximity to I-17 ensures easy access for customers and employees. Don't miss this chance to acquire a highly desirable commercial land parcel in a prime Phoenix location. This is a rare opportunity to capitalize on the growth and development within this established and rapidly expanding area of Maricopa County. The zip code is 85015.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2017
Construction CONCRETE
Total area 704 SF
Lot 0.49 ac (21,179 SF)
Zoning code C-2
APN 153-06-022B
UPID US07-0389473

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Dealership
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$500k

Owner & transaction history

since 2021
4 recorded transactions
2021
Price N/A
2015
$100,000
2001
$130,000
1997
$15,775

Zoning & alternative use

C-2 · Phoenix, AZ
Zoning description

The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district

General category COMMERCIAL

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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