For Lease
Property summary
This exceptional 1.2 to 1.4-acre commercial property, located at 2820 W Dove Valley Rd, Phoenix, AZ 85085, presents a unique investment opportunity. Zoned PCD, this retail and land parcel offers two available spaces totaling 1 square foot of building space and 1 square foot of vacant space. The property benefits from its strategic location at the Northwest corner of North Valley Parkway and Dove Valley Road, providing excellent visibility and accessibility. The site enjoys high traffic counts due to its proximity to Interstate 17, serving as a key reliever road for the area's residents. This location is further enhanced by the significant residential growth in the immediate vicinity, creating a robust customer base for retail businesses. The presence of a new Honor Health hospital adjacent to the property contributes to a strong daytime population, increasing foot traffic and potential clientele. This makes the property ideally suited for a neighborhood grocery store or service center. The property's location within Maricopa County offers access to a thriving market and strong infrastructure. This is a rare opportunity to acquire a well-positioned retail property in a rapidly developing area of Phoenix.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Parts Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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
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
C-2 · Phoenix, AZThe 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
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 in Phoenix, AZ.
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Find the owner behind the property.
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