Property summary
This exceptional 3,000 square foot retail space, situated on a 1.11-acre lot (APN 216-66-807) in Maricopa County, Arizona, presents a unique investment opportunity. Previously a Chase Bank branch, the property boasts a convenient drive-thru, ideal for various retail uses. Located at 31307 N Scottsdale Rd, Scottsdale, AZ 85266, this single-tenant building benefits from a high-traffic location at the intersection of Scottsdale Road and Lone Mountain Road, experiencing over 34,901 vehicles per day. The signalized intersection ensures excellent visibility and accessibility. The surrounding area is characterized by strong demographics, with average household incomes exceeding $223,841 within a one-mile radius. This affluent area includes several master-planned communities such as Troon North, Boulders, and Terravita, contributing to a stable and growing customer base. The property's location also benefits from high projected annual population growth, promising sustained demand and future appreciation. The entire 3,000 square feet is currently vacant, offering immediate occupancy for a new tenant. This property is an excellent opportunity for businesses seeking a high-visibility location in a thriving Scottsdale community.
Property profile
VerifiedCap rate & NOI
Current use
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Loan Service Bank
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The PCC district is intended to provide a large variety of retail goods and personal and professional services for multiple neighborhoods. Residential uses are encouraged to promote day and night time activity.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
PCC · Scottsdale, AZThe PCC district is intended to provide a large variety of retail goods and personal and professional services for multiple neighborhoods. Residential uses are encouraged to promote day and night time activity.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The PCC district is intended to provide a large variety of retail goods and personal and professional services for multiple neighborhoods. Residential uses are encouraged to promote day and night time activity.
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PCC in Scottsdale, AZ.
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