4132 38th Dr Phoenix, AZ 85019-3502
Property summary
This exceptional 0.68-acre parcel of land presents a unique investment opportunity in the thriving Phoenix, Arizona market. Located at 4132 N 38TH Drive Unit 4132, this property offers significant potential for a variety of commercial developments. The expansive lot size provides ample space for ambitious projects, allowing for creative design and efficient utilization of the land. Its strategic location within Phoenix offers excellent access to major transportation arteries, ensuring convenient connectivity for businesses and employees. The address is specifically 4132 N 38TH Drive Unit 4132, providing a clear and easily identifiable location for potential buyers. The asking price for this remarkable property is $2,850,000, reflecting its prime location and development potential. Given the current market conditions and the scarcity of available land in this area, this represents a compelling investment opportunity for discerning buyers seeking a foothold in the dynamic Phoenix commercial real estate sector. The property's size and location make it suitable for a range of commercial ventures, from retail spaces to light industrial uses, subject to city zoning regulations. Further due diligence is recommended to fully explore the development possibilities and ensure compliance with all applicable building codes and regulations. This is a rare chance to acquire a substantial land holding in a rapidly growing area of Phoenix. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of A-2 zone is to provide intensive use of property, open uses and storage, industrial processes which may involve significant amounts of heat, mechanical and chemical processing, large amounts of materials t…
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
A-2 · Phoenix, AZThe purpose of A-2 zone is to provide intensive use of property, open uses and storage, industrial processes which may involve significant amounts of heat, mechanical and chemical processing, large amounts of materials t…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for A-2 in Phoenix, AZ.
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Find the owner behind the property.
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