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Property profile & analytics
OFF-MARKET
Commercial real estate

47818 Wagon Wheel Ln New River, AZ 85087

6.57 ac lot
Property ID
US07-2775721
Property summary
AI-generated overview

This exceptional 6.57-acre land parcel in New River, Arizona, presents a unique investment opportunity. Located in Maricopa County, this property consists of five contiguous parcels (APN: 202-11-025E, 202-11-025C, 202-11-024, 202-11-011B, 202-11-023C) zoned R-43, offering significant potential for residential development. Situated less than one mile east of Interstate 17 and only 16 miles north of the Phoenix-Deer Valley Airport, this location provides convenient access to major transportation routes and amenities. The property's proximity to Lake Pleasant (approximately 20 miles) and the growing community of Anthem (3.5 miles) further enhances its appeal. Previously part of a larger seven-parcel listing, this land is currently being auctioned in four separate packages by the Maricopa County Flood Control District. This is speculative land in a rapidly developing area, presenting a compelling opportunity for investors seeking to capitalize on the growth of the New River region. The property's size and zoning make it suitable for a variety of residential projects. Detailed information on the auction process is available upon request. Don't miss this chance to acquire a significant land holding in a prime location.

Property profile
Verified
Property type Commercial real estate
Lot 6.57 ac (286,189 SF)
APN 202-11-025E, 202-11-025C, 202-11-024, 202-11-011B, 202-11-023C
UPID US07-2775721
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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