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Property profile & analytics
OFF-MARKET
Commercial real estate

48812 Black Canyon Hwy New River, AZ 85087

Property ID
US07-0817735
Property summary
AI-generated overview

This ±2.84-acre commercial land parcel in New River, Arizona (Maricopa County), is offered at $550,000. Located at 48812 N Black Canyon Hwy, 85087, this triangle-shaped property boasts approximately 900 feet of frontage on the east side and 310 feet on the south. Access is via New River Road off I-17, then approximately one mile north on N. Black Canyon Highway. The property enjoys high visibility from I-17, though there's no direct access from the interstate. Currently zoned RU-43 (single-family residential) by Maricopa County, the land presents a compelling opportunity for potential rezoning to commercial use, given its proximity to a mix of RU-43, R-4, and C-2 zoned properties, and its location near New River Elementary School and a blend of residential and commercial developments. The topography is rolling/sloping with native desert vegetation. The property is approximately four miles north of the Anthem area, offering convenient access to I-17. The APN is 202-12-033B. Buyers are responsible for exploring potential rezoning options with Maricopa County. This elevated site offers excellent visibility and presents a unique investment opportunity in a growing area.

Property profile
Verified
Property type Commercial real estate
APN 202-12-033B
UPID US07-0817735
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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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