Property profile

700 S Tomahawk Rd APN 101-22-034P Apache Junction, AZ 85120

FOR SALE
Land
Property ID
US07-3342741
1.23 ac lot
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

This exceptional 1.23-acre commercial land parcel presents a compelling investment opportunity in the thriving Apache Junction, Arizona market. Located at 700 S Tomahawk Rd, in Pinal County (APN 101-22-034P, zip code 85120), this property is zoned B-1, per City of Apache Junction regulations, offering a wide range of potential commercial development options. Situated just an hour from Phoenix, this location benefits from the rapid growth of Pinal County and its proximity to outdoor recreational areas like the Superstition Mountains and Tonto National Forest. The property's strategic position near popular attractions such as the Old West Highway and the Apache Trail adds to its investment appeal, attracting both residents and tourists. City pre-approval exists for a spec industrial building, streamlining the development process. This prime location and favorable market conditions make this 1.23-acre lot an attractive proposition for investors seeking to capitalize on the area's increasing popularity and robust economic growth. The property's accessibility and potential for diverse commercial uses make it a highly desirable asset in a rapidly expanding region. Don't miss this chance to acquire a piece of Arizona's burgeoning commercial landscape.

Property profile

Verified
Property type Land
Lot 1.23 ac (53,579 SF)
UPID US07-3342741

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

700 S Tomahawk Rd, Unit APN 101-22-034P Apache Junction, AZ 85120
Apache Junction metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2022
1 recorded transaction
2022
$155,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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