8225 59Th Ave Phoenix, AZ 85339
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 8225 59Th Ave
- Property type
- Commercial real estate
Description
This exceptional commercial land offering presents a unique investment opportunity in a rapidly developing area of Phoenix, Arizona. Located at 8225 S 59th Ave, Phoenix, AZ 85339, this property boasts two developable pads ideally situated at the intersection of Loop 202 South Mountain Freeway and Baseline Road. The site benefits from the strategic location at the strongest intersection in the trade area, enhanced by the recent opening of the Loop 202 South Mountain Freeway and its full-diamond interchange with Baseline Road. This prime location is experiencing explosive residential growth, with over 8,000 planned single-family homes and 166 multi-family units currently under construction, along with an additional 220 units in the planning stages. Further bolstering the area's potential is the recent land acquisition by Banner Health on the west side of the Loop 202 South Mountain Freeway, where a new hospital is proposed. The property is zoned C-2, providing flexibility for a variety of commercial uses. This presents a rare chance to capitalize on the significant growth and development occurring in this dynamic section of metro Phoenix. The property's proximity to major transportation arteries and burgeoning residential communities makes it an ideal location for businesses seeking high visibility and access to a large consumer base.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.181584
- Latitude
- 33.3725669
