For Sale
$1,800,000

7116 Olive AvePeoria, AZ 85345

Prime Peoria location, high traffic, C-2 zoning.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 1.8-acre commercial land parcel is situated at the signalized southwest corner of 71st Avenue and West Olive Avenue in Peoria, Arizona. The property boasts approximately 286 linear feet of frontage on West Olive Avenue, a major thoroughfare with a daily traffic count exceeding 25,744 vehicles. Zoned C-2 (Intermediate Commercial), this site is ideally suited for a variety of retail or service-oriented businesses. The location benefits from its proximity to established residential communities like West Point Estates and West Point Village, ensuring a strong customer base. Furthermore, its strategic placement near major transportation arteries, including Grand Avenue (US 60), Loop 101, Interstate 17, and US Highway 60, provides excellent accessibility throughout the greater Phoenix metropolitan area. The property is also conveniently located near Jobing.com Arena, University of Phoenix Stadium, and Glendale Community College, further enhancing its appeal. The average household income within a three-mile radius is $76,136. City water and sewer lines are adjacent to the property

Highlights

  • Excellent demographics: Average household income within 3 miles is $76,136.
  • Prime location: Minutes from Grand Avenue and Loop 101 freeway access.
  • High traffic counts: Situated on W. Olive Avenue with approximately 25,744 vehicles per day.
  • Strong residential market: Surrounded by established residential communities.

Property Details for 7116 Olive Ave

Property type
Land

Location Insight

City
Peoria
County
Maricopa
State
Arizona
Latitude
33.568618
Longitude
-112.213473
7116 Olive Ave, Peoria, Arizona

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7116 Olive Ave
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