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Loop 202 & Baseline Rd Avondale, AZ 85339

20.9 Acres, Prime Commercial Land

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 20.9-acre commercial land parcel presents a unique investment opportunity in Laveen, Arizona. Strategically located at the southwest corner of Loop 202 and Baseline Road, this site boasts unparalleled visibility and accessibility, with nearly 146,000 vehicles passing daily. The C-2 HGT/WVR DNS/WVR zoning permits multifamily development, utilizing pre-approved site plans and elevations, making this a turnkey project. The property's prime location offers immediate proximity to thriving retail centers, including Sprouts, T.J. Maxx, Michaels, ALDI, and a planned Harkins Theatres, ensuring high consumer traffic and strong demand. Further enhancing its value, Banner Health's recent land acquisition nearby suggests the potential for a new hospital campus, driving further population growth and economic activity. The area's robust demographics include over 200,000 employees within a 10-mile radius and a median household income exceeding $76,000, indicating a strong consumer base. Future development plans for retail and employment in the immediate vicinity will further increase daytime employment and fuel the demand for housing, solidifying this land's long-term investment potential. The limited availability of future multifamily zoning creates a strong barrier to entry, making this a rare and highly desirable opportunity. The property's address is S/SWC Loop 202 & Baseline Rd, Laveen, AZ 85339.

Highlights

  • 20.9-acre commercial land parcel at the SWC of Loop 202 & Baseline Rd, Laveen, AZ, with 146,000+ VPD.
  • C-2 HGT/WVR DNS/WVR zoning allows multifamily development with pre-approved plans.
  • Excellent retail proximity including Sprouts, T.J. Maxx, Michaels, ALDI, and a planned Harkins Theatres.
  • Banner Health's nearby land acquisition suggests a potential new hospital campus.
  • Over 200,000 employees within a 10-mile radius.
  • Median household income exceeding $76,000.

Property Details for 0 Loop 202 & Baseline Rd

Property type
Land
Lot Size (sq. ft)
910,404 SF

Location Insight

City
Avondale
County
Maricopa
State
Arizona
Latitude
33.2761422
Longitude
-112.28609

FAQs

What type of property is this?
Land - 20.9 Acres, Prime Commercial Land
Where is the land located?
The property is located at Loop 202 & Baseline Rd Avondale, AZ.
What are key features of this property?
This property features: 20.9-acre commercial land parcel at the SWC of Loop 202 & Baseline Rd, Laveen, AZ, with 146,000+ VPD.; C-2 HGT/WVR DNS/WVR zoning allows multifamily development with pre-approved plans.; Excellent retail proximity including Sprouts, T.J. Maxx, Michaels, ALDI, and a planned Harkins Theatres.
How can I contact the broker?
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0 Loop 202 & Baseline Rd
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