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Arizona Ocotillo Rd & Schnepf Rd - Swc San Tan VlySan Tan Valley, AZ 85140

3-acre commercial lot, high traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 3-acre commercial land parcel presents a unique investment opportunity in the rapidly growing San Tan Valley, Arizona. Located at the southeast corner of Ocotillo Road and Schnepf Road, this hard corner lot benefits from high visibility and accessibility on Ocotillo Road, a major east-west arterial with 30,000 cars daily. The property's strategic location is just two miles east of a recently opened Safeway shopping center, indicating strong consumer demand in the area. Further enhancing its appeal, the site enjoys convenient access to Ironwood Drive, which connects to the planned Highway 24 extension, providing easy access to Loop 202 and metropolitan Phoenix. Proximity to the Phoenix-Mesa Gateway Airport, with its expanding flight options and passenger growth, adds another layer of attractiveness. The area boasts strong demographics, with average household incomes within 5 miles reaching $78,000 and $87,500 within 10 miles. Significant population growth is projected, with an estimated 3% annual increase through 2023, within a 10-mile radius encompassing 232,000 residents. The property is zoned CB-2 General Business, allowing for a wide range of commercial uses. This prime location, coupled with the area's robust growth and favorable zoning, makes this a compelling opportunity for developers and investors seeking high-return potential in a thriving market. The property consists of one suite in a multi-tenant building, with a total building square footage of 1 square foot and 1 vacant square foot. The lot size is 3 acres, situated in Pinal County, Arizona, zip code 85140.

Highlights

  • Strong retail trade area with significant residential growth.
  • $78,000 average household income within a 5-mile radius.
  • 4% annual housing unit growth since 2010.
  • 232,000 population within a 10-mile radius.
  • Projected 3% annual population growth through 2023.
  • Located near numerous master-planned communities.

Property Details for Arizona Ocotillo Rd & Schnepf Rd - Swc San Tan Vly

Property type
Retail properties, Land
RSF (Rentable sq. ft)
1 SF

Unit(s) available at that property

Space
Available Space
Size
0 SF

Location Insight

City
San Tan Valley
County
Pinal
State
Arizona
Latitude
33.2490829
Longitude
-111.5287978
Arizona Ocotillo Rd & Schnepf Rd - Swc San Tan Vly, San Tan Valley, Arizona

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Arizona Ocotillo Rd & Schnepf Rd - Swc San Tan Vly
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