This exceptional 2.57-acre parcel located at 4002 N 36th Avenue in Phoenix, Arizona presents a compelling investment opportunity for developers and discerning buyers. The property's substantial size offers significant potential for a variety of commercial or mixed-use projects. Its strategic location within Phoenix provides easy access to major transportation arteries, ensuring excellent connectivity for any future development. The expansive land area allows for ample building space and potential for substantial returns. The property is currently vacant, offering a clean slate for ambitious development plans. This presents a unique chance to shape a significant piece of Phoenix's landscape. Given the current market conditions and the property's prime location, this is an exceptional opportunity to acquire a large parcel of land in a thriving Arizona city. The absence of existing structures simplifies the development process, minimizing potential complications and allowing for a streamlined approach to construction. Prospective buyers are encouraged to conduct their own due diligence to fully assess the development potential and to explore the various zoning regulations and building codes applicable to the site. This property is being offered at $4,600,000, representing a significant value proposition in the current market. Serious inquiries are welcome.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$7,923,792
Hospitality
$7,258,151
Educational
$6,038,696
Medical
$6,246,376
Retail
$9,393,528
Location Insight
City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.4937
Longitude
-112.138
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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