8216 Thomas RdPhoenix, AZ 85033

  • Land
  • 0.39 AC
For Sale
$315,000 View listing

Property Details for 8216 Thomas Rd

Lot size
0.39 AC
Zone code
C-C
Property type
Land
Property subtype
Commercial land
APN
102-72-179
APU
10272179

Description

This exceptional 0.39-acre commercial land parcel, located at 8216 W Thomas Rd in Phoenix, Arizona, presents a unique investment opportunity. The property, identified by APN 02-72-179, is zoned C-2, offering a wide range of potential commercial uses. The lot encompasses 16,945 square feet and sits at a high-traffic, signalized intersection boasting approximately 81,000 vehicles per day (VPD), ensuring excellent visibility and accessibility for any future development. This strategic location is further enhanced by its proximity to a newly proposed multi-family and retail plaza in an adjacent intersection, promising synergistic growth and increased foot traffic. The asking price for this prime commercial land is $315,000, making it an attractive proposition for developers and investors seeking a foothold in a thriving Phoenix market. The property's ideal location and zoning regulations make it suitable for a variety of commercial ventures, offering significant potential for future returns. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly developing area of Phoenix. Don't miss out on this chance to secure a piece of Phoenix's vibrant commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,646,754
    Hospitality
    $4,256,402
    Educational
    $3,541,277
    Medical
    $3,663,066
    Retail
    $5,508,652
8216 Thomas Rd, Phoenix, Arizona

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.4803
Longitude
-112.236
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,559
-
-
$23,280
-
$155,200
-
$155,200

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