8216 Thomas RdPhoenix, AZ 85033
- Land
- 0.39 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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