4611 Lakeshore DrTempe, AZ 85282

  • Land
  • 0.79 AC
For Sale

Property Details for 4611 Lakeshore Dr

Lot size
0.79 AC
Zone code
C-C
Property type
Land
Property subtype
Commercial land
APN
133-38-005G
APU
13338005G

Description

This exceptional 34,311 square foot commercial land parcel is situated at 4611 S Lakeshore Drive in Tempe, Arizona, with a Maricopa County APN of 133-38-005G. Zoned PCC-2 City of Tempe, this property boasts a highly desirable location just off the US 60 and Rural Road intersection. Its strategic placement places it southwest of Downtown Tempe and its vibrant Mill Avenue Entertainment District, a thriving hub of commercial activity, residential high-rises, parks, event venues, and recreational amenities within a walkable environment. The property benefits significantly from its proximity to Tempe Town Lake, a major economic driver attracting over 2.4 million visitors annually and generating nearly $2 billion in economic impact since 1999. This presents a unique investment opportunity in a dynamic and rapidly growing area of metro Phoenix. The property's size and location make it suitable for a variety of commercial developments, capitalizing on the area's strong economic performance and high volume of foot traffic. The 85282 zip code further underscores the desirability and potential of this exceptional land offering.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,665,511
    Hospitality
    $6,105,572
    Educational
    $5,079,764
    Medical
    $5,254,466
    Retail
    $7,901,856
4611 Lakeshore Dr, Tempe, Arizona

Location Insight

City
Tempe
County
Maricopa
State
Arizona
Latitude
33.3821
Longitude
-111.925
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
2023
$5,312
-
-
$79,200
-
$528,000
-
$528,000

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