4611 Lakeshore DrTempe, AZ 85282
- Land
- 0.79 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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