25720 Lake Pleasant PkwyPeoria, AZ 85383

Property Details for 25720 Lake Pleasant Pkwy

Year built

2011

Construction

STEEL FRAME

Lot size

0.64 AC

Zone code

PAD

Property type

Commercial real estate

APN

201-17-026

APU

20117026

Description

This exceptional 28,063 square foot vacant commercial land parcel, identified by APN 201-17-026, presents a remarkable investment opportunity in Peoria, Arizona. Located at 25720 N Lake Pleasant Pkwy, this PAD site sits at the northwest corner of Lake Pleasant Parkway and W Yearling Road, within the thriving Lake Pleasant Towne Center. Previously approved for a Carl's Jr. restaurant with drive-thru access, this property benefits from existing infrastructure and approvals, streamlining the development process. The site is zoned PAD and offers significant potential for a variety of retail uses. Lake Pleasant Towne Center, a 65-acre retail center, provides a strong existing retail environment, attracting significant foot traffic and consumer spending. The property's strategic location is further enhanced by its proximity to seventeen master-planned communities encompassing over 62,000 planned units, ensuring a large and growing customer base. The area's accessibility is greatly improved by the Loop 303 freeway, which connects to Interstate 17, facilitating easy access for both residents and commuters. This freeway expansion is a key driver of growth in northern Peoria, making this property an exceptionally attractive investment opportunity with significant long-term growth potential. The asking price for this property is $1,500,000.

• Alternative Use

  Use

  Valuation

  Residential

  $6,072,126

  Hospitality

  $5,562,034

  Educational

  $4,627,547

  Medical

  $4,786,696

  Retail

  $7,198,406

Location Insight

City

Peoria

County

Maricopa

State

Arizona

Latitude

33.7172

Longitude

-112.273

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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