This exceptional 4.39-acre commercial land parcel, located at 7841 W Thunderbird Rd in Peoria, Arizona (Maricopa County, zip code 85381), presents a remarkable development opportunity. The property boasts a highly desirable signaled corner location with approximately 251 feet of frontage on West Thunderbird Road, offering excellent visibility and accessibility. Zoned C-2, this flat, graded lot is ready for immediate development and is suitable for a variety of uses, including medical offices, retail establishments, quick-service restaurants (QSR), general office space, or multifamily housing. The asking price is $4,700,000, translating to a land value of $41 per square foot. Utilities are conveniently located nearby, simplifying infrastructure connections. Its prime location offers easy access to major freeways, enhancing its appeal and potential for significant return on investment. The property is offered fee simple with APN 200-78-003-N. This is a rare opportunity to acquire a well-positioned, sizable commercial lot in a thriving Arizona market. Bring your offers and capitalize on this exceptional investment prospect.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$171,391
Hospitality
$156,993
Educational
$130,617
Medical
$135,109
Retail
$203,181
Location Insight
City
Peoria
County
Maricopa
State
Arizona
Latitude
33.6222
Longitude
-112.22
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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