7841 Thunderbird RdPeoria, AZ 85381

  • Commercial land
  • 917 SF
For Sale
$4,700,000 View listing

Property Details for 7841 Thunderbird Rd

Year built
1956
Lot size
5.09 AC
Property size (Sq ft)
917 SF
Zone code
C-C
Property type
Commercial land
APN
200-78-003M
APU
20078003M

Description

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

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
2016
-
$94,095
-
$94,095
-
$627,300
-
$627,300

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