Historical Land Sale Listing - Thunderbird Frontage

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Thunderbird Frontage

SW corner of Thunderbird and 91st Ave, Peoria, AZ 85381

N/A

9.15 AC | Land

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Land - Off Market

Price:
N/A
Lot Size:
9.15 AC
Property Type:
Land
Property Sub-type:
Multifamily (land)
Additional Sub-types:
Office (land)
Residential (land)
APN / Parcel ID:
200-79-013G
Zoning Description:
C-3
Listing ID
14997025
Last Updated
over 1 year ago

Highlights

  • Options for use
  • Current plans for approx 100 Condo units with 18000 Sq. Ft. Retail
  • Medical Office Oportinity
  • Perfect location for assisted living facility

Description

Thunderbird Village, a fully entitled 212-unit Seniors Housing development opportunity in Peoria, Arizona. The new PAD zoning will allow flexibility for Assisted and Independent Living. The site is ideally located near Sun City, Del Webb' s world-renowned retirement community. Close proximity to newly developed retail and amenities, as well as the area' s demand for Luxury Senior housing will establish Thunderbird Village as a strong performing asset. The continuing need for resort-style retirement facilities in the Phoenix Metropolitan Area and the improving dynamics of the cities of Peoria and Glendale will help solidify the value of Thunderbird Village as it becomes a stabilized investment.
Thunderbird Village is uniquely positioned for the current state of the Real Estate Market in the Phoenix Metropolitan area. Luxury Senior Housing is a sector with increasing demand and currently demand outpaces the projected supply for years to come, making it a sector with available financing options. The majority of competing properties have a business plan that involves a resident buy in to the property as well as monthly rental fees. While the existing properties have experienced waiting

Approximately one and one half miles West of 101 on Thunderbird at the Southeast corner of 91st Avenue. Frontage on Thunderbird this property is in close proximaty to the Peoria Sports Compex, walk the bike paths to the new Peoria Park, close to Glendale Stadium.

Map of SW corner of Thunderbird and 91st Ave, Peoria, AZ 85381 (Maricopa County)

Research for SW corner of Thunderbird and 91st Ave, Peoria, AZ 85381 (Maricopa County)

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