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Investment Highlights
- 12.47 acre level site with 1320’ frontage and 3 points of ingress and egress
- Less than 5 miles from $165 Billion Taiwan Semiconductor Plant with thousands of planned residential units underway nearby
- Just minutes from the exclusive towns of Carefree, Cave Creek and North Scottsdale
- Extremely high barriers to entry with no planned self-storage projects nearby
- Tremendous demand for drive-up and ground level storage
Executive Summary
EXECUTIVE SUMMARY
An extraordinary opportunity to acquire a strategically positioned self-storage and flex showroom development site along the Carefree Highway corridor, one of the fastest-growing regions in the Phoenix metro area. This project is professionally designed with visibility, access, and functionality in mind. It includes over 500 drive-up storage units and a dynamic showroom/office component to support community and small business users.
Situated on a 12.47-acre parcel within an unincorporated Maricopa County Island, the property benefits from an active zoning case requesting C-2/C-3 commercial entitlements, offering flexible future uses and a streamlined path to vertical development. With entitlements well underway and site planning complete, the project is nearly shovel-ready — allowing a new owner to accelerate timelines and capture near-term market demand.
The site lies just minutes from the $100 billion Taiwan Semiconductor Manufacturing Company (TSMC) campus, placing it in the path of explosive industrial and residential growth.
An extraordinary opportunity to acquire a strategically positioned self-storage and flex showroom development site along the Carefree Highway corridor, one of the fastest-growing regions in the Phoenix metro area. This project is professionally designed with visibility, access, and functionality in mind. It includes over 500 drive-up storage units and a dynamic showroom/office component to support community and small business users.
Situated on a 12.47-acre parcel within an unincorporated Maricopa County Island, the property benefits from an active zoning case requesting C-2/C-3 commercial entitlements, offering flexible future uses and a streamlined path to vertical development. With entitlements well underway and site planning complete, the project is nearly shovel-ready — allowing a new owner to accelerate timelines and capture near-term market demand.
The site lies just minutes from the $100 billion Taiwan Semiconductor Manufacturing Company (TSMC) campus, placing it in the path of explosive industrial and residential growth.
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Property Facts
1 Lot Available
Lot
| Price | $6,358,000 | Lot Size | 12.47 AC |
| Price Per AC | $509,863.67 |
| Price | $6,358,000 |
| Price Per AC | $509,863.67 |
| Lot Size | 12.47 AC |
Located at the NEC of 12th Street and Carefree Highway. 1,320 feet of frontage on Carefree Highway
Description
Key Features ±12.47 acres of prime development land Approved plans for ±500 drive-up self-storage units ±42,000 SF of office/showroom space fronting Carefree Highway Three points of ingress/egress from Carefree Hwy and internal roads Attractive elevations and scenic landscaping in compliance with scenic corridor overlay Thoughtfully designed layout with buffering and low-density traffic impact
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Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $66,626 | Total Assessment | $66,626 |
Property Taxes
Parcel Numbers
Land Assessment
$66,626
Improvements Assessment
$0
Total Assessment
$66,626
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12th & Carefree Hwy
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