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27 E Baseline Rd
Phoenix, AZ 85042
Fully Improved Zoned C-2 Best Suited for Retail/MF · Land For Sale · 0.50 AC

Investment Highlights

  • Fully improved vacant commercial half acre lot FOR SALE at $700,000. This lot is also available FOR LEASE at $5,000/month NNN.
  • Adjacent to new ''end-of-line'' light rail station (opens early June 2025).
  • All utilities are located in Baseline Rd adjacent to this lot.
  • This lot is zoned C-2. Retail PAD or Office PAD in a great location for a drive-through retail user, retail store or medical office.
  • Great marketing window with 40,620 VPD on Baseline Rd.
  • There is another 0.34-acre parcel adjacent to this property that might be available to acquire if you need slightly more land to develop.

Executive Summary

FOR SALE or FOR LEASE. Fully improved vacant commercial half acre lot FOR SALE at $700,000. This lot is also available FOR LEASE at $5,000/month NNN. This lot is zoned C-2. Retail PAD or Office PAD in a great location for a drive-through retail user, retail store or medical/professional office. Potential to rezone for multi-family housing. Adjacent to new ''end-of-line'' light rail station. Great marketing window with 40,620 VPD on Baseline Rd. All utilities are located in Baseline Rd adjacent to this lot. There is another 0.34-acre parcel adjacent to this property that might be available to acquire if you need slightly more land to develop.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Multifamily
  • Medical
  • Restaurant
Total Lot Size 0.50 AC
Zoning C-2 - Commercial

1 Lot Available

Lot 3 & 4

Price $700,000
Price Per AC $1,400,000.00
Lot Size 0.50 AC

Fully improved vacant commercial half acre lot FOR SALE at $700,000. This lot is zoned C-2. Retail PAD or Office PAD in a great location for a drive-through retail user, retail store or medical/professional office. Near new light rail station.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 300-42-004
  • 300-42-003
Land Assessment
$24,759
Improvements Assessment
$0
Total Assessment
$24,759
  • Listing ID: 31072600

  • Date on Market: 2/28/2024

  • Last Updated:

  • Address: 27 E Baseline Rd, Phoenix, AZ 85042

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