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7.65 Acres on Indian School Rd 7.65 Acres of Commercial Land Offered at $3,650,000 in Litchfield Park, AZ 85340
INVESTMENT HIGHLIGHTS
- 7.65 Acres for Sale (333,306 SF); Priced at $3,650,000 (+/- 10.95 psf)
- High property visibility with over 1,000 ft of street frontage on Indian School Rd
- High average HH Income of $116,805 in a 1-mile radius and $113,896 in a 3-mile radius
- Zoning: Palm Valley PAD & allows for C-2 uses
- Low 5-mile radius vacancy with Retail tracking at 3.4% and Office at 6.5%
- Strong population growth with a 5-mile annual growth rate of 2.3% from 2020 to 2024; 202,407 in a five-mile radius
EXECUTIVE SUMMARY
7.65 Acres in Litchfield Park/Avondale with ±1,000’ of frontage on the south side of Indian School Rd. The site is located in the Palm Valley Planned Area Development with an underline zoning of C-2.
The site is ideal for retail, medical office, or a mixed use of each. High demand area for retail and medical office space, each with a highly limited inventory of both for lease and for sale product.
The site is ideal for retail, medical office, or a mixed use of each. High demand area for retail and medical office space, each with a highly limited inventory of both for lease and for sale product.
PROPERTY FACTS
| Price | $3,650,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 7.65 AC |
| Zoning | C-2 - Commercial, C-2 | ||
| Price | $3,650,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 7.65 AC |
| Zoning | C-2 - Commercial, C-2 |
1 LOT AVAILABLE
Lot
| Price | $3,650,000 | Lot Size | 7.65 AC |
| Price Per AC | $477,124.18 |
| Price | $3,650,000 |
| Price Per AC | $477,124.18 |
| Lot Size | 7.65 AC |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $215,186 | Total Assessment | $215,186 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$215,186
Improvements Assessment
$0
Total Assessment
$215,186
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7.65 Acres on Indian School Rd
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