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8355 W Palm Ln 6.34 Acres of Commercial Land Offered at $5,500,000 in Phoenix, AZ 85037
INVESTMENT HIGHLIGHTS
- Flexible Purchase Options
- Economic Drivers
- Market Appeal
- Streamlined Development
EXECUTIVE SUMMARY
Utilities are on-site, with completed curb, gutter, and off-site improvements, reducing upfront development costs and timelines.
Please Contact Zack Mishkin for more information on this property.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $5,500,000 | Lot Size | 6.34 AC |
| Price Per AC | $867,507.89 |
| Price | $5,500,000 |
| Price Per AC | $867,507.89 |
| Lot Size | 6.34 AC |
1844 N 83rd Ave: 4.26 acres 8535 W Palm Lane: 2.08 acres
DESCRIPTION
EXCLUSIVELY REPRESENTED BY ORION INVESTMENT REAL ESTATE'S ZACK MISHKIN. Located in West Phoenix, 1844 N 83rd Ave (4.26 acres) and 8355 W Palm Ln (2.08 acres) offer a combined 6.34-acre development opportunity zoned C-2, ideal for multifamily, retail, medical, or build-to-rent uses. The properties sit along a high-traffic corridor with ± 38,069 VPD and are just 1.5 miles from Banner Estrella Medical Center and minutes from I-10, providing excellent visibility, access, and connectivity. Fully approved construction plans for a 138-unit apartment community and existing on-site infrastructure significantly streamline development timelines and reduce upfront costs. The flexible zoning supports a wide range of commercial and residential uses, aligning with Phoenix’s growing demand for mixed-use projects. Offered at $5.5 million, this investment presents a rare opportunity in a rapidly expanding submarket.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $224,910 | Total Assessment | $224,910 |
PROPERTY TAXES
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8355 W Palm Ln
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