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Arizona Avenue & Riggs Rd 1.7 Acres of Industrial Land Offered at $2,195,000 in Chandler, AZ 85248

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INVESTMENT HIGHLIGHTS

  • ±1.7 Acres (±74,010 SF) with ±269’ frontage
  • It can be stepped down to a Commercial zoning
  • Utilities are updated within the past 13 years
  • IND-2 zoning in which it’s the highest and best zone, with broad permitted uses
  • Surrounded by strong retail anchors and high traffic counts

EXECUTIVE SUMMARY

Prime Chandler Corner Lot – Where Visibility Meets Opportunity. Imagine your business at the crossroads of Arizona Ave & Riggs Rd — one of Chandler’s most visible and fastest-growing intersections. This 1.7-acre parcel isn’t just raw land!! It’s a blank canvas with unmatched potential, sitting right next to Circle K and across from McDonald’s.
The owner is open to a fair Joint Venture where he provides the land, and you, as a partner, would develop and operate it, or lease it to a reputable, profitable business, sharing the income for both parties.
This land has 269 feet of frontage on Arizona Ave by 275' in depth, by 275' in depth. It has easy shared access from both streets, Arizona Ave and Riggs Road. The IND-2 zoning has great uses, from light industrial and flex uses to a range of IND-1 compatible developments, and it is open to commercial use as a PAD zone for more business choices.
Utilities are already updated and located on Arizona Ave. This site is a natural fit for businesses that thrive on visibility, accessibility, and growth.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $2,195,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Industrial Park
  • Research and Development
  • Warehouse
Total Lot Size 1.70 AC
Zoning IND-2 - Industrial District (I-2), which can also be stepped down to a Commercial zoning,

1 LOT AVAILABLE

Lot 1

Price $2,195,000
Price Per AC $1,291,909.06
Lot Size 1.70 AC

Land on Arizona Ave, S. of Riggs Rd, in Chandler, Arizona 85248, USA Please see the red box "PDF" below for county land zone uses.

DESCRIPTION

269.13 feet long on Arizona Ave. by 275.03 feet in depth. Less than 400 feet south of Riggs Rd, This vacant land has never been developed. and it allows for so many different uses to list. All utilities are on the front of the property on Arizona Ave (on our Side of the street). Please, read the above PDF marked in a red box (PDF). Investment Options: • Lease for $$ .... Negotiable • or Own for $ ..... Negotiable • or We are open to a fair Joint Venture where we provide the land, and you, as a partner, would provide a reputable, profitable business, sharing income for both parties. This is more than land — it’s the foundation for your next success story.

DEMOGRAPHICS

REGIONAL ACCESSIBILITY

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Phoenix
1,660,272
37
0 h 50 m
Las Vegas
644,644
326
6 h 38 m
San Diego
1,425,976
359
6 h 31 m
Los Angeles
3,990,456
407
7 h 28 m
El Paso
682,669
414
7 h 14 m
Albuquerque
560,218
423
8 h 2 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
497,296
Total Labor Force
279,660
Unemployment Rate
2.58%
Median Household Income
$101,860
Warehouse Employees
44,216
High School Education Or Higher
95.30%

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
303-58-024B
Land Assessment
$56,441
Improvements Assessment
$0
Total Assessment
$56,441
  • Listing ID: 21623384

  • Date on Market: 11/30/2020

  • Last Updated:

  • Address: Arizona Avenue & Riggs Rd, Chandler, AZ 85248

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