Investment Overview

Marcus & Millichap is pleased to exclusively present for sale +/- 2 prime acres in Cave Creek, Arizona. This vacant and level commercial development site has +/-330 feet of frontage on East Carefree Highway and +/- 265 feet of frontage on N 49th Street. The subject property is located just west of the Cave Creek Road and Carefree Highway intersection, the area’s busiest intersection. The property is located in a trade area with major brands including Fry’s Marketplace, Home Depot, Harbor Freight, Verizon, Lowe’s, Walmart, Sprouts Farmer’s Market, Starbucks, Dutch Bros, Tractor Supply, Auto Zone, Jiffy Lube, Dunn-Edwards Paint, Burger King, Firehouse Subs Abrazo micro-hospital and many others. The surrounding area continues to experience the construction of several higher end single family residential communities as well ongoing commercial development. Per the General Plan, the property may be rezoned to Commercial Buffer (CB); General Commercial zoning is prohibited under the Carefree Highway Specific Area Plan Overlay. The site is located near the Town of Cave Creek water and sewer lines in Carefree Highway. Buyer to verify all utility access, location and treatment capacity issues during due diligence.