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Commercial

4.59 Commercial Acres Off Interstate 10

W McDowell Rd, Avondale, AZ 85392

Listing Price: Request For Offer

Lot Size
4.59 acres
Land Type
Land

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale ± 4.59 vacant acres located west of the SWC of W. McDowell Road and N. 107th Avenue, Avondale, AZ 85392. The site is situated in the fast growing City of Avondale and strategically positioned within a desirable healthcare and retail corridor. It is located 1/3 mile from the Interstate 10 full diamond interchange & N. 107th Ave and has high visibility from I-10 with ADOT vehicles/day for 2023 of +/- 198k and 2043 forecast of 212k. There are +/- 18.5k vehicles/day on W. McDowell Road (CoStar 2022).

Per the General Plan, the property is designed as Freeway Commercial and currently zoned Planned Area Development (PAD) by the City of Avondale. Under the approved PAD, the following uses are permitted: Professional/Business/Medical/Dental Offices, Clinics, Laboratories, Surgery Center, Emergency Medical Care Facility (w/Helipad), Hospital Usage, Specialty Hospital, Pharmacy, Banks/Financial Institutions, Restaurant (no drive-thru permitted), Retail Sales of New Merchandise as well as Assisted Living Facility/Nursing/Convalescent Home/Long-Term Care Facility/Hospices/Group Care Facility.

The seller will NOT grant a buyer time to seek modifications to PAD, site plan, potential lot split or secure other government approvals.

This level rectangular shaped parcel has ± 260 feet of frontage on W. McDowell Road and is ± 750 feet deep. All utility locations, access and treatment capacity are to be verified by the buyer during due diligence.

Investment Highlights

  • • Growing Residential, Commercial and Employment Area
  • • I-10 Pylon Signage Available
  • • Fully Improved Site
  • • Avg HH Income $92k, $90k and $80k within a 2 mile, 5 mile and 10 mile radius, respectively (CoStar)
  • • 2023 Population 41k, 274k and 850k within 2 mile, 5 mile and 10 mile radius, respectively (CoStar)
  • • 2028 Projected Population 42k, 279k and 866k within 2 mile, 5 mile and 10 mile radius, respectively (CoStar)

Exclusively Listed By

Financing By

Commercial

4.59 Commercial Acres Off Interstate 10

Listing Price: Request For Offer

Lot Size
4.59 acres
Land Type
Land

Investment Highlights

  • • Growing Residential, Commercial and Employment Area
  • • I-10 Pylon Signage Available
  • • Fully Improved Site
  • • Avg HH Income $92k, $90k and $80k within a 2 mile, 5 mile and 10 mile radius, respectively (CoStar)
  • • 2023 Population 41k, 274k and 850k within 2 mile, 5 mile and 10 mile radius, respectively (CoStar)
  • • 2028 Projected Population 42k, 279k and 866k within 2 mile, 5 mile and 10 mile radius, respectively (CoStar)

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale ± 4.59 vacant acres located west of the SWC of W. McDowell Road and N. 107th Avenue, Avondale, AZ 85392. The site is situated in the fast growing City of Avondale and strategically positioned within a desirable healthcare and retail corridor. It is located 1/3 mile from the Interstate 10 full diamond interchange & N. 107th Ave and has high visibility from I-10 with ADOT vehicles/day for 2023 of +/- 198k and 2043 forecast of 212k. There are +/- 18.5k vehicles/day on W. McDowell Road (CoStar 2022). Per the General Plan, the property is designed as Freeway Commercial and currently zoned Planned Area Development (PAD) by the City of Avondale. Under the approved PAD, the following uses are permitted: Professional/Business/Medical/Dental Offices, Clinics, Laboratories, Surgery Center, Emergency Medical Care Facility (w/Helipad), Hospital Usage, Specialty Hospital, Pharmacy, Banks/Financial Institutions, Restaurant (no drive-thru permitted), Retail Sales of New Merchandise as well as Assisted Living Facility/Nursing/Convalescent Home/Long-Term Care Facility/Hospices/Group Care Facility. The seller will NOT grant a buyer time to seek modifications to PAD, site plan, potential lot split or secure other government approvals. This level rectangular shaped parcel has ± 260 feet of frontage on W. McDowell Road and is ± 750 feet deep. All utility locations, access and treatment capacity are to be verified by the buyer during due diligence.

Exclusively Listed By

Financing By

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