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Commercial

1.46 Acres N Lake Pleasant Parkway

23553 N Lake Pleasant Pkwy, Peoria, AZ 85383

Listing Price: $875,000

Lot Size
1.46 acres
Price/Acre
$599,315
Land Type
Land

Investment Overview

Marcus & Millichap is pleased to present this ± 1.64 acre property located in the rapidly growing North Peoria area of the Phoenix metro area. The property is 3/4 mile south of the North Lake Pleasant Parkway and West Happy Valley Road intersection, a major retail area. It is less than 1/4 mile north of the North Lake Pleasant Parkway and West Pinnacle Peak Road intersection, which is currently experiencing significant commercial development. The area around the property has many planned and existing residential developments, including the popular upscale master planned communities of Westwing Mountain and the Estates at The Meadows. Area annual household incomes are approximately $100,000 and median home values are nearly $350,000. The property has approximately 360 feet of frontage on North Lake Pleasant Parkway. It has level topography with municipal water and sewer lines located in North Lake Pleasant Parkway. The property is currently zoned SR-43 by the City of Peoria. Seller will grant buyer reasonable time period for government approvals.

Investment Highlights

  • Growing residential and commercial area
  • 360 ft of frontage on N. Lake Pleasant Parkway perfect for retail, coffee/fast food and medical office use
  • Daily vehicle count +/- 21,200
  • Strong demographics - population expected to grow by 10% by 2025 and avg age of approx. 40

Exclusively Listed By

Commercial

1.46 Acres N Lake Pleasant Parkway

Listing Price: $875,000

Lot Size
1.46 acres
Price/Acre
$599,315
Land Type
Land

Investment Highlights

  • Growing residential and commercial area
  • 360 ft of frontage on N. Lake Pleasant Parkway perfect for retail, coffee/fast food and medical office use
  • Daily vehicle count +/- 21,200
  • Strong demographics - population expected to grow by 10% by 2025 and avg age of approx. 40

Investment Overview

Marcus & Millichap is pleased to present this ± 1.64 acre property located in the rapidly growing North Peoria area of the Phoenix metro area. The property is 3/4 mile south of the North Lake Pleasant Parkway and West Happy Valley Road intersection, a major retail area. It is less than 1/4 mile north of the North Lake Pleasant Parkway and West Pinnacle Peak Road intersection, which is currently experiencing significant commercial development. The area around the property has many planned and existing residential developments, including the popular upscale master planned communities of Westwing Mountain and the Estates at The Meadows. Area annual household incomes are approximately $100,000 and median home values are nearly $350,000. The property has approximately 360 feet of frontage on North Lake Pleasant Parkway. It has level topography with municipal water and sewer lines located in North Lake Pleasant Parkway. The property is currently zoned SR-43 by the City of Peoria. Seller will grant buyer reasonable time period for government approvals.

Exclusively Listed By

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