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Commercial

2.50 Acres on N Lake Pleasant Parkway

23333 N Lake Pleasant Pkwy, Peoria, AZ 85383

Listing Price: Request For Offer

Lot Size
2.50 acres
Land Type
Land

Investment Overview

Marcus & Millichap is pleased to present for sale ± 2.50 acre property located in the rapidly growing North Peoria area of the Phoenix metro area. The property is located about 300 feet south of the N Lake Pleasant Parkway and W Pinnacle Peak Valley Road intersection. The area around the subject property is currently experiencing significant commercial and residential development. There are 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 ± 368 feet of frontage on N Lake Pleasant Parkway. The site has level topography with municipal water and sewer lines located in N Lake Pleasant Parkway. The City of Peoria' 2040 General Plan designates the area for Office & Local Commercial uses. Under the Office & Local Commercial category Zoning Districts O-1, PC-1, PC-2, and C-1 uses are permitted. These uses includes administrative and professional office, clinics, neighborhood scale retail, dining and services. In some cases Conditional Use Permits may be required. The property is currently zoned AG by the City of Peoria. Seller will grant buyer reasonable time period for government approvals.

Investment Highlights

  • 2040 General Plan Permitted Uses - Office & Local Commercial Zoning Districts O-1, PC-1, PC-2 and C-1
  • 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 Average Age is Approx. 40
  • Seller is flexible and will consider subdividing site, or doing build to suit for buyer.
  • Growing Residential and Commercial Area

Exclusively Listed By

Commercial

2.50 Acres on N Lake Pleasant Parkway

Listing Price: Request For Offer

Lot Size
2.50 acres
Land Type
Land

Investment Highlights

  • 2040 General Plan Permitted Uses - Office & Local Commercial Zoning Districts O-1, PC-1, PC-2 and C-1
  • 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 Average Age is Approx. 40
  • Seller is flexible and will consider subdividing site, or doing build to suit for buyer.
  • Growing Residential and Commercial Area

Investment Overview

Marcus & Millichap is pleased to present for sale ± 2.50 acre property located in the rapidly growing North Peoria area of the Phoenix metro area. The property is located about 300 feet south of the N Lake Pleasant Parkway and W Pinnacle Peak Valley Road intersection. The area around the subject property is currently experiencing significant commercial and residential development. There are 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 ± 368 feet of frontage on N Lake Pleasant Parkway. The site has level topography with municipal water and sewer lines located in N Lake Pleasant Parkway. The City of Peoria' 2040 General Plan designates the area for Office & Local Commercial uses. Under the Office & Local Commercial category Zoning Districts O-1, PC-1, PC-2, and C-1 uses are permitted. These uses includes administrative and professional office, clinics, neighborhood scale retail, dining and services. In some cases Conditional Use Permits may be required. The property is currently zoned AG by the City of Peoria. Seller will grant buyer reasonable time period for government approvals.

Exclusively Listed By

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