www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
11460348
11460347

Ocotillo Road & Schnepf Road, San Tan Valley, AZ 85140

BR
AZ SA525461000
Velocity Retail Group
DP
AZ SA500425000
Velocity Retail Group
DC
AZ BR021114000, AZ SA023889000
Velocity Retail Group
Listed by Velocity Retail Group
Unpriced
1087 days on market
Updated 57 days ago

Ocotillo Road & Schnepf Road (1 acre to 1.42 acres)

Details
Property Type Land
Sub Type Commercial
Acreage 1 - 1.42
Zoning CB-2

Land

Marketing description

2 commercial pads situated in North San Tan Valley and is located at the southeast corner of Ocotillo Road and Schnepf Road. Ocotillo Road is a main east / west arterial for this burgeoning trade area with traffic counts of 30,000 cars per day.

The pads are located two miles to the east of a recently developed Safeway shopping center at the northwest corner of Ironwood Drive. The grocery store was highly anticipated by the residents who previously traveled into Queen Creek or farther south into San Tan Valley to fulfill their daily needs shopping. Ironwood Drive connects north to the planned extension of Highway 24, connecting San Tan Valley residents to the Loop 202 Freeway, and all areas of Metropolitan Phoenix.

The pads are located just 11 miles from Phoenix / Mesa Gateway Airport, which currently offers flights to more than 47 destinations by five different airlines, including a number of flights to Canada. The airport has experienced rapid growth and has marked 12 consecutive months of year-over-year passenger growth, and the fifth consecutive month of record-setting passenger activity.

Average household incomes within 5 miles of the site are $78,000, and incomes within 10 miles are $87,500. Housing units have increased over 4% every year since 2010, and is projected to continue to increase at this rate through 2023.
Population within 10 miles of the site is 232,000 with an estimated annual growth of 3% per year through 2023. This area has experienced explosive growth since 2000, and is still known for affordable housing options.

Current zoning for the pads are CB-2 which is a General Business Zone. This designation allows for a wide array of business uses and unprecedented number of prospective uses for either pad.

Investment highlights

  • Burgeoning trade area with high residential growth
  • Price: ±1.42 Acres: $620,000
  • ±1.00 Acres: $525,000
  • Housing units have increased 4% every year since 2010
  • Population within 10 miles is 232,000
  • Annual population growth projected to be 3% per year through 2023
  • Zoning CB-2 General Business Zone which includes a wide variety of uses

Listing Contacts

BR
AZ SA525461000
Velocity Retail Group
DP
AZ SA500425000
Velocity Retail Group
DC
AZ BR021114000, AZ SA023889000
Velocity Retail Group
Listed by Velocity Retail Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591