Listed by Colliers - Phoenix, Arizona
Unpriced
State Route 85 and Broadway Road
Details
APN 504-27-006M; 504-27-017Q; 504-27-017R; 504-27-017T
Property Type Land
Sub Type Commercial
Acreage 5.58 - 48.09
Zoning Annexation underway. Industrial with business overlay.
Land
Marketing description
Improvements in the area include Interstate 10 expansion, and planning efforts for Interstate 11 and SR-30. Interstate 10 plans include the expansion between Verrado Way and State Route 85 and pavement rehabilitation. ADOT’s expansion plans include adding a lane of travel in each direction and improving the Miller Road and Watson Road Interchanges. Pavement rehabilitation will concentrate along the I-10 for the 6 miles west of SR-85. The I-11 is a planned inter-mountain west corridor that will connect Arizona to Nevada. The grander vision for I-11 is to become a CANAMEX corridor connecting Canada to Mexico, although planning efforts are still in the early stages. Located east of the property is the planned State Route 30, envisioned to connect SR 85 to Loop 202 and designed to relieve traffic from Interstate 10. Acquisitions are currently underway on the easternmost portions of SR-30.
Investment highlights
- Tract 1 & 2
- Parcel #s 504-27-006M & 504-27-017Q
- Proposed Uses – Multifamily, Build to Rent, Industrial, Retail, Storage, and Hospitality
- Located in Opportunity Zone
- Tract 3
- Parcel # 504-27-017R
- Proposed Uses – Multifamily, Build to Rent, Industrial, Retail, Storage, and Hospitality
- Located in Opportunity Zone
- Tract 4
- Parcel # 504-27-017T
- Proposed Uses – Retail, Hospitality, Storage, Multifamily, Build to Rent, Industrial
- Located in Opportunity Zone
- MC 85 Frontage
- Located along MC-85 with 1 mile of frontage
- ±2.5 miles to I-10 and MC-85 interchange
- ±5 hour drive to Southern California
- I-1 Zoning Capability
- Multiple access points
Listing Contacts
Listed by Colliers - Phoenix, Arizona
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