Listed by Phoenix Commercial Advisors
$1,400,000
56th St & Ray Rd
Details
Property Type Land
Sub Type Commercial
Acreage 0.680
Zoning PAD
Land | 0.68 acres
Marketing description
For Sale
Location Description
Strategic Location: Situated adjacent to The Shoppes at Casa Paloma, this property boasts high visibility and accessibility, with proximity to major transportation routes including I-10 and Loop 202, facilitating seamless connectivity throughout the Phoenix metropolitan area.
Investment highlights
- Established Commercial Corridor: The area is a thriving commercial hub, home to major corporations such as Intel, Northrop Grumman, and Wells Far - go, contributing to a robust economic environment that supports retail growth.
- Versatile Zoning (PAD): The property benefits from (PAD) zoning, allowing for a customizable mix of commercial, retail, office, medical, or specialty uses. This flexibility enables developers and investors to tailor site plans to specific tenant needs or market demands, streamlining entitlements while maintaining alignment with Chandler’s general plan.
- Utilities & Infrastructure: The site is fully equipped with essential utilities, including sewer, water, electricity, gas, streets, curb/gutter/sidewalk, and parking lot- streamlining the development process.
- Growing Population & Income Levels: Chandler’s population exceeds 280,000, with a median household income of ±$104,906 with in a 3-miles, indicating a strong consumer base with substantial purchasing power.
Listing Contacts
Listed by Phoenix Commercial Advisors
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?








