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30092494
30092495

N John Wayne Pkwy, Maricopa, AZ 85138

AR
AZ BR530400000, AZ
Marcus & Millichap - Phoenix
MF
AZ 012923000
Marcus & Millichap - Phoenix
Listed by Marcus & Millichap - Phoenix
Unpriced
94 days on market
Updated 94 days ago

7.14 Acres N John Wayne Parkway, Maricopa, Az

Details
APN 512-04-007B, 510-22-014D & 510-20-015K
Property Type Land
Sub Type Commercial
Acreage 7.140
Zoning CB-2

Land | 7.14 acres

Marketing description

Marcus and Millichap is pleased to exclusively market for sale ± 7.14 acres strategically located at high traffic and high visibility area at the NEC of N. John Wayne Parkway (State Route 347) & W. Honeycutt Road, Maricopa, Arizona 85138. The City of Maricopa (Pinal County) is located approximately 16 miles west of the Interstate 10 and about a 30 minute drive to Tempe, Chandler and Ahwatukee area of the City of Phoenix.

Currently, the site is zoned General Business (CB-2), a carryover from Pinal County, which essentially translates to City of Maricopa’s General Commercial (GC) zoning. The site offers a prime opportunity for commercial development with ± 860 linear feet of frontage on N. John Wayne Parkway ideal for a wide variety of retail and commercial uses. It also falls within the Heritage District Overlay that is presently a city strategic community priority to continue developing and revitalizing this destination area.

The property is irregularly shaped with level topo and rough graded. The northern portion of the property is the widest point at ± 490 ft deep and tapers to ± 225 ft near the southern portion the site with an ± 90 ft wide access point to/from W. Honeycutt Road. The 2025 daily vehicle count was ± 32.6k on N. John Wayne Parkway and ± 10.1k on W. Honeycutt Road (CoStar). The 2024 population within 5 miles of the site, was estimated to be ± 69.2k in 2024 and is expected to increase to ± 81.5k by 2029 or nearly 18% (CoStar).

The Global Water Resources is the water and sewer provider for the area in which the property is located. All utility locations, line and treatment capacity and access to be verified by a buyer during due diligence.

Seller will grant a qualified buyer reasonable time for due diligence and to seek government approvals.

Investment highlights

  • High Visibility Site at Signalized Hard Corner Nearly 33k Vehicles/Day.

  • 7+ Acres in Heart of N. John Wayne Parkway Commercial Corridor.

  • Zoned General Business (CB-2) Permits: Grocery Store, Furniture Store, Hardware Store, Movie Theater, Hotel, Gas Station, Auto Services, Bank, Restaurants, Office, Day Care, etc.

  • City of Maricopa Has Seen Over a 45% Population Increase Since the 2020 Census.

  • Growing Trade Area – Anticipated 18% Population Growth from 2024 to 2029.

  • Strong Demographics: Median Age 35 and Avg Household Income Nearly $110k.

Listing Contacts

AR
AZ BR530400000, AZ
Marcus & Millichap - Phoenix
MF
AZ 012923000
Marcus & Millichap - Phoenix
Listed by Marcus & Millichap - Phoenix

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