20 Acre Development Opportunity in Phoenix, AZ submarket

6748 W Baseline Rd Laveen, AZ 85339

FOR SALE
Property Type:
Other Land
Amount:
$14,288,540
Last Verified:
Jan 24, 2023

Highlights

  • Very few large commercial opportunities west of Loop 202
  • Numerous new residential developments in area
  • Baseline Road is a major thoroughfare with center turn lane
  • Water and electricity on each individual parcel
  • Easy access to Loop 202

Description

Incredible opportunity to develop approximately 20 acres of R43 land within one mile of Loop 202. Potential for multi-family - mixed use - commercial or industrial with 180 feet of frontage along Baseline Road. A 2020 study by Maricopa Association of Governments projected a 34% population increase over 15 years for Laveen. Pre Salt River Project water rights and electricity on all four parcels. Don't miss this chance to make your mark in the southwest Phoenix valley.

Steeped in natural beauty and agricultural heritage, Laveen Village has been long valued by farmers, equestrians, and those looking for solitude or easy mountain access. This Village, nestled between South Mountain and the Salt River, attracts residents for its rural character, community-focused traditions and the abundance of recreational amenities. The growth the area has experienced provides needed amenities while maintaining a rural, easy living flair. With its proximity to downtown and the new 202 South Mountain Freeway Extension, additional opportunities for commercial and residential development, weaved with elements of area's agrarian heritage, abound.

Building Size: 0sq ft
Lot Size: 23.43 acres


Documents

Brochure (L)

Map of 6748 W Baseline Rd, Laveen, AZ, 85339

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.