Share This Listing

Message

959 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

12th & Carefree Hwy 12.47 Acres of Commercial Land Offered at $8,875,260 CAD in Desert Hills, AZ 85086

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 12.47 acre level site with 1320’ frontage and 3 points of ingress and egress
  • Less than 5 miles from $165 Billion Taiwan Semiconductor Plant with thousands of planned residential units underway nearby
  • Just minutes from the exclusive towns of Carefree, Cave Creek and North Scottsdale
  • Extremely high barriers to entry with no planned self-storage projects nearby
  • Tremendous demand for drive-up and ground level storage

EXECUTIVE SUMMARY

EXECUTIVE SUMMARY
An extraordinary opportunity to acquire a strategically positioned self-storage and flex showroom development site along the Carefree Highway corridor, one of the fastest-growing regions in the Phoenix metro area. This project is professionally designed with visibility, access, and functionality in mind. It includes over 500 drive-up storage units and a dynamic showroom/office component to support community and small business users.
Situated on a 12.47-acre parcel within an unincorporated Maricopa County Island, the property benefits from an active zoning case requesting C-2/C-3 commercial entitlements, offering flexible future uses and a streamlined path to vertical development. With entitlements well underway and site planning complete, the project is nearly shovel-ready — allowing a new owner to accelerate timelines and capture near-term market demand.
The site lies just minutes from the $100 billion Taiwan Semiconductor Manufacturing Company (TSMC) campus, placing it in the path of explosive industrial and residential growth.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $8,875,260 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Self Storage
  • Warehouse
Total Lot Size 12.47 AC
Cross Streets Carefree Hwy
Zoning Pending C-2 or C-3 - Pending C-2 or C-3

1 LOT AVAILABLE

Lot

Price $8,875,260 CAD
Price Per AC $711,728.92 CAD
Lot Size 12.47 AC

Located at the NEC of 12th Street and Carefree Highway. 1,320 feet of frontage on Carefree Highway

DESCRIPTION

Key Features ±12.47 acres of prime development land Approved plans for ±500 drive-up self-storage units ±42,000 SF of office/showroom space fronting Carefree Highway Three points of ingress/egress from Carefree Hwy and internal roads Attractive elevations and scenic landscaping in compliance with scenic corridor overlay Thoughtfully designed layout with buffering and low-density traffic impact

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 211-52-002A
  • 211-52-077
Land Assessment
$93,949 CAD
Improvements Assessment
$0 CAD
Total Assessment
$93,949 CAD
  • Listing ID: 30996033

  • Date on Market: 2024-02-19

  • Last Updated:

  • Address: 12th & Carefree Hwy, Desert Hills, AZ 85086

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}