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1305 Central Ave - Crystal Cove Apartments 10.59 Acres of Commercial Land Offered at $8,492,313 CAD in Avondale, AZ 85323



Executive Summary
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Property Facts
| Price | $8,492,313 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 10.59 AC |
| Property Type | Land |
| Price | $8,492,313 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 10.59 AC |
1 Lot Available
Lot
| Price | $8,492,313 CAD | Lot Size | 10.59 AC |
| Price Per AC | $801,918.09 CAD |
| Price | $8,492,313 CAD |
| Price Per AC | $801,918.09 CAD |
| Lot Size | 10.59 AC |
Description
Located along the high-visibility Central Avenue corridor in Avondale’s established West Valley submarket, the site offers immediate access to I-10, Loop 101, retail (Walmart, Sprouts, Costco ~2–6 miles), employment nodes, and daily conveniences. Strong surrounding residential and commercial density, combined with excellent traffic counts, supports leasing velocity and long-term value. This is a de-risked, time-to-market opportunity. Buyers avoid years of entitlement risk and cost escalation. With Phoenix metro multifamily deliveries projected to drop sharply in 2026 (down ~50% from delivery peaks), this site positions the buyer to capture the market’s inflection point, delivering new product precisely when supply pressure eases and demand from sustained population and job growth accelerates absorption.
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1305 Central Ave - Crystal Cove Apartments
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