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Investment Highlights

  • ±0.93-acre commercial land parcel
  • Prime Carefree location
  • Access to 64 shared parking spaces via easement, enhancing buildable area and site efficiency
  • High-visibility frontage on Cave Creek Rd with strong traffic exposure
  • Flexible development opportunity for retail or office use

Executive Summary

A rare opportunity to own a well-located commercial parcel in the Carefree area. This ±0.93-acre parcel is strategically positioned within a high-income, demand-driven trade area, offering strong frontage and consistent visibility that supports long-term value. The site’s configuration allows for flexible planning and a range of commercial development opportunities, making it well-suited for investors and developers seeking to capitalize on continued growth in the surrounding area. The property also benefits from an easement providing access to 64 existing parking spaces within the adjacent shopping center, allowing for more efficient site utilization and increased buildable area. This property presents a compelling opportunity for future value creation.

Property Facts

Price $1,170,875 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
Total Lot Size 0.93 AC
No. Stories 1
Zoning C-2

1 Lot Available

Lot

Price $1,170,875 CAD
Price Per AC $1,259,005.43 CAD
Lot Size 0.93 AC

Lot features direct frontage along Cave Creek Road, offering strong visibility and flexible development potential.

Description

A rare opportunity to own a well-located commercial parcel in the Carefree area. This ±0.93-acre parcel is strategically positioned within a high-income, demand-driven trade area, offering strong frontage and consistent visibility that supports long-term value. The site’s configuration allows for flexible planning and a range of commercial development opportunities, making it well-suited for investors and developers seeking to capitalize on continued growth in the surrounding area. This property presents a compelling opportunity for future value creation.

Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
216-23-097
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$40,052 CAD
  • Listing ID: 40047303

  • Date on Market: 2026-04-06

  • Last Updated:

  • Address: 7200 E Cave Creek Rd, Carefree, AZ 85377

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