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7.65 Acres on Indian School Rd 7.63 Acres of Commercial Land Offered at $5,001,996 CAD in Litchfield Park, AZ 85340



Investment Highlights
- 7.65 Acres for Sale (333,306 SF); Priced at $3,650,000 (+/- 10.95 psf)
- High property visibility with over 1,000 ft of street frontage on Indian School Rd
- High average HH Income of $116,805 in a 1-mile radius and $113,896 in a 3-mile radius
- Zoning: Palm Valley PAD & allows for C-2 uses
- Low 5-mile radius vacancy with Retail tracking at 3.4% and Office at 6.5%
- Strong population growth with a 5-mile annual growth rate of 2.3% from 2020 to 2024; 202,407 in a five-mile radius
Executive Summary
7.63 Acres in Litchfield Park/Avondale with ±1,000’ of frontage on the south side of Indian School Rd. The site is located in the Palm Valley Planned Area Development with an underlying zoning of C-2.
The site is ideal for retail, medical office, or a mixed use of each. High demand area for retail and medical office space, each with a highly limited inventory of both for lease and for sale product.
The site is ideal for retail, medical office, or a mixed use of each. High demand area for retail and medical office space, each with a highly limited inventory of both for lease and for sale product.
Property Facts Under Contract
| Price | $5,001,996 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 7.63 AC |
| Property Type | Land | ||
| Zoning | C-2 - Commercial, C-2 | ||
| Price | $5,001,996 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 7.63 AC |
| Zoning | C-2 - Commercial, C-2 |
1 Lot Available
Lot
| Price | $5,001,996 CAD | Lot Size | 7.63 AC |
| Price Per AC | $655,569.64 CAD |
| Price | $5,001,996 CAD |
| Price Per AC | $655,569.64 CAD |
| Lot Size | 7.63 AC |
Fairly walkable
50/100
Very drivable
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $294,893 CAD | Total Assessment | $294,893 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$294,893 CAD
Improvements Assessment
$0 CAD
Total Assessment
$294,893 CAD
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7.65 Acres on Indian School Rd
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