Thunderbird Road east of El Mirage Road

Posted by City of El Mirage, AZ

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Development Site

Development Opportunity

Size

7.86 acres

Ownership

Privately Owned

Availability

For Sale Ground Lease

In Opportunity Zone

No
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Site Description

6.8 acre site on new improved road.  Excellent retail/office opportunity.  Fantastic price for local market.  Growing community and great opportunity to build before it develops. Note- restrictions on residential and multi-family development. This could be a great area for a shopping center, medical, financial services, neighborhood market... The City has needs for restaurants, coffee shops, entertainment, sports bar... No Development Impact Fees, shovel ready, new infrastructure, priced to sell.

Documents

General/Comprehensive Plan Designation

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Master Plan/Specific Plan

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Zoning Designation

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Height Limits

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Floor to Area Ratio (FAR)

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Dwelling Units per Acre

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Parking Requirement

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Other Requirement

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Fast Track Approval

Accelerated permitting

Community Support

Strong support for restaurant and neighborhood services.

Political Support

strong support for retail application or office.

Other Incentives

No Development Impact Fees or additional construction sales tax.

Tax Credit

Property in Opportunity zones and New Market Tax Credits.

Reduced Fees

No Development Impact Fees or additional construction sales ax.

Costs

Lowest cost for prime frontage.

Fee Schedule

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Transportation Investment

New road improvements to include transit style lighting, buried utilities, bike lanes, traffic lights, center islands.

Infrastructure

property is shovel ready.

Private Investment

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Local Development Trends & Market Indicators

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12121 W Thunderbird Rd, Phoenix, AZ 85335

7.86 acres (342366.55 sqft)
Owner
EL MIRAGE PROPERTY INC
8585 E BELL RD STE 104, None, SCOTTSDALE AZ 85260
Details
APN: 50136282G
For Sale
Ground Lease

Contact Thomas Doyle

Thomas (from City of El Mirage, AZ) has more details.

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Created on August 23rd, 2017 (last updated 5 months ago)