Fern Valley RoadPhoenix, OR97535
$110,000
1 total units
0 sq. ft
5.53 acres
Zoning: C-T
473 days on market
VestorFilter™
Recent price drop$3,000
Price per acre$19.9K/ac
Time on market473 days
Property Description
This property is on offer for a long term commercial ground lease. 2.36 acres of prime freeway-frontage land at the Phoenix I-5 interchange. Great access and superior visibility. This is an outstanding location for a fuel center or a flag Hotel. Ground Lease pricing based on $25/sq foot value at a 4% return.
Financial Data
Price ChangeDropped $3,000 on 04/17/2024
Total $7,000 increase
Total $7,000 increase
Original Price$103,000
Current Price$110,000
Property Taxes$15,324
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Home Facts
StatusActive
Year Built2023
MLS ID220157688
