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502 N PALO VERDE Road 8, Buckeye, AZ 85396

$2,017,620
Property Type: Land Lot Size (sq. ft.): 201,726 Status: Active
Current Price: $2,017,620 List Date: 10/04/2024 Last Modified: 10/28/2025

Description

Excellent opportunity to develop commercial space in a vastly underserved part of West Buckeye.  Over 330' of Sun Valley Pkwy Frontage.  Ability to exclusively serve the entire localpopulation, including the sold out 2,918 lot Tartesso Community to the North, the 336 lot West Phoenix Estates community to the West, as well as the incoming 100,000 home Teravalis community, who'sresidents will all access their homes via the SunValley Pkwy. As of today, the entire existing localpopulation (approximately 10,000 people) travel toI-10 & Watson for the nearest commercial service.  Teravalis, formerly known as Douglas Ranch, began construction on 10/28/2022 and will reportedly create 1.5 jobs for every home.

More Information MLS# 6766759

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $2,017,620 List Price: $2,017,620 Status: Active List Date: 2024-10-04

Location, Tax & Legal

Lot #: 8 Assessor's Map #: 15 Legal Description (Abbrev): LOT 8 SWEETWATER ESTATES MCR 012632 Assessor's Parcel #: 40 Add'l Parcels: No Tax Municipality: Maricopa - COUNTY Census Tract: 50605 Taxes: 1862 House Number: 502 Compass: N Street Name: PALO VERDE St Suffix: Road City/Town Code: Buckeye State/Province: AZ Zip Code: 85396 Zip4: 5332 Country: US County Code: Maricopa Assessor Number: 504-15-040 Subdivision: SWEETWATER ESTATES Tax Year: 2023

General Property Description

Apx Total Acres: 4.63 Apx Total Acres G/N: G Price Per Acre: 435771.06 Apx SqFt: 201726 Price Per SqFt: 10 Apx SqFt G/N: G Lot Size Dimensions: IRR Elementary School District: Palo Verde Elementary District High School District: Buckeye Union High School District Zoning: RU-43, RC

Legal Info

Range: 4W Section: 5 Township: 1N Lot Number: 8

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 2017620 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

None: 1

Existing Land Use

Residential Lot: 1 Commercial Lot: 1 Residential Acreage: 1 Commercial Acreage: 1

Zoned Presently

Single Family: 1 Commercial: 1

Parcel Size

2.50 - 4.99 Acres: 1

Water Source

City Franchise: 1 Domestic Well: 1

Sewer

No Sewer/Septic: 1

Electric

APS: 1

Gas

None: 1

Distance to Cable

None: 1

New Financing

Cash: 1

Distance to Phone

None: 1

Distance to Water

On Property: 1

Distance to Electric

On Property: 1

Distance to Gas

None: 1

Distance to Sewer

None: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Remarks Misc

Cross Street: Sun Valley Pkwy & Van Buren St Geo Lat: 33.453097 Geo Lon: -112.678722

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot; Commercial Lot; Residential Acreage; Commercial Acreage Zoned Presently: Single Family; Commercial Parcel Size: 2.50 - 4.99 Acres Water Source: City Franchise; Domestic Well Sewer: No Sewer/Septic Electric: APS Gas: None Distance to Cable: None Distance to Phone: None Distance to Water: On Property Distance to Electric: On Property Distance to Gas: None Distance to Sewer: None New Financing: Cash Environmental: None Lockbox Type: None
Listing Office: Insight Land & Investments
IDX
Last Updated: October - 28 - 2025
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