3030 N 68th St - Old Town Scottsdale Redevelopment Opportunity
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3030 N 68th St - Old Town Scottsdale Redevelopment Opportunity
0.39 - 0.52 Acre Commercial Land Lots Offered at $1,300,000 - $1,700,000 Per Lot in Scottsdale, AZ 85251
Investment Highlights
- A once-in-a-lifetime chance to purchase land perfect for a multifamily, townhome, or single-family micro-community.
- One of the few available redevelopment sites left in Scottsdale — Old Town Scottsdale Redevelopment Opportunity has three properties available.
- On the edge of Old Town, near trendy local restaurants and shopping districts like The Mission, Arcadia Farms Café, and the Scottsdale Fashion Square.
- Less than 10 minutes from Loop 202 and in proximity to Loop 101, making it highly accessible to the surrounding Scottsdale and Phoenix areas.
- Demographics include over 277,886 residents with a median age of 35 years and an average household income of $99,509 within 5 miles.
Executive Summary
Scottsdale Redevelopment Opportunity is a rare offering to purchase three properties located north of the northwest corner of 68th Street and Thomas Road. This excellent opportunity is ideal for an in-fill development of a micro-community of multifamily, townhomes, and single-family residences. Most parcels have existing buildings on the lot that need demolition. Once demolished, the properties will be flat vacant land with access to utilities. These properties are zoned (C-1).
Nestled between Old Town, Hotel Row, Skysong, and Arcadia, this offering is centrally located in a trendy neighborhood in the heart of Scottsdale. This area offers boutique and luxury shopping options, lively bars, historical museums, and top-notch restaurants that many locals love to frequent. The site's convenient access to Loop 101 and 202 makes for a quick trip to Downtown Phoenix for residents who commonly commute to work or play. In sought-after downtown Scottsdale, these properties are surrounded by a multitude of residential homes, top-rated schools, and office complexes, and they rarely ever have an open, developable parcel. Don't miss the chance to develop on one of the few available redevelopment sites near Old Town Scottsdale.
Nestled between Old Town, Hotel Row, Skysong, and Arcadia, this offering is centrally located in a trendy neighborhood in the heart of Scottsdale. This area offers boutique and luxury shopping options, lively bars, historical museums, and top-notch restaurants that many locals love to frequent. The site's convenient access to Loop 101 and 202 makes for a quick trip to Downtown Phoenix for residents who commonly commute to work or play. In sought-after downtown Scottsdale, these properties are surrounded by a multitude of residential homes, top-rated schools, and office complexes, and they rarely ever have an open, developable parcel. Don't miss the chance to develop on one of the few available redevelopment sites near Old Town Scottsdale.
Sale Flyer
Property Facts
| Price | $1,300,000 - $4,300,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | |
| No. Lots | 3 | Total Lot Size | 1.30 AC |
| Price | $1,300,000 - $4,300,000 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 3 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.30 AC |
3 Lots Available
Lot 1
| Price | $1,300,000 | Lot Size | 0.39 AC |
| Price Per AC | $3,333,333 |
| Price | $1,300,000 |
| Price Per AC | $3,333,333 |
| Lot Size | 0.39 AC |
3030 North 68th Street is on the southwest corner of 68th Street and E Avalon Drive. This parcel spans 16,960 square feet with an existing 2,627-square-foot freestanding building.
Lot 2
| Price | $1,300,000 | Lot Size | 0.39 AC |
| Price Per AC | $3,333,333 |
| Price | $1,300,000 |
| Price Per AC | $3,333,333 |
| Lot Size | 0.39 AC |
6739 East Avalon Drive is a vacant lot just west of the southwest corner of 68th Street and E Avalon Drive. This parcel is 16,960 square feet.
Lot 3
| Price | $1,700,000 | Lot Size | 0.52 AC |
| Price Per AC | $3,269,231 |
| Price | $1,700,000 |
| Price Per AC | $3,269,231 |
| Lot Size | 0.52 AC |
3030 North 67th Place contains a 6,169-square-foot dental building on a 22,639-square-foot lot. This parcel is on the southwest corner of 67th Place and E Avalon Drive.
Walk Score ®
Very Walkable (73)
Bike Score ®
Biker's Paradise (95)
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Domino’s | - | - | 4 min walk |
| Burger King | - | - | 5 min walk |
| Oscar's Taco Shop | Mexican | $ | 13 min walk |
| Whataburger | - | - | 13 min walk |
| Lo-lo's Chicken & Waffles | - | - | 13 min walk |
| Taco Bell | Fast Food | - | 13 min walk |
| McDonald's | - | - | 14 min walk |
| US Egg All American Cookery | American | $ | 15 min walk |
| Dutch Bros Coffee | Cafe | $ | 16 min walk |
| Panda Express | - | - | 16 min walk |
Retail |
||
|---|---|---|
| Chase Bank | Bank | 14 min walk |
| Albertsons | Supermarket | 17 min walk |
| Bowelro | Bowling/Billiards | 17 min walk |
| Walgreens | Drug Store | 18 min walk |
| Staples | Office Supply | 17 min walk |
| Massage Envy | Massage | 17 min walk |
| YouFit Gyms | Fitness | 18 min walk |
| F45 Training, Inc. | Fitness | 22 min walk |
Hotels |
|
|---|---|
| Canopy by Hilton |
177 rooms
3 min drive
|
| Courtyard |
180 rooms
3 min drive
|
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $91,621 | Total Assessment | $294,591 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$91,621
Improvements Assessment
$0
Total Assessment
$294,591
zoning
| Zoning Code | C-1 (Commercial) |
| C-1 (Commercial) |
Sale Advisors
Sale Advisors
Paul Blum, Sales Grinder
(602) 369-7575
Contact
Paul has been helping real estate investors for over 40 years. First as an attorney in New York, and since 1985, as a developer, and real estate agent in Arizona. He stays attuned to the marketplace so that he can help his clients nimbly capitalize on market trends.
Recently, he has focused on land, and includes among his clients, the City of Phoenix whom he helps sell excess land, and helps vendors of TSMC buy land to help service what will be the world’s largest semi-conductor plant.
During the real estate boom of the early 2000’s, he carved a niche for himself selling and leasing office condos, and medical and dental properties. He was proud to have represented Suncor, who was at the time the largest publicly held developer in Arizona. In the course of representing Suncor, he marketed Palm Valley Professional Plaza which was awarded NAIOP’s Small Office Project of the Year.
In 2012 he brokered the largest office lease in Metropolitan Phoenix, in which he represented District Medical Group in connection with its facility for Children’s Rehabilitative Services. The transaction comprised 56,000 square feet, for a term of 11 years with a value of approximately $13.5 Million. This transaction also won the RED award for being the best adaptive re-use of space.
He is the author of several articles including “Yes Virginia, Office Condos Still Make Sense which appeared in the Spring 2009 State Bar of Arizona Real Estate Journal. He achieved the prestigious CCIM designation in 2002 (a designation which is held by only 6% of the commercial real estate brokers in the United States) and served on the Board of the CCIM Arizona Chapter. He is a protégé of Roger Fisher, author of “Getting to Yes”, who made the phrase “win-win negotiations” famous.
Recently, he has focused on land, and includes among his clients, the City of Phoenix whom he helps sell excess land, and helps vendors of TSMC buy land to help service what will be the world’s largest semi-conductor plant.
During the real estate boom of the early 2000’s, he carved a niche for himself selling and leasing office condos, and medical and dental properties. He was proud to have represented Suncor, who was at the time the largest publicly held developer in Arizona. In the course of representing Suncor, he marketed Palm Valley Professional Plaza which was awarded NAIOP’s Small Office Project of the Year.
In 2012 he brokered the largest office lease in Metropolitan Phoenix, in which he represented District Medical Group in connection with its facility for Children’s Rehabilitative Services. The transaction comprised 56,000 square feet, for a term of 11 years with a value of approximately $13.5 Million. This transaction also won the RED award for being the best adaptive re-use of space.
He is the author of several articles including “Yes Virginia, Office Condos Still Make Sense which appeared in the Spring 2009 State Bar of Arizona Real Estate Journal. He achieved the prestigious CCIM designation in 2002 (a designation which is held by only 6% of the commercial real estate brokers in the United States) and served on the Board of the CCIM Arizona Chapter. He is a protégé of Roger Fisher, author of “Getting to Yes”, who made the phrase “win-win negotiations” famous.
Rebecca Roberts, Commercial Sales and Leasing
(602) 791-6262
Contact
Rebecca grew up in a family that developed, constructed and owned mobile home parks. While other girls may have had pristine chores, Rebecca’s responsibilities included driving a backhoe and other construction duties. Continuing with her entrepreneurial upbringing she has owned a manufactured housing dealership as well as a mortgage brokerage.
Since 2012 her focus turned to being a commercial real estate broker. To serve her clients, Rebecca combines her strong roots in the West Valley with an indefatigable drive to cold call prospects. As a result of her background, she frequently works with landowners and business owners.
Rebecca is proud that she has been chosen as the exclusive Buyer’s representative for an RNR Tires franchisee in their expansion into Arizona. In the course of this representation she has helped them lease facilities, buy shopping centers and explored ground-up buildings.
Since 2012 her focus turned to being a commercial real estate broker. To serve her clients, Rebecca combines her strong roots in the West Valley with an indefatigable drive to cold call prospects. As a result of her background, she frequently works with landowners and business owners.
Rebecca is proud that she has been chosen as the exclusive Buyer’s representative for an RNR Tires franchisee in their expansion into Arizona. In the course of this representation she has helped them lease facilities, buy shopping centers and explored ground-up buildings.
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Paul Blum -
Rebecca Roberts -
West USA Commercial
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