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52 N Meridian Dr

0.81 Acres of Commercial Land Offered at $1,025,000 in Apache Junction, AZ 85120

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Investment Highlights

Redevelopment opportunity within close proximity to Downtown Phoenix, the Heard Museum, and Superstition Mountains.

Building on site has been recently improved with interior finishings, a new roof, and an upgraded A/C system.

Executive Summary

Remodeled house can be used as an office with a large fenced yard. Land asset with redevelopment opportunity for multifamily, commercial, retail, and/or residential development. 52 N Meridian Drive. Tenants and investors can enjoy the emerging tech scene in Downtown Phoenix, the cultural attractions of the Heard Museum, and the outdoor recreation opportunities at Superstition Mountains.

52 N Meridian Rd_SL

Property Facts

Price	$1,025,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Office Multifamily Apartment Units Storefront, Retail or Office Storefront, Retail or Residential
No. Lots	1	Total Lot Size	0.81 AC
Property Type	Land

Price	$1,025,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Multifamily Apartment Units Storefront, Retail or Office Storefront, Retail or Residential
Total Lot Size	0.81 AC

1 Lot Available

Lot

Price	$1,025,000	Lot Size	0.81 AC
Price Per AC	$1,265,432

Price	$1,025,000
Price Per AC	$1,265,432
Lot Size	0.81 AC

Graded lot with 1,144 square feet of building improvements. The fully graded with gravel (57 rock) for dust control along with a 6' perimeter wall. Opportunity for multifamily, commercial, retail, and/or residential development/redevelopment.

Description

Remodeled house can be used as an office with a large fenced yard. Fully graded land asset with redevelopment opportunity for multifamily, commercial, retail, and/or residential development.

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