SELLER FINANCING AVAILABLE. Commercial corner lot consisting of 2.26+/- acres situated adjacent to the future multi-phased Master Planned Community (MPC) known as Tierra Montana MPC. The property is located at the northwest corner of South 51st Avenue and West Elliot Road, which is the outbound commute corner (going home corner). South 51st Avenue is a well traveled thoroughfare with daily vehicle counts exceeding 14,000. The ideal location coupled with ingress/egress off of South 51st Avenue and West Elliot Road provides great opportunity for development within a growing area.
Details
This land is zoned Commercial C-1, allowing for district - neighborhood retail and customer service business that is compatible with nearby residential districts. This corner lot offers opportunity for commercial development such as a Gas Station, Convenience Store, Retail Drug Store, and/or Mini-Mart Liquor Sales build-out.
Two homebuilders, Taylor Woodrow Homes and Blandford Homes, have a combined 290 acres or 1,160 future home sites planned for the immediate area surrounding this commercial, corner lot. Final planning has been completed. The south side of West Elliot Road is paved with sidewalks and sewer in place. As these phases progress, South 51st Avenue will be widened into eight lanes and West Elliot Road will be expanded to five lanes.
Approximately two miles west of the property will be the future 202 freeway, a 22-mile loop that will wrap around the Mountain Park Ranch and the foothills, traveling north to connect again to Interstate 10. Freeway 202 will allow traffic from Tucson to bypass downtown congestion and connect to Interstate 10 around 67th Avenue. Construction of this freeway is scheduled to begin in 2013.
Approximately two miles north of the property is Baseline Road, a significant, well-established east-west arterial. This intersection is home to big box retail, numerous national in-line tenants and single-and multi-tenant centers. South of Baseline Road is home to established and new single-family residential, which extends up to the property's neighboring parcels.
Note: A Buyer’s Premium (Buyer’s Fee in WI) will apply for this property. Please see Terms of Sale for details.
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304888 00---CL/09-2010
Broker Licenses
NW Corner Of S 51st Ave And W Elliot Rd Phoenix, AZ 85339
NW Corner Of S 51st Ave And W Elliot Rd Phoenix, AZ 85339
Each high bidder must make a 10% ($2,500 MINIMUM - whichever is greater) non-refundable deposit per property immediately following auction. Cash, cashier's checks, and personal checks (electronically processed) are accepted.
A 3% Buyers premium apply to this property .
30 DAY CLOSING FROM DATE OF AUCTION.
Septic Inspection. Buyer acknowledges that a state mandated septic inspection may be required prior to conveyance of the Property. If required, Buyer understands that Seller will order the inspection, and the inspection must be completed prior to closing. Buyer agrees to comply with all requirements to obtain any necessary permits, and shall make arrangements to correct any noted violations at Buyers expense, accepting all responsibility for any remediation, fees, or terms required. Buyer is responsible for submitting a notice of transfer form within 15 days of closing. Buyer acknowledges and understands that neither Seller, Williams & Williams, nor its agents make any assertions or guarantees as to the condition of any septic system, and Buyer is purchasing this property as-is, where-is.
AZ Broker: Burris, Hennessy & Co Re Lic CO 001718000
W. TIM BURRIS, Broker. (520) 303-5612. Lic.# BR007552000