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$2,017,620
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Property 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.
Full Property Details
Full Property Details for 502 N Palo Verde Rd #8
General
- Price: $2,017,620
- Taxes: $1,862 (2023)
- Status: Active
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6766759
- Updated: 10/28/2025
- Added to Site: 471 day(s) ago
Location
- County: Maricopa
- Township: 1N
- Subdivision: SWEETWATER ESTATES
- Cross Streets: Sun Valley Pkwy & Van Buren St
Utilities
- Dist. to Gas: None
- Dist. to Electric: On Property
- Dist. to Sewer: None
- Water: Domestic Well, City Franchise
- Dist. to Water: On Property
- Well: Yes
- Dist. to Telecomm: None
Lot Features
- Lot Size (Acres): 4.63
- Lot Size (Sq. Ft.): 201,726
- Lot Dimensions: IRR
- Zoning: RU-43, RC
Financial Considerations
- Tax Amount: $1,862
- Tax Year: 2023
- Terms: Cash
Disclosures and Reports
- Legal Description: LOT 8 SWEETWATER ESTATES MCR 012632
- Property ID: 504-15-040
- Range: 4W
- Section: 5
- Lot Number: 8
Listed by Insight Land & Investments
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Schools
Schools serving 502 N Palo Verde Rd #8
School Districts:Palo Verde Elementary District, Buckeye Union High School District
| Name | Grades | Distance |
|---|---|---|
Palo Verde Elementary School 10700 South Palo Verde Road, Palo Verde, AZ 85343 | K-8 | 7.1 mi |
Buckeye Union High School 902 East Eason Avenue, Buckeye, AZ 85326 | 9-12 | 8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 502 N Palo Verde Rd #8
Date
Details
Price
Change
Source
10/04/2024
Listed
$2,017,620
468.34%
MLS
8/03/2022
Sold
$355,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 502 N Palo Verde Rd #8
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,945
1%
$23,756
-21%
2024
$1,917
3%
$30,032
55%
2023
$1,862
6%
$19,400
-7%
2022
$1,759
—
$20,930
48%
2022
$1,759
-2%
$14,100
14%
2021
$1,799
3%
$12,320
-14%
2020
$1,750
-1%
$14,300
2%
2019
$1,773
15%
$13,970
1%
2018
$1,536
5%
$13,860
-2%
2017
$1,461
—
$14,170
-10%
2016
$1,460
6%
$15,730
25%
2015
$1,374
2%
$12,540
14%
2014
$1,347
16%
$11,030
23%
2013
$1,159
—
$8,980
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 502 N Palo Verde Rd #8
502 N Palo Verde Road #8, Buckeye, AZ 85396 (MLS# 6766759) is a Lots/Land property with a lot size of 4.63 acres. 502 N Palo Verde Road #8 is currently listed for $2,017,620 and was received on October 04, 2024. Want to learn more about 502 N Palo Verde Road #8? Do you have questions about finding other Lots/Land real estate for sale in Buckeye? You can browse all Buckeye real estate or contact a Coldwell Banker agent to request more information.

