
Buckeye, AZ 85326
This Versatile Industrial-Residential Property is a Strong Value Opportunity, listed at $860,000—positioned above the $801,546 Fair Market Value. While priced at a premium, the property features a Condition Rating of 4, anchored by a massive 2,400 sq ft insulated workshop with 3-phase power and a functional casita. With 1 acre of land and No HOA, this asset provides rare operational flexibility for business owners. It is an ideal acquisition for Commercial-Residential Hybrid Users or Owner-Occupants seeking a high-utility, multi-purpose compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22102 W MEADE Lane Subject | $860,000* List Price | 3 | 2 | 2,037 | $393 | - |
A 22202 W HILTON Avenue Active | $619,995 List Price | 3 | 2 | 2,024 | $306 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1988 (36 years old), which typically places it in a dated category requiring cosmetic updates to the kitchen and bathrooms. However, it avoids a 'poor' rating due to significant investments in systems and infrastructure, including a permitted 2,400 sq ft insulated workshop with 3-phase power, updated HVAC/Mastercool systems, and a functional casita.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44776, living area = 2037.
The property features a massive 2,400 sq ft spray-foam insulated workshop equipped with 3-phase power, a 700 sq ft mezzanine, and a dedicated AC office, making it ideal for commercial use or serious hobbyists.
Situated on a full acre with no restrictive HOA, this property offers unparalleled freedom for vehicle storage, business operations, and future expansion that is rare in the Phoenix metro area.
Built in 1988, the primary 3-bedroom home may require modern cosmetic updates and energy-efficiency upgrades to align with the high-end utility of the newer outbuildings.
The premium list price is heavily driven by specialized industrial improvements, which may limit the buyer pool to a specific niche of business owners rather than traditional residential families.
Endless possibilities await on this truly one-of-a-kind 1-acre property--offering a home, an incredible workshop setup, and space to bring your vision to life with NO HOA! The 3-bedroom, 2-bath residence is paired with an impressive permitted 2,400 sq ft spray foam insulated workshop designed for serious work, hobbies, storage, or business use. The workshop includes a 700 sq ft mezzanine, 270 sq ft air-conditioned office, 3-phase power inverter, 100 amp sub-breaker from the home, Mastercool evaporative cooling system, and a 12-foot roll-up door for added functionality. Attached is a comfortable casita complete with heating and air conditioning. Additional features include an outdoor covered kitchen, extended garage with added tool storage, compressed air lines to both the workshop and garage, a 1,200 sq ft awning on a cement pad, an additional 900 sq ft awning, and a large Conex storage container. Whether you envision a home business, hobby space, entertaining retreat, or future expansion, this unique property delivers flexibility, functionality, and opportunity unlike anything else!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,037 | - |
| Lot Size | 44,776 | - |
| Price | $860.0K | $389.9K |
| Price per sq ft | $422 | $202 |
| Built year | 1988 | 0 |
| HOA | $0 | $0 |
| Days on market | 34 | 2438 |
Jun 19, 2026
$860,000
Initial Listing