Freeway Land Site in Goodyear

Phoenix Trotting Park 1068 N Cotton Ln Goodyear, AZ 85338

  • 194.32 Acres
  • Land
  • For Sale

Summary Description

Land site is 194.32 acres in size and was originally the site of a horse racing park, which was built in 1964 and demolished in 2017. Site is located at 1068 N. Cotton Lane in Goodyear, at the southwest corner of Interstate 10 and Loop 303. Price is $24 million.

Potential uses include, but are not limited to, shopping and entertainment, business park, commercial, office, warehouse/distribution, regional hospital, light industrial and high-density residential (as an ancillary use).

Dual frontage along Interstate 10 and Loop 303 provides excellent drive-by visibility and accessibility.

The Phoenix Trotting Park in Goodyear is located in the western portion of the Phoenix metro area. While the subject property is in located in one of the metro area’s western suburbs, the site has outstanding access to local freeways, allowing much of the area workforce to commute easily to or from the location.

Workforce population is fairly limited in the immediate vicinity of the location, but there is a total daytime population of more than 240,000 within a 20-minute drive of the property and more than 1 million within a 30-minute drive of the Cotton Lane location.

The site is served by both Interstate 10 and the expanding Loop 303. Many of the major employers in the immediate vicinity of the Trotting Park are large distribution centers. The strong transportation infrastructure in this area, coupled with access to Southern California markets, Mexico and other prominent West/Southwest markets, makes the area a natural fit for these types of employers.

Companies such as Amazon, Dick’s Sporting Goods, Macy’s, and Conn’s all have large presences within a few miles of the site; and REI and Michael Lewis Companies each have projects that employ between 100-125 employees at each location.

One of the largest public economic engines in the state of Arizona is approximately 10 minutes from the Trotting Park. Luke Air Force base is the largest military installation in Arizona, employing more than 8,000; serving more than 100,000 base personnel, military families and retirees; and having an economic impact of more than $2.1 billion annually.

In addition to the existing transportation infrastructure already in place, the Trotting Park will benefit from another large-scale infrastructure program that is just getting under way. The extension of the Loop 202 will connect the Interstate 10 between 55th and 63rd avenues. The freeway will be the last piece to complete the local freeway system. This extension of the freeway will connect the Southwest Valley to the Southeast Valley by looping around the congestion of the city core and Airport area. 

Price: $24,000,000.00

Lot Size: 194.32 Acres

Area Available: 194.32 Acres

Water

24” line in Van Buren St

Sewer

24” line in Van Buren St

Zoning

AG, PAD, in Goodyear General Plan for Business & Commerce

Features:

  • Goodyear is strategically located near airports, freeways and rail, giving your company access to national and international markets
  • Phoenix-Goodyear Airport offers an 8,500-foot runway, capable of handling 747 jet liners, corporate and private aircraft
  • Phoenix Sky Harbor International Airport is within 30 minutes of Goodyear
  • Via Interstate 10, Goodyear is only six hours to the Port of Los Angeles and major southern California markets
  • The Loop 303, connecting to Interstates 10 and 17, creates excellent transportation and employment opportunities in Goodyear
  • Goodyear offers attractive incentives for your business to reduce costs, including major property tax savings with qualifying programs, such as Foreign Trade, Military Reuse and Redevelopment Zones.—City of Goodyear
  • Manufacturing company Huhtamaki purchased a former Rubbermaid facility on Cotton Lane in Goodyear and is expected to create approximately 300 jobs by 2021
  • Cardinal Glass, a glass manufacturing company moved into a facility in Buckeye, bringing 100 workers, with plans to add another 700,000 square feet to its facility and bring on additional workers in the years ahead.
  • UPS moved into a 618,000-square foot facility in mid-2017, which will expand to nearly 1 million square feet in the year ahead. By end of 2019, UPS forecasts the facility will employ 500 full-time and 1,000 part-time workers.
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