8645 W OLIVE Avenue K, Peoria, AZ 85345 (MLS# 6802658)

8645 W OLIVE Avenue K, Peoria, AZ 85345

$650,000
Property Type: Land Lot Size (sq. ft.): 67,628 Status: Closed
Current Price: $650,000 List Date: 1/09/2025 Last Modified: 8/15/2026

Overview

Description

So many possibilities with this one, rezoned O1 commercial! Currently owned by the religious facility next door, owners would like to sell both lots together if possible. Please refer to MLS#6802572 for more info.

Listing Details MLS# 6802658

Location, Tax & Legal

House Number
8645
Compass
W
Street Name
OLIVE
St Suffix
Avenue
City/Town Code
Peoria
State/Province
AZ
Zip Code
85345
Zip4
7041
Country
US
County Code
Maricopa
Assessor Number
142-34-002
Tax Year
2024
Lot #
K
Assessor's Map #
34
Assessor's Parcel #
2
Add'l Parcels
No
Tax Municipality
Maricopa - COUNTY
Taxes
0

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
1.5
Apx Total Acres G/N
N
Price Per Acre
466666.67
Apx SqFt
67628
Price Per SqFt
10.35
Apx SqFt G/N
N
Lot Size Dimensions
APX 285 x 225
Horses
N
Zoning
O1 COMMERCIAL
Flood Zone
No

Remarks Misc

Cross Street
Olive Ave. and 85th
Directions
Going North on the 101, exit at Olive and head east, lot will be on the right.

Status Change Info

Off Market Date
2026-02-23
Under Contract Date
2026-02-14
Close of Escrow Date
2026-08-14

Legal Info

Township
3N
Range
1E
Section
34
Lot Number
K

More Information

Showing Notification Methods

Showing Service
Aligned Showings
No Notification Required to Show
Yes

Sold Info

Loan Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
%
Seller Concession $/%
%
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Special Listing Cond

N/A
Yes

Pmt & Rate Info

Equity
700000
Total Owed
0

Assoc/Prop Info

HOA Y/N
N
PAD Fee Y/N
N
Assessed Balance
0
HOA 2 Y/N
N

Lockbox Type

None
Yes

Existing Land Use

Commercial Lot
Yes

Zoned Presently

Commercial
Yes

Parcel Size

1.00 - 2.49 Acres
Yes

Land Configuration

Square Rectangular
Yes

Road Surface Type

Asphalt
Yes

Road Responsibility

City Maintained Road
Yes

Traffic Count

Unknown
Yes

Water Source

Private
Yes

Freeway/Highway

Up to 1 Mile
Yes

Sewer

Sewer - Public
Yes

Electric

None
Yes

Topography

Level
Yes

Gas

None
Yes

Existing Structures

Other
Yes

Distance to Cable

Within 1/2 Mile
Yes

New Financing

Cash
Yes

Distance to Phone

Within 1/2 Mile
Yes

Distance to Water

On Property
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

Under 350 Feet
Yes

Distance to Gas

Call Listing Office
Yes

Distance to Sewer

On Property
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Special Listing Cond: N/A Existing Land Use: Commercial Lot Zoned Presently: Commercial Parcel Size: 1.00 - 2.49 Acres Land Configuration: Square Rectangular Road Surface Type: Asphalt Road Responsibility: City Maintained Road Traffic Count: Unknown Topography: Level Existing Structures: Other Water Source: Private Sewer: Sewer - Public Electric: None Gas: None Distance to Cable: Within 1/2 Mile Distance to Phone: Within 1/2 Mile Distance to Water: On Property Distance to Electric: Under 350 Feet Distance to Gas: Call Listing Office Distance to Sewer: On Property Existing 1st Loan: Treat as Free&Clear New Financing: Cash Environmental: None Showing Notification Methods: No Notification Required to Show Lockbox Type: None
IDX
Listing Office: Opportunity 2 Own Real Estate
Last Updated: August - 15 - 2026
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