The Location
A Crossroads, Not a Cul-de-Sac.
Cordes Junction is where Interstate 17 meets State Route 69 — the route that connects Phoenix directly to Prescott and the Verde Valley. I-17 itself links two of the Southwest's primary transcontinental interstates, I-10 and I-40, making this corridor one of the most heavily traveled non-urban routes in the region.
ADOT data puts traffic at the interchange north of 40,000 vehicles per day when you combine I-17 mainline traffic with SR-69 traffic. This isn't a quiet backroad — it's a functioning artery for the entire central Arizona region, and Cordes Lakes sits directly off it.
The Infrastructure
ADOT Already Made the Investment.
The Cordes Junction interchange underwent a major reconstruction — a roughly $51 million project that rebuilt the original 1960s-era interchange to handle modern traffic volumes. The work included new bridges over I-17, new ramps separating through-traffic from local traffic, two new roundabouts, and the construction of Arcosanti Road along with realignment of Copper Star Road and Stagecoach Trail.
Infrastructure investment at this scale is typically a leading indicator, not a lagging one. ADOT doesn't spend tens of millions of dollars rebuilding an interchange unless they expect traffic — and the development that follows it — to keep growing.
The Opportunity
Low Entry Cost. Real Asset.
Unlike speculative paper investments, land is a physical asset you hold outright with no ongoing carrying costs beyond minimal property tax — typically under $150/year on these parcels. There's no mortgage, no tenant, no maintenance. You own the dirt.
Low Annual Carrying Cost
Property taxes on these lots run roughly $90–$140/year. No HOA fees, no mortgage if purchased with cash.
No Landlord Headaches
Raw land has no tenants, no repairs, no vacancy. It sits and appreciates while you wait.
Multiple Exit Strategies
Hold for appreciation, build a home, or resell — zoning supports site-built, manufactured, and in some lots, multi-family use.
Limited Supply, Growing Corridor
Cordes Lakes is a finite, platted subdivision — not endless desert. Available lots get scarcer as more sell.
Common Questions
FAQ
Why is Cordes Junction considered a growth area?
It sits at the intersection of I-17 and SR-69, the main route connecting Phoenix to Prescott and northern Arizona. The interchange carries over 40,000 vehicles per day and recently underwent a roughly $51 million ADOT reconstruction to handle increasing traffic volumes.
Is land in Cordes Lakes a good investment?
Raw land in a growth corridor with low carrying costs (no mortgage, minimal property tax, no HOA) can be a reasonable way to hold an appreciating asset without the management burden of rental property. As with any land investment, returns depend on future development and are not guaranteed.
What's the cost to hold a lot long-term?
Annual property taxes on these parcels typically run $90–$140 per year, with no HOA fees. There are no other carrying costs if purchased with cash.
Can I build on these lots now?
Yes. Most lots are zoned for site-built single family homes (R1L-10, R1L-12), some allow manufactured or mobile homes (R1-10), and select lots allow multi-family development (R2-4). APS electric and Liberty Utilities water are available; septic is required since there's no sewer.
Get In on Cordes Junction Land Early.
31 lots available, prices starting at $12,000. No HOA, no financing contingencies — just land.