Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    El Mirage Retail Opportunity Title is generated by Realmo AI

    11817 W Thunderbird Rd, El Mirage, AZ

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail property for sale in a growing Phoenix trade area.

    Type:RETAIL
    Property size:
    2,303 SF
    Lot size:
    0.37 Acres
    Price / SF:
    $343/SF
    Added:
    Sep 24, 2025
    Days on Market:
    235
    Last Refresh:
    Apr 5 at 10:27 pm

    Property Features for 11817 W Thunderbird Rd

    General Information

    Standard status
    Active
    Size
    2,303 SF
    Lot size
    0.37 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Grant Ziegler

    Listing agent Grant Ziegler

    Listing office Marcus & Millichap | Phoenix

    Listing date Sep 24, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Phoenix

    HighLights

    • Highly visible location immediately off U.S. Highway 60.
    • Accessible by a combined ±73,000 cars per day.
    • Growing trade area with ±19,800 residents within a one‑mile radius.
    • Convenience store real estate and business for sale.
    • Located in the Phoenix MSA.

    Overview

    This retail property is located in the Phoenix MSA. The surrounding trade area is experiencing growth, with approximately 19,800 residents within a one-mile radius. The property benefits from a highly visible location along Thunderbird Road, situated immediately off U.S. Highway 60. Accessibility is enhanced by a combined traffic count of approximately 73,000 cars per day. The property is suitable for use as a convenience store.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LibertyX Bitcoin ATM Atm Star Mini Mart Grocery & Convenience Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • carniceria sahuayo — 12465 NW Grand Ave, El Mirage, AZ 85335

    Location Insight

    • Map
    • Local Demand
    City
    El Mirage
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.315
    Latitude
    33.6087

    Nearby Similar for Sale

    • $350,000

      El Mirage Multifamily Home

      Multifamily property with separate living spaces, ideal for investment.
      13705 N Pablo Street, El Mirage, AZ 85335
      View Details
    • $615,999

      Triplex Residence in El Mirage

      Triplex with modern amenities, excellent location, and investment potential.
      12925 W GREENWAY Road, El Mirage, AZ 85335
      View Details
    • $424,827
      1,686 SF

      Turnkey Restaurant in El Mirage

      Freestanding, fully equipped restaurant in a high-traffic location.
      11709 W Thunderbird Rd, El Mirage, AZ 85335
      View Details
    • $375,000

      El Mirage Multifamily Property

      Multifamily property with versatile floor plan and income potential.
      13210 N B Street, El Mirage, AZ 85335
      View Details
    • Contact for pricing
      2,303 SF

      El Mirage Convenience Store For Sale

      Convenience store in growing Phoenix suburb, includes real estate/business.
      11817 W Thunderbird Rd, El Mirage, AZ 85335
      View Details
    • $590,000
      4,200 SF

      El Mirage Industrial Property For Sale

      Industrial property in a strategic West Valley location.
      11713 W Thunderbird Rd, El Mirage, AZ 85335
      View Details
    • Contact for pricing
      49,166 SF

      Retail PAD Available For Sale

      Last retail pad available in El Mirage, fully improved.
      13775 N Dysart Rd, El Mirage, AZ 85335
      View Details
    • $1,990,000
      4,400 SF

      El Mirage Warehouse For Sale

      4,400 square foot warehouse property in El Mirage, Arizona.
      12301 W Butler Dr, El Mirage, AZ
      View Details
    • Contact for pricing
      216,688 SF

      El Mirage Industrial Property

      Industrial property in El Mirage, approximately 216,688 square feet.
      9755 N El Mirage Rd, El Mirage, AZ
      View Details
    • Contact for pricing
      284,421 SF

      Modern Logistics Warehouse in El Mirage

      Class A industrial building with expressway access and labor pool.
      N Dysart Rd, El Mirage, AZ
      View Details
    • Contact for pricing
      520,787 SF

      Modern Logistics Warehouse in El Mirage

      Class A industrial building with expressway access and labor pool.
      Northern Pkwy, El Mirage, AZ
      View Details
    • Contact for pricing
      694,395 SF

      Modern Logistics Warehouse Space

      Class A industrial building with expressway access and labor pool.
      Northern Pkwy & Dysart Rd, El Mirage, AZ
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Retail property for sale in a growing Phoenix trade area.
    Where is this grocery and convenience store located?
    The property is located at 11817 W Thunderbird Rd El Mirage, AZ.
    What is the asking price?
    The asking price for this property is $790,000.
    What are key features of this property?
    This property features: Highly visible location immediately off U.S. Highway 60.; Accessible by a combined ±73,000 cars per day.; Growing trade area with ±19,800 residents within a one‑mile radius.
    (602) 687-6665 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Grant Ziegler
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11817 W Thunderbird Rd, El Mirage, AZ
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!