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    311 N 1St Ave Phoenix, AZ 85003

    For Lease
    Contact for pricing

    New mixed-use project at downtown Phoenix transit hub.

    Property size:
    15,776 SF
    Lot size:
    2.58 Acres

    Property Features for 311 N 1St Ave

    General Information

    Size
    15,776 SF
    Lot size
    2.58 Acres

    Source: Phoenix Commercial Advisors Agent Courtney Auther Van Loo

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

    Overview

    Mixed-Use Project in Downtown Phoenix

    This planned mixed-use project, Central Station, is located in Downtown Phoenix. It will continue to function as a light rail and bus transit hub, serving approximately 2 million passengers per year. The property offers 15,776 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store

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

    Similar Places Nearby

    Clipdigi, Coin Cloud Bitcoin ATM, Coronado Treasures In Phx az, Ocean Project, Gaslight Square 3601 E. Indian School Road 85018

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.074721
    Latitude
    33.452567

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    FAQs

    What type of property is this?
    Shopping center - New mixed-use project at downtown Phoenix transit hub.
    Where is this shopping center located?
    The property is located at 311 N 1St Ave Phoenix, AZ.
    What are key features of this property?
    This property features: - Located in Downtown Phoenix; - New, planned mixed-use project; - Functions as a light rail and bus transit hub
    (480) 223-7729
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    311 N 1St Ave Phoenix, AZ 85003
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    Phoenix, AZ 85003
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    Realmo Value Estimation

    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.

    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.

    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
    311 N 1St Ave Phoenix, AZ 85003
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