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    1201 E Northern Ave Phoenix, AZ 85020

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    For Sale
    $3,300,000

    Retail property on a hard corner with high traffic volume.

    Property size:
    2,503 SF
    Lot size:
    0.39 Acres

    Property Features for 1201 E Northern Ave

    General Information

    Size
    2,503 SF
    Lot size
    0.39 Acres

    Source: Cushman & Wakefield | Phoenix Agent Chris Hollenbeck

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

    Overview

    Retail Property on Hard Corner

    This retail property is located on a hard corner with a traffic volume of approximately 62,375 vehicles per day at the intersection of 12th Street and Northern Avenue. The surrounding trade area is densely populated, with over 359,000 residents within a 5-mile radius. The average household income in a 1-mile radius exceeds $130,000. The property is in close proximity to the AZ-51 Freeway. The property size is 2,503 square feet.
    Location Intelligence

    Current Use by Public Records

    ARCO Gas Station ampm Convenience Store LibertyX Bitcoin ATM Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0562356
    Latitude
    33.5527602

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    FAQs

    What type of property is this?
    Retail property - Retail property on a hard corner with high traffic volume.
    Where is this retail property located?
    The property is located at 1201 E Northern Ave Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: - High traffic location: approximately 62,375 vehicles per day at 12th St & Northern Ave; - Strong average household incomes: Over $130,000 in a 1 mile radius; - Densely populated area: Over 359,000 residents within 5 miles
    (602) 954-9000
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    1201 E Northern Ave Phoenix, AZ 85020
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    Phoenix, AZ 85020
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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
    1201 E Northern Ave Phoenix, AZ 85020
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