Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    14108 N 88Th Ave Peoria, AZ 85345

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $5,000 /Mo

    Commercial land for rent in a vibrant Peoria location.

    Lot size:
    1.28 Acres

    Property Features for 14108 N 88Th Ave

    General Information

    Lot size
    1.28 Acres

    We can help!

    Listing Contact
    Nicholas Sayki
    Nicholas Sayki
    Source: Moodyscre

    Listing Agent: Nicholas Sayki

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

    Learn more

    Overview

    Peoria, AZ Commercial Land

    Located in Peoria, Arizona, near Thunderbird and 88th Ave, this commercial land offers convenient access to dining, retail, and recreational opportunities. The surrounding area features the Peoria Sports Complex, the P83 Entertainment District, and the Park West shopping center. A range of dining options, from casual cafes to upscale eateries, are also nearby. The location provides access to major roadways, making it suitable for a business environment. The area is characterized by new construction and upcoming projects.
    Location Intelligence

    Current Use by Public Records

    Wulf Off Road ... Truck Accessories Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.2492692
    Latitude
    33.6108667

    Nearby Similar for Lease

    • Contact for pricing
      4,910 SF

      Retail Space in Peoria Development

      Retail spaces available in a new master-planned community.
      10174 Cotton Xing, Peoria, AZ 85345
      View Details
    • Contact for pricing
      16,395 SF

      Premier Retail Space in Peoria

      Versatile space in a dynamic mixed-use center.
      9744 W Northern Ave, Peoria, AZ 85345
      View Details
    • Contact for pricing
      3,522 SF

      Peoria Retail Space Available

      Retail space in a master-planned community with high incomes.
      W/NWC Lk Pleasant Pkwy & Happy Vly Rd, Peoria, AZ
      View Details
    • Contact for pricing
      2,517 SF

      Retail Space in Peoria, Arizona

      Prime retail space in a thriving Peoria master-planned community.
      9980 W Happy Valley Rd, Peoria, AZ 85383
      View Details
    • Contact for pricing
      1,004 SF

      Retail Space in Peoria, Arizona

      Retail property for lease in a master-planned community.
      9918-10134 W Happy Valley Rd, Peoria, AZ 85383
      View Details
    • Contact for pricing
      44,845 SF

      Peoria Power Center Retail Space

      Prime retail spaces available in high-traffic Peoria location.
      10250 N 91St Ave, Peoria, AZ 85345
      View Details
    • $25 SF/Yr
      4,762 SF

      Peoria Office Space For Rent

      Versatile Class B office space in Arrowhead Business Park.
      8765 W Kelton Ln, Peoria, AZ 85382
      View Details
    • Contact for pricing
      8,069 SF

      Retail Space in Growing Community

      Retail space in Peoria's Vistancia, a master-planned community.
      28620 N El Mirage Rd, Peoria, AZ 85383
      View Details
    • Contact for pricing
      422,938 SF

      Regional Retail Power Center

      422,938 SF retail center with strong co-tenancy.
      Arrowhead Xing, Peoria, AZ 85382
      View Details
    • $26 SF/Yr
      2,879 SF

      Garden Style Office in Peoria

      Multi-tenant office complex in West Phoenix Metro Area.
      9051 W Kelton Ln, Peoria, AZ 85382
      View Details
    • Contact for pricing
      177,078 SF

      Peoria Retail Center Investment Opportunity

      Prime Peoria location, multiple suites available.
      0 83Rd Ave, Peoria, AZ 85382
      View Details
    • Contact for pricing
      1,505 SF

      Peoria Retail Space For Lease

      Retail space with high visibility and ample parking available for lease.
      9828 W Northern Ave, Peoria, AZ 85345
      View Details

    FAQs

    What type of property is this?
    Land - Commercial land for rent in a vibrant Peoria location.
    Where is this land located?
    The property is located at 14108 N 88Th Ave Peoria, AZ.
    What are key features of this property?
    This property features: - Prime location near Thunderbird and 88th Ave in Peoria, AZ.; - Easy access to dining, retail, and recreational opportunities.; - Proximity to Peoria Sports Complex, P83 Entertainment District, and Park West shopping center.
    (480) 737-8692
    Request Owner's contact information
    14108 N 88Th Ave Peoria, AZ 85345
    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.
    14108 N 88Th Ave
    Peoria, AZ 85345
    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
    14108 N 88Th Ave Peoria, AZ 85345
    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

    We can help!
    Listing Contact
    Nicholas Sayki
    Nicholas Sayki
    (480) 737-8692
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.