Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1177 S Watson Rd Buckeye, AZ

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

    Retail space available in a rapidly growing area of Buckeye.

    Type:RETAIL
    Property size:
    1,598 SF
    Lot size:
    1.44 Acres
    Added:
    May 7, 2024
    Days on Market:
    724
    Last Refresh:
    Apr 5 at 10:19 pm

    Property Features for 1177 S Watson Rd

    General Information

    Standard status
    Active
    Size
    1,598 SF
    Lot size
    1.44 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 1177 S Watson Rd Contact us

    We can help!

    Listing Contact
    Dave Cheatham
    Dave Cheatham

    Listing agent Dave Cheatham

    Listing office Velocity Retail Group

    Listing date May 7, 2024

    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 Velocity Retail Group

    Overview

    Retail Space in Growing Buckeye

    This 1,598-square-foot retail space is located at the hard corner of a dominant retail intersection in Buckeye, Arizona. The property is situated less than 1 mile south of a full interchange on Interstate 10. The surrounding area is experiencing tremendous housing growth. Buckeye is the fastest-growing city in Arizona and the fifth-fastest in the United States, representing an underserved retail market within the Phoenix metropolitan area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cafe Rio Fresh ... Restaurant Kyrah Lawson Dental Office Kyrah B. Lawson, ... Dental Office Dental Care on Watson Dental Office Jersey Mike's Subs Take-out & Catering

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Buckeye
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.556
    Latitude
    33.4621

    Nearby Similar for Lease

    • Contact for pricing

      Upscale Office Space in Buckeye

      Office space in a lively mixed-use commercial district.
      4236 & 4252 N Verrado Way, Buckeye, Arizona 85396
      View Details
    • Contact for pricing

      Retail Buildings for Lease

      Two 6,400 SF retail buildings available for lease.
      25055 West Southern Avenue, Buckeye, AZ 85326
      View Details
    • Contact for pricing

      Retail Space in Village Grove

      Retail space available for lease in Village Grove.
      4101 Jackrabbit Trail, Buckeye, AZ 85340
      View Details
    • Contact for pricing

      Anchored Power Center Retail Space

      Retail space in a multi-anchored power center.
      946 S Watson Rd, Buckeye, AZ
      View Details
    • Contact for pricing

      Buckeye Warehouse Space Available

      22,883 sq ft warehouse space for lease in Buckeye.
      835 North 215th Avenue, Buckeye, AZ 85326
      View Details
    • Contact for pricing

      Retail Space Near Future Hospital

      Retail space with high visibility near upcoming Abrazo Health campus.
      20640 W Roosevelt St, Buckeye, AZ
      View Details
    • Contact for pricing

      Healthcare Property Available For Sublease

      Sublease opportunity near planned Abrazo and Banner Hospitals.
      865 South Watson Road, Buckeye, AZ, 85326
      View Details
    • $0.01 SF/Yr

      Retail Space with Natural Grocer

      Retail space available for lease, anchored by Sprouts.
      W Roosevelt St & N Verrado Way, Buckeye, AZ
      View Details
    • Contact for pricing

      Buckeye Retail Power Center Space

      Multi-anchored power center serving Phoenix's west and surrounding areas.
      500 S Watson Rd, Buckeye, AZ
      View Details
    • Contact for pricing

      Retail Space in Power Center

      Retail space available in a multi-anchored power center.
      860 S Watson Rd, Buckeye, AZ
      View Details
    • Contact for pricing

      Retail Space in Growing Buckeye

      Retail space with high visibility in fast-growing Buckeye, Arizona.
      6213 S Miller Rd, Buckeye, AZ
      View Details
    • Contact for pricing

      Verrado Marketplace Retail Space

      500,000 SF commercial space for rent in Buckeye, Arizona.
      I-10 & Verrado Way, Buckeye, AZ 85396
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available in a rapidly growing area of Buckeye.
    Where is this retail space located?
    The property is located at 1177 S Watson Rd Buckeye, AZ.
    What are key features of this property?
    This property features: Located on a hard corner of a dominant retail intersection.; Less than 1 mile south of Interstate 10 full interchange.; Tremendous housing growth in the immediate area.
    (602) 615-9292 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Dave Cheatham
    Dave Cheatham
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!