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    3160 W Carefree Hwy Phoenix, AZ 85086

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    For Sale
    $3,500,000

    Located in a high-traffic shopping center near major employers.

    Property size:
    4,836 SF
    Lot size:
    0.94 Acres

    Property Features for 3160 W Carefree Hwy

    General Information

    Size
    4,836 SF
    Lot size
    0.94 Acres

    Source: Kidder Mathews | Phoenix Agent Ryan Eustice

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

    Overview

    Restaurant Pad in Tramanto Marketplace

    The property is a vacant restaurant pad located in the Tramanto Marketplace shopping center. The location benefits from full access to North Valley Parkway, Carefree Highway, and the I-17 Freeway. Traffic counts are approximately 32,898 vehicles per day on Carefree Highway and I-17 Freeway, and approximately 54,730 vehicles per day. The property is situated near high-performing Albertson’s, McDonald’s, and Chevron locations. Across the street are Sprouts, Home Depot, Kohl’s, and In N Out Burger. The Taiwan Semiconductor Manufacturing Company (TSMC) Arizona, investing $65 billion in three fabrication facilities, is located 2 miles southwest of the property. This development is expected to create over 6,000 high-tech, high-wage jobs, with an additional 10,000 construction jobs currently on site daily. Apple is the largest customer of TSMC’s Arizona chip factory. The property is 4,836 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Meltdown Delivery Restaurant

    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.

    Similar Places Nearby

    Limelight Barbecue

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.1285774
    Latitude
    33.7995281

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    FAQs

    What type of property is this?
    Restaurant - Located in a high-traffic shopping center near major employers.
    Where is this restaurant located?
    The property is located at 3160 W Carefree Hwy Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Located 2 miles from Taiwan Semiconductor Manufacturing Company (TSMC) Arizona; - High Traffic Location on Carefree Hwy with ±32,898 VPD; - Part of Tramanto Marketplace Shopping Center anchored by Albertson’s, McDonald’s, and Chevron
    (602) 740-1359
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    Phoenix, AZ 85086
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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
    3160 W Carefree Hwy Phoenix, AZ 85086
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