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    1212 East Northern Ave Phoenix, AZ 85020

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    For Sale
    Contact for pricing

    Restaurant/retail property in a high-traffic Phoenix location with billboard income.

    Property size:
    3,446 SF

    Property Features for 1212 East Northern Ave

    General Information

    Size
    3,446 SF

    Building Details

    Year built
    1970

    Source: Darrell DeShaw Agent Darrell DeShaw

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

    Overview

    Phoenix Restaurant/Retail Opportunity For Sale

    This property presents an opportunity for an owner/user seeking a restaurant or retail space in a centrally located, dense area of Phoenix. The property includes billboard income for the next 19 years. The building, formerly a restaurant, has an area of approximately 3,446 square feet and is situated on an 11,832 square foot lot zoned C-2. Restaurant infrastructure includes a hood, a grease trap, and a walk-in cooler. The location benefits from high traffic volume, with over 74,000 vehicles per day passing through the intersection. The area has a dense population and an average household income exceeding $130,000 within a 3-mile radius. The property is located 1.2 miles from the 51 freeway.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0557192
    Latitude
    33.5533709

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    FAQs

    What type of property is this?
    Restaurant - Restaurant/retail property in a high-traffic Phoenix location with billboard income.
    Where is this restaurant located?
    The property is located at 1212 East Northern Ave Phoenix, AZ.
    What are key features of this property?
    This property features: - High traffic location with over 74,000 vehicles per day.; - Billboard income included for +19 years.; - Restaurant infrastructure in place: **hood, grease trap, and walk-in cooler.**
    (602) 295-1128
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    1212 East 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
    1212 East Northern Ave Phoenix, AZ 85020
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