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    8515 Grand Ave Peoria, AZ 85345

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    For Sale
    Contact for pricing

    Commercial/Retail acreage in Peoria redevelopment area, primed for development.

    Lot size:
    4.41 Acres

    Property Features for 8515 Grand Ave

    General Information

    Lot size
    4.41 Acres

    Source: Insight Land & Investments Agent Jeremy Lovejoy

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

    Overview

    Commercial Land Peoria Redevelopment Area

    This commercial/retail acreage is situated at the lighted intersection of Grand Avenue and 85th Avenue. The property is located within the Peoria Redevelopment Area, in proximity to new Municipal City Buildings and other developments. Grand Avenue is a top 10 major arterial within the Phoenix MSA, carrying significant traffic from downtown Phoenix throughout the northwest valley. The site is primed for development. The owner is willing to sell all or part of the property. It can be assembled with the 65,000 sq. ft. contiguous to the north.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    Peoria
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.2430885
    Latitude
    33.5844578

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    FAQs

    What type of property is this?
    Commercial land - Commercial/Retail acreage in Peoria redevelopment area, primed for development.
    Where is this commercial land located?
    The property is located at 8515 Grand Ave Peoria, AZ.
    What are key features of this property?
    This property features: - Located at a lighted intersection on Grand Avenue and 85th Avenue.; - Within the “Peoria Re-development Area” near new Municipal City Buildings.; - Grand Avenue is a top 10 major arterial in the Phoenix MSA.
    (480) 363-6830
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    8515 Grand Ave Peoria, AZ 85345
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    Peoria, AZ 85345
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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
    8515 Grand Ave Peoria, AZ 85345
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