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

    14533 W McDowell Rd Goodyear, AZ

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

    Commercial land available near Harkins Theatre, Life Time Fitness, and more.

    Type:LAND
    Lot size:
    1.02 Acres
    Added:
    Jul 2, 2020
    Days on Market:
    2133
    Last Refresh:
    Apr 5 at 11:03 pm

    Property Features for 14533 W McDowell Rd

    General Information

    Standard status
    Active
    Lot size
    1.02 Acres
    Property subtype
    LAND

    Spaces For Lease

    at 14533 W McDowell Rd Contact us

    We can help!

    Listing Contact
    Bill Bones
    Bill Bones

    Listing agent Bill Bones License #AZ SA555040000

    Listing office CBRE | Phoenix

    Listing date Jul 2, 2020

    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 CBRE | Phoenix

    Overview

    Prime Commercial Land For Lease

    This commercial land is available for lease near the intersection of I-10 and Bullard. Existing tenants in the area include Harkins Theatre, Life Time Fitness, P.F. Chang’s, and Red Robin. The Life Time Fitness location has over 10,000 members and is reportedly among the top three nationwide. The Harkins Theatre on the northwest corner is reportedly the top-grossing Harkins in Arizona. Great Hearts Academy, with 500 students in grades K-5 and 811 students in grades 6-12, is also nearby and has an enrollment waiting list. TRU by Hilton and SpringHill Suites by Marriott are under construction and scheduled to open in Q2 2020. Additionally, there are plans for 188 multifamily units on the northeast corner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Dental Office Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Goodyear
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.373
    Latitude
    33.4639

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      AZ, Goodyear - Flite Center

      1300 Litchfield Rd, Goodyear, AZ 85338
      View Details
    • $25 SF/Yr

      Professional Office Suites For Lease

      Office suites available for lease in Palm Valley.
      2950 N Litchfield Rd Bldg 10, Goodyear, AZ 85395
      View Details
    • $1.70 SF/Yr

      Industrial Flex Space For Lease

      Flex industrial space in high-traffic area near I-10 Freeway.
      426 N Dysart Rd, Goodyear , AZ 85338
      View Details
    • $37 SF/Yr

      Goodyear Office Space Available

      High-quality office space in Goodyear, near Palm Valley.
      1646 N Litchfield Rd, Goodyear, AZ
      View Details
    • Contact for pricing

      AZ, Goodyear - W Park Place

      15150 Park Pl, Unit 2ND, Goodyear, AZ 85395
      View Details
    • $13 SF/Yr

      Retail Space Near I-10

      Retail space with offices, high visibility, near I-10.
      13250 W Van Buren St, Goodyear, AZ
      View Details
    • Contact for pricing

      Goodyear Industrial Property for Lease

      Exceptional industrial property with warehouse space and modern office facilities.
      17510 W Thomas Road, Goodyear, AZ 85338
      View Details
    • $19 SF/Yr

      Retail Space in Growing Goodyear

      Retail space in high-traffic area near Estrella Parkway.
      650 North Estrella Parkway, Goodyear, AZ 85338
      View Details
    • $45,000 SF/Yr

      Commercial Property Near I-10

      Commercial property with frontage on Litchfield Road, near I-10.
      599 S. Litchfield Rd., Goodyear, AZ 85338
      View Details
    • Contact for pricing

      Phoenix Logistics Center Industrial Development

      New industrial development with two buildings in Phoenix, Arizona.
      16395 West Camelback Road, Goodyear, AZ, 85395
      View Details
    • $19 SF/Yr

      Retail Space in High-Traffic Plaza

      Retail space in a busy plaza with high visibility.
      610 N Estrella Pkwy, Goodyear, AZ
      View Details
    • Contact for pricing

      Goodyear Industrial Complex for Lease

      Available industrial space in Goodyear with freeway access and amenities.
      150 North Litchfield Road, Goodyear, AZ, 85338
      View Details

    FAQs

    What type of property is this?
    Land - Commercial land available near Harkins Theatre, Life Time Fitness, and more.
    Where is this land located?
    The property is located at 14533 W McDowell Rd Goodyear, AZ.
    What are key features of this property?
    This property features: Full‑diamond interchange at I‑10 & Bullard; Tenants include Harkins Theatre, Life Time Fitness, P.F. Chang’s, and Red Robin; Life Time Fitness boasts over 10,000 members at this location
    (480) 390-8859 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Bill Bones
    Bill Bones
    Real Estate License ID: AZ SA555040000
    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

    Thank You for Inquiry

    14533 W McDowell Rd, Goodyear, AZ

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!