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

    16749 E Shea Blvd Fountain Hills, AZ 85268

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    2.2 AC property with 14,490 SF building and drive-thru.

    Property size:
    14,490 SF
    Lot size:
    2.20 Acres

    Property Features for 16749 E Shea Blvd

    General Information

    Standard status
    Active
    Zoning
    C-2
    Size
    14,490 SF
    Lot size
    2.20 Acres

    Building Details

    Year built
    2003

    We can help!

    Listing Contact
    Trask Switzenberg
    Trask Switzenberg
    Source: Crexi

    Listing Agency: Kidder Mathews Listing Agent: Trask Switzenberg

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

    Learn more

    Overview

    Retail Building with Drive-Thru

    This property features a 14,490 square foot building with a drive-thru, situated on 2.2 acres. It is located in a rapidly transforming trade area. The retail center adjacent to the property is undergoing redevelopment, with Sprouts scheduled to open in 2026. A large multifamily project is planned west of Target, which is expected to drive future growth and increase daily activity in the area. Other retailers in the vicinity include Target, CVS, Petco, and Starbucks.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Fountain Hills
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.741
    Latitude
    33.5988

    Nearby Similar for Sale

    • $995,000
      4,180 SF

      Retail Building in Fountain Hills

      Multi-tenant retail building with high ceilings and ample parking.
      16729 E Palisades Blvd, Fountain Hills, AZ 85268
      View Details
    • $1,200,000
      4,740 SF

      Fountain Hills Big O Tires

      4,740 SF Big O Tires on 0.57 acres.
      11429 N Saguaro Blvd, Fountain Hills, AZ 85268
      View Details
    • $850,000
      3,856 SF

      Fountain Hills Flex/Industrial Property

      Flex/Industrial property in Fountain Hills, Arizona, totaling 3,856 square feet.
      16921 E Palisades Blvd, Fountain Hills, AZ 85268
      View Details
    • $1,350,000

      Medical-Ready Building in Fountain Hills

      Freestanding building with medical use potential in Fountain Hills, Arizona.
      11407 N Saguaro Blvd, Fountain Hills, AZ 85268
      View Details
    • Contact for pricing
      14,490 SF

      Freestanding Retail Building on Shea

      Freestanding ±14,490 SF retail building in Fountain Hills, AZ.
      16749 E Shea Blvd, Fountain Hills, AZ
      View Details
    • $1,765,000
      9,520 SF

      Fountain Hills Revitalization Opportunity

      Mixed-use property in Fountain Hills' revitalized city center.
      16847 E Parkview Ave, Fountain Hills, AZ 85268
      View Details
    • Contact for pricing
      24,196 SF

      Fountain Hills Office Building

      24,196 SqFt office building for sale.
      16930 E Palisades Blvd, Fountain Hills, AZ 85268
      View Details
    • Contact for pricing
      14,830 SF

      Fountain Hills Office Building For Sale

      Attractive office building with potential for owner/user or investment.
      16929 E Enterprise Dr, Fountain Hills, AZ 85268
      View Details
    • Contact for pricing
      4,180 SF

      Retail Building in Fountain Hills

      Multi-tenant retail building in the heart of Fountain Hills.
      16729 E Palisades Blvd, Fountain Hills, AZ 85268
      View Details
    • Contact for pricing
      11,213 SF

      Retail Strip Center For Sale

      Retail strip center located off Saguaro Boulevard.
      11803 N Saguaro Blvd, Fountain Hills, AZ 85268
      View Details

    FAQs

    What type of property is this?
    Retail property - 2.2 AC property with 14,490 SF building and drive-thru.
    Where is this retail property located?
    The property is located at 16749 E Shea Blvd Fountain Hills, AZ.
    What are key features of this property?
    This property features: - 2.2 acre property featuring a 14,490 SF building.; - Benefit from the convenience of a drive-thru.; - Located in a rapidly transforming trade area.
    (602) 513-5144
    Request Owner's contact information
    16749 E Shea Blvd Fountain Hills, AZ 85268
    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.
    16749 E Shea Blvd
    Fountain Hills, AZ 85268
    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
    16749 E Shea Blvd Fountain Hills, AZ 85268
    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

    We can help!
    Listing Contact
    Trask Switzenberg
    Trask Switzenberg
    Real Estate License ID: SA640608000
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!