Avondale Commercial Property on
703 E WESTERN Avenue Avondale, AZ 85323
703 E WESTERN Avenue, Avondale, AZ, 85323
$700,000
For Sale
$700,000
Commercial property in Avondale with excellent visibility and flexible zoning.
Property Size3,700 SF
Price / SF$189.19
Days on Market233
Property Features for 703 E WESTERN Avenue
General Information
- Standard status
- Active
- Size
- 3,700 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1945
Listing Agency
eXp Realty
(602) 367-5287
Listed by
Brisia M. Guzman · License #SA581919000
(602) 367-5287
Source
Exitrealty
Added: Nov 29, 2025 Updated: Jul 10 at 11:59 am Checked: Jul 10 at 11:59 am
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 eXp Realty
Investment Insights
Based on property information with market context.
This commercial property is located on Western Avenue in the rapidly growing Avondale market. The location offers excellent visibility and steady traffic. The flexible zoning supports a variety of uses, including retail, office, or service-based businesses, and an owner-user setup. The building sits on a usable lot with easy access to Dysart Road, Van Buren, I-10, and surrounding neighborhood traffic. The property is suitable for investors looking for a value-add property or business owners wanting a strategic location in the West Valley. The property size is 3700 square feet. Avondale continues to see strong residential and commercial growth, making this area ideal for long-term appreciation and stability.
Key Highlights
- Excellent visibility and steady traffic on Western Ave.
- Flexible zoning supports retail, office, service‑based business, or owner‑user setup.
- Located in rapidly growing Avondale market.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $113.2k | $30.60 |
| − Vacancy | −$27.6k | −$7.47 |
| EGI | $85.6k | $23.13 |
| − OpEx | −$21.4k | −$5.78 |
| NOI | $64.2k | $17.35 |
3,700 SF · lease $30.60/SF/yr · vacancy 24.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$917.1K
$802.5K – $1.07M
NOI $64,196 @ 7.0% cap · market cap 9.17%
Second Best
Retail
$666.4K
$583.1K – $777.5K
NOI $46,651 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$1.14M
$1.00M – $1.34M
NOI $80,116 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
La Ocasion Flower ...
(Bike/Boat/Book/etc) Store
Glorious Flowers
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Commercial property in Avondale with excellent visibility and flexible zoning.
Where is this commercial land located?
The property is located at 703 E WESTERN Avenue Avondale, AZ.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Excellent visibility and steady traffic on Western Ave.; Flexible zoning supports retail, office, service‑based business, or owner‑user setup.; Located in rapidly growing Avondale market.
