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

    1081 S Meridian Rd Apache Junction, AZ 85120

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

    Prime commercial property for rent in Apache Junction, Arizona.

    Property Features for 1081 S Meridian Rd

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Paul Woods
    Source: Crexi

    Listing Agency: Commercial Properties Inc. Listing Agent: Paul Woods

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

    Learn more

    Overview

    Commercial Property in Apache Junction

    Located at 1081 S Meridian Rd in Apache Junction, AZ, this commercial property is available for rent. The property is suitable for a range of businesses and is an ideal space for a used car lot. It features modern amenities and flexible floor plans. Ample parking is available. The location provides easy access to major transportation routes, offering excellent visibility and accessibility.
    Location Intelligence

    Current Use by Public Records

    U-Haul Neighborhood Dealer Car Rental Facility Eagle Brother Rentals Travel Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Apache Junction
    County
    Pinal
    State
    Arizona
    Longitude
    -111.5803996
    Latitude
    33.4061681

    Nearby Similar for Lease

    • $13 SF/Yr
      6,300 SF

      Retail Space on Apache Trail

      Retail space with high visibility and strong traffic counts.
      11357 E Apache Trl, Apache Junction, AZ 85120
      View Details
    • $4,000 /Mo

      New Metal Warehouse Building

      Single-tenant warehouse with logistical advantages and ample parking.
      5818 S Kings Ranch Rd, Gold Canyon, AZ 85118
      View Details
    • Contact for pricing

      Hard Corner Endcap Retail Space

      Retail space available at Signal Butte & Apache Trail.
      21 S Signal Butte Rd, Apache Junction, AZ 85120
      View Details
    • $15 SF/Yr
      6,402 SF

      Retail Space with Drive-Thru

      Retail space for lease with drive-thru, monument signage.
      21 S Signal Butte Rd, Apache Junction, AZ 85210
      View Details
    • $1,618 /Mo
      9,663 SF

      Apache Junction Industrial/Retail Space

      Industrial/Retail space for lease in Apache Junction, Arizona.
      1678 W Superstition Blvd, Apache Junction, AZ 85220
      View Details
    • Contact for pricing

      Retail Space with Freeway Frontage

      End cap retail space with visibility on Superstition Freeway.
      6900 E Us Highway 60, Apache Junction, AZ 85118
      View Details
    • Contact for pricing
      1,205 SF

      Retail Space in Busy Center

      Retail space with great visibility in established trade area.
      189 W Apache Trl, Apache Junction, AZ 85120
      View Details
    • $22 SF/Yr

      Office Space For Lease

      Multi-tenant office building with excellent visibility and freeway access.
      6410 S Kings Ranch Rd, Gold Canyon, AZ 85118
      View Details
    • Contact for pricing
      1,100 SF

      Retail Space in Arroyo Hermosa

      Retail space for lease in a well-maintained plaza.
      320 W Superstition Blvd, Apache Junction, AZ 85120
      View Details
    • Contact for pricing
      2,986 SF

      Retail Space in Arroyo Hermosa

      Retail property for lease in a rapidly growing trade area.
      212 W Superstition Blvd, Apache Junction, AZ 85120
      View Details
    • Contact for pricing
      1,412 SF

      Retail Space in Gold Canyon

      Retail space available in Bashas’ anchored shopping center.
      5301-5331 S Superstition Mountain Dr, Gold Canyon, AZ 85118
      View Details
    • Contact for pricing
      1,250 SF

      Retail Space in Mustang Center

      1,250 SF retail space in a high-traffic shopping center.
      2430 W Apache Trl, Apache Junction, AZ 85120
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime commercial property for rent in Apache Junction, Arizona.
    Where is this commercial land located?
    The property is located at 1081 S Meridian Rd Apache Junction, AZ.
    What are key features of this property?
    This property features: - Prime location in Apache Junction, AZ.; - Ideal space for a used car lot.; - Ample parking.
    Request Owner's contact information
    1081 S Meridian Rd Apache Junction, AZ 85120
    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.
    1081 S Meridian Rd
    Apache Junction, AZ 85120
    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
    1081 S Meridian Rd Apache Junction, AZ 85120
    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
    Paul Woods
    Real Estate License ID: 568117000
    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!