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    107TH Ave & Van Buren St Avondale, AZ 85323

    For Sale
    $950,000

    Prime Retail Space, High Growth Area

    Property size:
    36,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail property, located at the intersection of 107th Ave and Van Buren Street in Tolleson, Arizona (zip code 85323), offers 36,250 to 37,028 square feet of space and is zoned C-2. Priced at $950,000, this investment opportunity boasts a prime location less than one mile from Interstate 10's full-diamond interchange, ensuring excellent accessibility. The property benefits significantly from robust residential growth in the immediate area, with planned additions of approximately 607 homes at Roosevelt Park II (northwest corner) and another 379 homes at Vista Del Verde (a quarter-mile south). Adding to the existing 28,700 homes within a three-mile radius, this creates a substantial and expanding customer base. Furthermore, nearby industrial parks contribute to a strong daytime population, fueled by major employers such as Albertsons, Pepsico, Carvana, Fry's Food Stores, Tyson Foods, and Singler. Tolleson's attractive cost of living, 2.8% below the national average, adds to the property's appeal. This presents a compelling investment opportunity in a rapidly developing area with significant potential for long-term growth and high returns. The property is situated in Maricopa County.

    Property Features for 107TH Ave & Van Buren St

    General Information

    Property type
    Retail properties
    Square Feet
    36,250 SF

    HighLights

    • Less than one mile from I‑10's full‑diamond interchange.
    • Strong residential growth with ~607 homes planned at Roosevelt Park II and ~379 at Vista Del Verde, adding to the existing ~28,700 homes within a 3‑mile radius.
    • Nearby industrial parks with major employers including Albertsons, PepsiCo, Carvana, Fry's, Tyson Foods, and Singler, boosting daytime population.
    • Tolleson offers a cost of living 2.8% below the national average.
    • $950,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Avondale
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.2898455
    Latitude
    33.4500278

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, High Growth Area
    Where is this retail property located?
    The property is located at 107TH Ave & Van Buren St Avondale, AZ.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Less than one mile from I-10's full-diamond interchange.; Strong residential growth with ~607 homes planned at Roosevelt Park II and ~379 at Vista Del Verde, adding to the existing ~28,700 homes within a 3-mile radius.; Nearby industrial parks with major employers including Albertsons, PepsiCo, Carvana, Fry's, Tyson Foods, and Singler, boosting daytime population.
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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
    107TH Ave & Van Buren St Avondale, AZ 85323
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