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    Property profile & analytics

    48Th St Phoenix, AZ 85001

    • Retail properties
    • 16,000 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 48Th St

    Property size
    16,000 SF
    Property type
    Retail properties

    Description

    This exceptional 16,000-square-foot retail space is ideally situated at the northwest corner of Ray Road and 48th Street in Phoenix, Arizona, within Maricopa County (zip code 85001). Currently entirely vacant, this single-tenant strip center presents a unique opportunity for a business seeking high visibility and ample space. The property's location offers excellent accessibility and exposure to significant traffic volume along these major thoroughfares. The building's total square footage is 16,000 square feet, all of which is available for lease. This presents a blank canvas for a prospective tenant to design and build out a space perfectly tailored to their specific needs and business operations. The property type is classified as retail, specifically a strip center, making it suitable for a wide range of retail businesses. The address is explicitly the northwest corner of Ray Road and 48th Street, ensuring easy identification and navigation for potential customers. This property is an excellent investment for businesses seeking a prominent location in a thriving Phoenix market. The property's coordinates are 33.4499672 latitude and -112.0702225 longitude. Serious inquiries are encouraged to explore this exceptional leasing opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.07
    Latitude
    33.45
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    48Th St
    Phoenix, AZ 85001
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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
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