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    9920 Van Buren St Avondale, AZ 85323

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    9920 Van Buren St Avondale, AZ 85323

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    • Retail properties & Spaces
    • 23,556 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Burger King / Restaurant

    Property Details for 9920 Van Buren St

    Property size
    23,556 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail property, located at 9920 W Van Buren St in Avondale, Arizona (zip code 85323), presents a significant opportunity for a single tenant. The building boasts a substantial 23,556 square feet of space, currently entirely vacant and ready for immediate occupancy. Situated in Maricopa County, this property offers high visibility and accessibility, making it ideal for a variety of retail businesses. The single-tenant configuration provides complete control and flexibility for the lessee. The property's address is strategically positioned at the Northwest corner of 99th Avenue and Van Buren Street, ensuring excellent exposure to high traffic volumes. This prime location within Avondale offers a strong potential for customer reach and business growth. The entire 23,556 square feet is available for lease, providing ample space for a large-scale retail operation or a business requiring significant square footage. The property's classification as commercial retail ensures its suitability for a wide range of retail ventures. Interested parties are encouraged to explore the possibilities this substantial and conveniently located retail space offers. The property is ready for immediate lease and offers a blank canvas for a new business to thrive. Its size and location make it an attractive proposition for businesses seeking a prominent presence in the Avondale market. Further details regarding lease terms and conditions are available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Avondale
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.273
    Latitude
    33.4506

    Comparable in this City

    • Value Estimation by Request
      25,000 SF

      Avondale Blvd & Van Buren St

      Land • 25,000 SF
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    • Value Estimation by Request
      0.98 Acres

      Swc Of Van Buren St & Elisio C Felix Jr Way

      Land • 0.98 Acres
      0 Swc Of Van Buren St & Elisio C Felix Jr Way, Avondale, AZ 85323
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    • Value Estimation by Request
      99,280 SF

      107th Ave & Van Buren St

      Land • 99,280 SF
      107th Ave & Van Buren St, Avondale, AZ 85323
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    • Value Estimation by Request
      4.85 Acres

      210 Van Buren St

      Retail properties & Spaces • 4.85 Acres
      210 Van Buren St, Avondale, AZ 85323
      View Details
    • Value Estimation by Request
      36,250 SF

      107TH Ave & Van Buren St

      Retail properties & Spaces • 36,250 SF
      107TH Ave & Van Buren St, Avondale, AZ 85323
      View Details
    • Value Estimation by Request
      900,480 SF

      12250 Corporate Dr

      SHOW ROOM, WAREHOUSE • 900,480 SF
      12250 Corporate Dr, Avondale, AZ 85323-1377
      View Details

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      35,310 SF

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    • $700,000
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      Avondale Commercial Property on Western

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      Dominant Strip Center For Sale

      Strip center with shop space 100% leased in Avondale.
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      1,680 SF

      Retail Space in Avondale Center

      Retail space for rent in neighborhood center near I-10.
      11335 W Buckeye Rd, Avondale, AZ 85323
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      Avondale Land Parcel For Sale

      0.98-acre C-2 zoned land parcel in Avondale, Arizona.
      Swc Of Van Buren St & Elisio C Felix Jr Way, Avondale, AZ 85323
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    Similar Nearby for Lease

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      Avondale Retail Space Available

      Retail space available in Avondale, Arizona.
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      Retail Site Near Interstate 10

      Retail space in a flourishing Avondale industrial area.
      9920 W Van Buren St, Avondale, AZ 85323
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      1,500 SF

      Retail Space in Established Neighborhood

      Retail space in Avondale, near high-income neighborhoods.
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      Established Automotive Shop for Rent

      Fully built-out automotive shop with operational history available for rent.
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      Prime Retail Space Available

      Retail space in well-established Avondale neighborhood near major landmarks.
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      5,400 SF

      Retail Space in Avondale Commons

      Retail space for lease in a mixed-use development.
      Avondale Blvd, Avondale, AZ 85323
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    Avondale, AZ 85323
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    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
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