Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2825 Dove Valley Rd Phoenix, AZ 85085

    • Land
    • 34,848 SF
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2825 Dove Valley Rd

    Property size
    34,848 SF
    Property type
    Land

    Description

    Dove Valley Landing presents a unique opportunity for commercial development in Phoenix, Arizona. This exceptional property, located at 2825 W Dove Valley Rd, 85085, in Maricopa County, offers flexible options for businesses seeking retail pads or shop space. The site boasts a highly desirable C-2 zoning, allowing for a variety of commercial uses. Lots range in size from 0.8 to 1.8 acres, providing ample space for various development projects. The property features multiple access points, ensuring convenient access for customers and employees. Its strategic location near the I-17 Corridor and North Phoenix provides excellent visibility and accessibility. A key advantage is the hard corner stoplight, maximizing visibility and attracting significant traffic. The availability of retail pads and shop spaces, coupled with build-to-suit options, caters to diverse business needs. The land is available for sale, or ground lease arrangements can be explored. Development is anticipated to begin in the second quarter of 2025, offering a promising timeline for future businesses. The total square footage available ranges from 34,848 to 78,408 square feet, providing significant scalability for various development plans. This prime location and flexible development options make Dove Valley Landing an attractive investment opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.12
    Latitude
    33.7839

    Comparable in this City

    • Value Estimation by Request
      3.32 Acres

      839 Happy Valley Rd

      Land • 3.32 Acres
      839 Happy Valley Rd, Phoenix, AZ 85085
      View Details
    • Value Estimation by Request

      19th Ave & Whispering Wind Dr

      Land
      19th Ave & Whispering Wind Dr, Phoenix, AZ 85085
      View Details
    • Value Estimation by Request
      0.86 Acres

      Vly Pkwy & Sonoran Desert Dr

      Land • 0.86 Acres
      0 Vly Pkwy & Sonoran Desert Dr, Phoenix, AZ 85085
      View Details
    • Value Estimation by Request
      5.00 Acres

      2900 Sonoran Desert Dr

      Land • 5.00 Acres
      2900 Sonoran Desert Dr, Phoenix, AZ 85085
      View Details
    • Value Estimation by Request
      4.92 Acres

      15Th Ave

      Land • 4.92 Acres
      0 15Th Ave, Phoenix, AZ 85085
      View Details
    • Value Estimation by Request

      27Th Ave

      Land
      0 27Th Ave, Phoenix, AZ 85085
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      34,848 SF

      Dove Valley Landing: Phoenix Land

      Prime Phoenix commercial land, build-to-suit options.
      2825 Dove Valley Rd, Phoenix, AZ 85085
      View Details
    • $3,750,000
      6.83 Acres

      Prime Phoenix Commercial Land

      6.83 Acres, C-2 Zoning, High Visibility
      412 Carefree Hwy, Phoenix, AZ 85085
      View Details
    • Contact for pricing
      3.32 Acres

      Prime Deer Valley Land - 3.32 Acres

      7th Ave frontage, near TSMC. Industrial/Commercial.
      839 Happy Valley Rd, Phoenix, AZ 85085
      View Details
    • Contact for pricing

      Phoenix Commercial Land - 2.21 Acres

      Prime Phoenix location, development opportunity.
      0 27Th Ave, Phoenix, AZ 85085
      View Details
    • Contact for pricing
      0.86 Acres

      Prime Phoenix Retail Land

      0.86-Acre Retail Lot, 79 Parking Spaces
      0 Vly Pkwy & Sonoran Desert Dr, Phoenix, AZ 85085
      View Details
    • Contact for pricing
      14.10 Acres

      14.1 Acres Phoenix Land

      Prime Phoenix land, R-43 zoning, near Anthem.
      42828 7Th Ave, Phoenix, AZ 85085
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4 SF

      Phoenix Land Parcel For Rent

      4-acre land parcel available for rent in Phoenix, Arizona.
      1739 W Parkview Ln | Phoenix, Phoenix, AZ 85085
      View Details
    • Contact for pricing

      Phoenix Land For Rent

      Land available for rent in Phoenix, Arizona.
      1875 W Happy Valley Rd, Phoenix, AZ 85085
      View Details
    • Contact for pricing
      37,462 SF

      Prime Phoenix Retail Pad Site

      2.42 Acres, Multiple Tenancy Potential
      0 Vly Pkwy & Sonoran Desert Dr, Phoenix, AZ 85085
      View Details
    • Contact for pricing

      Commercial Land Near Interstate 17

      Commercial land with high traffic and growth potential.
      2820 W Dove Valley Rd, Phoenix, AZ 85085
      View Details
    • Contact for pricing
      3,310 SF

      Outdoor Shopping Center Space

      Retail, restaurant, and service space in Deer Valley.
      2440-2450 W Happy Valley Rd, Phoenix, AZ 85085
      View Details
    • Contact for pricing
      2,800 SF

      Regional Shopping Center Retail Space

      Retail space available in a regional shopping and dining destination.
      2501 W Happy Valley Rd, Phoenix, AZ 85085
      View Details
    Request Owner's contact information
    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.
    2825 Dove Valley Rd
    Phoenix, AZ 85085
    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
    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

    Google sign-in failed. Please try again or use another login method.