Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Swc Of Cactus Rd And Tatum Blvd Phoenix, AZ 85032
    Property profile & analytics

    Swc Of Cactus Rd And Tatum Blvd, Phoenix, AZ 85032

    View on Map
    • Retail properties & Spaces
    • 7,890 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Swc Of Cactus Rd And Tatum Blvd

    Property type
    Retail properties & Spaces

    Description

    This exceptional retail opportunity presents 7,890 square feet of vacant space within the Village Square Retail Center, located at the southwest corner of Cactus Road and Tatum Boulevard in Phoenix, Arizona (zip code 85032). The property is classified as a commercial retail center with multiple tenancy potential, currently offering one large, contiguous space ideal for a single tenant or adaptable for multiple smaller businesses. The entire building comprises 7,890 square feet. This high-visibility location benefits from significant traffic flow due to its strategic placement at a major intersection. The property is situated in Maricopa County, Arizona, offering easy access to a dense population base and a thriving commercial environment. The address is specifically the southwest corner of Cactus Road and Tatum Boulevard. This presents a unique chance to establish or expand a retail presence in a prime Phoenix location. The property is currently available for lease and offers significant potential for a variety of retail businesses. The total building square footage is 7,890 square feet, with the entire space currently vacant. This presents a blank canvas for a prospective tenant to customize the space to their specific needs.

    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
    -111.98
    Latitude
    33.5988

    Comparable in this City

    • Value Estimation by Request
      3,435 SF

      Nwc Of Tatum Blvd And Greenway Rd

      Retail properties & Spaces
      0 Nwc Of Tatum Blvd And Greenway Rd, Phoenix, AZ 85032
      View Details
    • Value Estimation by Request
      8,644 SF

      32nd St & Bell Rd

      Retail properties & Spaces
      32nd St & Bell Rd, Phoenix, AZ 85032
      View Details
    • Value Estimation by Request
      3,200 SF

      43rd Ave & Bell Rd

      Retail properties & Spaces
      43rd Ave & Bell Rd, Phoenix, AZ 85032
      View Details
    • Value Estimation by Request
      217,072 SF

      32Nd St

      Neighborhood centers
      0 32Nd St, Phoenix, AZ 85032
      View Details
    • Value Estimation by Request
      171,084 SF

      Swc Tatum Blvd & Bell Rd

      Lifestyle centers
      0 Swc Tatum Blvd & Bell Rd, Phoenix, AZ 85032
      View Details
    • Value Estimation by Request
      23,499 SF

      3208-3246 Bell Rd

      Individual retail properties
      3208-3246 Bell Rd, Phoenix, AZ 85032
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,304 SF

      Standalone Retail Building For Rent

      2,304 SF standalone building with strong visibility available for rent.
      17648 N 32Nd St, Phoenix, AZ 85032
      View Details
    • Contact for pricing
      5,976 SF

      Freestanding Retail Property on Corner Lot

      Highly visible retail property near retail, entertainment, and hospitality amenities.
      15026 N Cave Creek Rd, Phoenix, AZ 85032
      View Details
    • Contact for pricing
      2,400 SF

      Free-Standing Retail Building For Sale

      2,400 SF retail building in high-traffic area.
      15046 N Cave Creek Rd, Phoenix, AZ 85032
      View Details
    • Contact for pricing
      18,146 SF

      Fully Leased Multi-Tenant Investment Property

      Unique adaptive reuse project completed in 2023, fully leased.
      13802 North 32Nd St, Phoenix, AZ 85032
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,600 SF

      Restaurant Space on Cave Creek

      Second-generation restaurant space with high visibility and customization potential.
      15001-15025 N Cave Creek Rd, Phoenix, AZ 85032
      View Details
    • Contact for pricing

      Retail Space with Freeway Visibility

      Retail property with prominent signage and strategic location.
      20330 N Cave Creek Rd, Phoenix, AZ 85032
      View Details
    • $500 /Mo

      Retail and Office Executive Suites

      Retail and office executive suites available for lease.
      2625 E Greenway Pkwy, Phoenix, AZ 85032
      View Details
    • Contact for pricing
      7,700 SF

      Freestanding Retail Building Available

      7,700 SF freestanding retail building with excellent visibility and access.
      3850 E Thunderbird Rd, Phoenix, AZ 85032
      View Details
    • Contact for pricing
      1,625 SF

      Retail Space in Phoenix

      Endcap retail space in established North Phoenix trade area.
      4731 E Greenway Rd, Phoenix, AZ 85032
      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.
    Swc Of Cactus Rd And Tatum Blvd
    Phoenix, AZ 85032
    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

    Thank You for Inquiry
    Swc Of Cactus Rd And Tatum Blvd, Phoenix, AZ, 85032
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!