6310 35Th Ave Phoenix, AZ 85041
- Outlet malls
- 18,420 SF
- 1.81 lot acres
Current Use by Public Records
- UPTOWN JUNGLE FUN PARK | Laveen, AZ / Children'S Party Service / Event Venue
Property Details for 6310 35Th Ave
- Year built
- 2007
- Construction
- CONCRETE
- Lot size
- 1.81 lot acres
- Property size
- 18,420 SF
- Zone code
- C-2
- Property type
- Outlet malls
- APN
- 105-89-945D
- APU
- 10589945D
Description
Exceptional retail investment opportunity in Phoenix, Arizona, asking $3,300,000. This 18,420 square foot property, built in 2007, sits on a 78,746 square foot lot and boasts a price per square foot of $179.15. Located at 6310 S 35th Ave, Phoenix, AZ 85041, in Maricopa County, this property benefits from its strategic location near a high-traffic Walmart. This Walmart location ranked #5 out of 86 in Arizona and #105 out of 3,866 nationwide in customer visits (March 1, 2023 - February 29, 2024), with an estimated 2.8 million customers during that period. The property's proximity to this high-volume retailer, along with its location within the Laveen Village Retail Center, provides a significant geographical advantage over competing shopping areas. The property's size and location make it ideal for a variety of retail uses, capitalizing on the substantial foot traffic generated by the neighboring commercial establishments. This presents a compelling investment opportunity for discerning buyers seeking a high-return property in a prime location. Further details are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,070,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,790,000
- 6.5%
- $1,705,000
- 7%
- $1,650,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,770,000
- Geo Method
- $1,895,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,895,000
- Retail
- $1,610,000
- Mixed-Use
- $1,730,000
- Hospitality
- $1,905,000
- Educational
- $1,745,000
- Residential Income
- $1,550,000
- Energy
- $1,810,000
- Income-Based Land
- $1,540,000
- Food Service
- $1,930,000
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.136
- Latitude
- 33.3894
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
