3239 Indian School Rd Phoenix, AZ 85018
- Turn key restaurants
- 2,436 SF
- 0.40 lot acres
Current Use by Public Records
- Loving Hut / Vegan Restaurant
- Brazilian Bikini Wax Spa / Skin Care Clinic / Beauty Salon
Property Details for 3239 Indian School Rd
- Year built
- 1969
- Construction
- CONCRETE
- Lot size
- 0.40 lot acres
- Property size
- 2,436 SF
- Zone code
- C-N
- Property type
- Turn key restaurants
- APN
- 127-34-140B
- APU
- 12734140B
Description
This exceptional 2,436-square-foot restaurant pad presents a rare opportunity in Phoenix's desirable Arcadia area. Situated on East Indian School Road, this property boasts a prime location within a thriving retail corridor, ensuring high visibility and significant traffic exposure. The C-1 zoning permits restaurant use, making it ideal for a variety of quick-service or fast-casual concepts. The property's strategic placement at a busy intersection guarantees excellent accessibility and brand recognition. A dedicated monument sign further enhances visibility, ensuring your business stands out. The asking price is $2,000,000. This is a ground lease opportunity, and the property is also available for sale. Its proximity to the Arcadia and Arcadia Lite neighborhoods guarantees a strong customer base. The property's location offers significant advantages for businesses seeking high foot traffic and easy access for customers. This is a unique chance to establish a thriving restaurant in a highly sought-after location. Don't miss this opportunity to secure a prominent position in a vibrant and growing market. The address is 3239 E Indian School Rd, Phoenix, AZ 85018, in Maricopa County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $940,000
- 6.5%
- $920,000
- 7%
- $1,090,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,020,000
- Geo Method
- $1,070,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,160,000
- Retail
- $985,000
- Mixed-Use
- $1,095,000
- Hospitality
- $1,020,000
- Educational
- $1,160,000
- Residential Income
- $1,010,000
- Energy
- $1,100,000
- Income-Based Land
- $940,000
- Food Service
- $1,090,000
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.011
- Latitude
- 33.4949
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
