Property profile

1 Baseline Rd Phoenix, AZ 85041

OFF-MARKET
Strip malls
Property ID
US07-1777509
2,800 SF 2.13 ac lot Built 1962
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

A fully entitled retail pad site is located at South Mountain Plaza on the southwest corner of West Baseline Road and South Central Avenue in Phoenix, Arizona. The site provides drive-thru access and has building space that can be sized within a range of approximately 2,500 to 3,500 square feet. The property is situated in a dense, in-fill commercial area, and the center is located along Central Avenue, which has an adjacent light rail line terminating north of the intersection.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1962
Total area 2,800 SF
Lot 2.13 ac (92,957 SF)
APN 300-41-100F
UPID US07-1777509

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Location

1 Baseline Rd Phoenix, AZ 85041-7102
Phoenix metro Census 116736 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$1.22M

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2024
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.0M +173.6%
Auto repair, garage $1.2M +66.0%
Office building $840,000 +17.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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