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Property profile & analytics
OFF-MARKET Estimated value $740,000
Grocery and convenience stores

12005 Grand Ave El Mirage, AZ 85335-2981

2,804 SF 0.1 ac lot Built 1990
Individually Owned 8-yr Hold Free & Clear
Property ID
US07-2668618
Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1990
Construction CONCRETE
Total area 2,804 SF
Lot 0.1 ac (4,487 SF)
Zoning code UC
APN 501-30-035
UPID US07-2668618
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Carnicería El Mezquite Grocery & Convenience Store Food Market
  • El Oaxaqueno Take-out & Catering Butcher
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$766k
Blend (final) Blend
$740k
Owner & transaction history
Sally R Arismendez · 8 yrs held
Sally R Arismendez
since 2017
4 recorded transactions
2017
Price N/A
2015
$100,000
2013
Price N/A
1996
Price N/A
Zoning & alternative use
UC · El Mirage, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Urban Corridor (UC) Zone. The UC zone provides retail goods and services to satisfy the household and personal needs of the residents of nearby residential neighborhoods, those traveling on adjacent arterial corridors, and to allow for higher intensity general business and service activities. Development in the UC zone should be located and designed to allow…

Zone name Urban Corridor
General category COMMERCIAL
Zone area 271.91 ac
Source CHAPTER 154: ZONING CODE
Top alternative use upside
Retail stores $945,000 +6.5%
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