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Property profile & analytics
OFF-MARKET Estimated value $2,825,000
Strip malls

12555 Grand Ave El Mirage, AZ 85335-9746

10,920 SF 1.25 ac lot Built 2006
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US07-1798201
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Construction CONCRETE
Total area 10,920 SF
Lot 1.25 ac (54,462 SF)
Zoning code UC
APN 509-13-822
UPID US07-1798201
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
  • Roliberto's Restaurant
  • Enterprise Rent-A-Car Car Rental Facility
  • JARS Cannabis - El Mirage (Bike/Boat/Book/etc) Store
  • NAPA Auto Parts Auto Parts Store
  • Maaco Auto Body Shop & Painting Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.97M
Blend (final) Blend
$2.83M
Owner & transaction history
Kemad LLC · 4 yrs held
Kemad LLC
since 2021
7 recorded transactions
2024
Price N/A
2021
$900,000
2021
$1.8M
2019
Price N/A
2018
Price N/A
2014
$1.3M
1969
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 $3.7M +6.5%
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