Financial
Distress signals
Property profile

14050 N 83Rd Ave Peoria, AZ 85381

FOR SALE
Office buildings
Property ID
US07-1110235
75,001 SF 10.9 ac lot Built 2005
Last sale Dec 2005 · $2,850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Class A office complex, Thunderbird 101, offers 70,119 square feet of prime office space in the heart of Peoria's central business district. Located at the intersection of N 83rd Ave and Loop 101, this two-building property boasts a convenient location with exceptional freeway access. The complex features modern layouts and offers suites ranging from 1,331 to 5,514 contiguous square feet, with a total of 37,881 square feet currently vacant. Multiple tenancy options are available.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$326k
Tax billed · 2023
Assessed value · 2024$4.25M
Effective rate7.66%

Value estimate

· Sep 2026
$11.09M
$9.98M – $12.20M
Submarket $/SF estimate$11.09M
NOI build-up
Gross scheduled income$3.36M
Vacancy & credit loss−$487k
Operating expenses−$718k
NOI · 9.58% cap applied$2.15M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$108/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$45 – $148
Qualifying comparables11

Cap rate analysis

How does the asset earn?
9.58%
$2.15M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2
Intermediate Commercial District (C-2). The C-2 District is intended to provide a shopping center for the sale of convenience goods and p...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant36.3
Building Supply33.6
Wholesale Shop32.0

Location

14050 N 83Rd Ave Peoria, AZ 85381
County assessor Recorded deeds · 7 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8253 Thunderbird, Peoria, AZ 85381-4616 $2,464,000 Nov 2024 8,304 SF
15188 75th Ave, Peoria, AZ 85381-4723 $240,000 Jun 2024 6,683 SF
8256 Cactus Rd, Peoria, AZ 85381-5232 $445,000 May 2024 6,840 SF
7972 Thunderbird Rd, Peoria, AZ 85381-4903 $900,000 Nov 2023 9,064 SF
14155 83rd Avef101a, Peoria, AZ 85381-5639 $1,820,000 Jan 2022 9,107 SF
7966 Thunderbird, Peoria, AZ 85381-4902 $310,800 Nov 2021 9,064 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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