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Property profile & analytics
OFF-MARKET Estimated value $1,785,000
Strip malls

14815 Shea Blvd Fountain Hills, AZ 85268-5998

4,450 SF 1.1 ac lot Built 2002
Entity Owned 1-yr Hold Free & Clear
Property ID
US07-0062914
Property summary
AI-generated overview

This exceptional Class A retail property, located at 14815 E Shea Blvd in Fountain Hills, Arizona, presents a unique investment opportunity. Currently vacant, this 4,450 square-foot restaurant space, formerly known as VU Bistro, boasts a prime location within the Eagle Mountain Village Marketplace. The single-story building, constructed in 2002, sits on a 1.1-acre lot and offers 100 parking spaces, catering to ample customer convenience. The property features high ceilings, floor-to-ceiling windows, a full-service kitchen, and a wraparound bar. A large outdoor patio provides breathtaking 180-degree views of the desert landscape, Superstition Mountains, and the Eagle Mountain golf course. The C-1 zoning allows for diverse commercial uses. The asking price is $3,000,000, translating to $674.16 per square foot. This owner-user opportunity is ideal for a discerning buyer seeking a high-profile location in a thriving community with affluent demographics. The property's proximity to Scottsdale and Phoenix airports (within 30 minutes) and easy access to Mesa and the East Valley via the Beeline Highway further enhance its appeal. The property is available for occupancy on June 30, 2023, and is suitable for a 1031 exchange. The APN is 217-72-098.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2002
Construction CONCRETE
Total area 4,450 SF
Lot 1.1 ac (47,932 SF)
Zoning code C-1
APN 217-72-098
UPID US07-0062914
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$1.79M
Owner & transaction history
Fhs 15531 LLC · 1 yrs held
Fhs 15531 LLC
since 2025
Last sale
$2.4M
7 recorded transactions
2025
$2.4M
2024
$1.6M
2023
Price N/A
2015
$1.4M
2011
$3.1M
2010
$3.6M
2004
$8.4M
Zoning & alternative use
C-1 · Fountain Hills, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.2M +126.0%
Retail stores $2.1M +112.8%
Auto repair, garage $1.8M +90.4%
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