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Property profile & analytics
OFF-MARKET Estimated value $3,035,000
Strip malls

16425 Palisades Blvd Fountain Hills, AZ 85268-3754

16,338 SF 1.17 ac lot Built 1998
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US07-1170800
Property summary
AI-generated overview

Red Rock Plaza, located at 16425 E Palisades Blvd, Fountain Hills, AZ 85268 (APN 176-24-563), offers exceptional commercial space. This 16,276 square foot multi-tenant property features a mix of retail and executive office spaces, currently with four available units ranging from 1,311 to 1,743 square feet. The property benefits from a high-traffic location, anchored by Anytime Fitness, ensuring excellent visibility and foot traffic. Ample parking is available for customers and employees. Monument signage opportunities are also present, providing strong branding potential. The property enjoys convenient access to Beeline Highway, enhancing accessibility for both clients and staff. This prime Fountain Hills location presents a unique opportunity for businesses seeking a vibrant and accessible setting. The property's versatile spaces are ideal for a variety of uses, making it an attractive option for businesses looking to establish or expand their presence in the thriving Fountain Hills market. Affordable rates are available. The property is categorized as Retail and Office, with a subtype of Executive Office and Storefront Retail/Office.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1998
Construction CONCRETE
Total area 16,338 SF
Lot 1.17 ac (50,878 SF)
Zoning code C-2
APN 176-24-563
UPID US07-1170800
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
$3.19M
Blend (final) Blend
$3.04M
Owner & transaction history
Bailey Red Rock Plaza LLC · 9 yrs held
Bailey Red Rock Plaza LLC
since 2017
4 recorded transactions
2017
Price N/A
2015
$3.4M
2015
Price N/A
2015
Price N/A
Zoning & alternative use
C-2 · Fountain Hills, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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