1940 W Indian School Rd Phoenix, AZ 85015
Property profile & analytics
1940 W Indian School Rd, Phoenix, AZ 85015
- Grocery and convenience stores
- 62,877 SF
- 5.35 lot acres
Property ID
US07-0522298
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- KeyExpress Locksmiths / Locksmith / (Bike/Boat/Book/etc) Store
- Cloud Digital Download / Department Store
- Walt's Ace Hardware / Building Supply / Hardware & Home Improvement
- US Army Career Center / Military Recruiting Office
- Sparks Hall of Fades n braids / Barber Shop
Property Details for 1940 W Indian School Rd
- Year built
- 1990
- Construction
- CONCRETE
- Lot size
- 5.35 lot acres
- Zone code
- C-2
- Property type
- Grocery and convenience stores
- APN
- 154-31-004C
- APU
- 15431004C
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 1, 2024 | $15,600,000 | Horizon Sc LLC | Indian School Horizon Village LLC | Special Warranty Deed | $8.5M · Woodmen Of The World Life Insurance |
| Jan 13, 2017 | $4,979,000 | Westport Phoenix Portfolio | East Indian School Props | Trust Deed | $5.1M · Bank Of America |
| Dec 15, 2004 | — | Indian Sch Horizon Village LLC | Indian School-19th Ave | Quit Claim Deed · related | $7.4M · Bear Stearns Commercial Mtg |
| May 31, 1995 | $5,960,000 | Indian School & 19th Ave Co | Westwood Financial Corp | Grant Deed | — |
| Jan 25, 1995 | $5,520,000 | Westwood Financial Corp | Horizon Village | Grant Deed · related | $3.9M · Seller |
| — | — | Indian Sch Horizon Village LLC | — | Deed Of Trust · related | — |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $15,600,000
- ML approach
- $15,600,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $11,845,000
- 6.5%
- $10,935,000
- 7%
- $10,150,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $18,735,000 Current use
- MEDICAL BUILDING
- $16,690,000 Change: -11% Conversion: Difficult
- WAREHOUSE, STORAGE
- $16,320,000 Change: -13% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $16,005,000 Change: -15% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.102
- Latitude
- 33.4968
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$124,740
$0.00
$0.00
$888,146
-
$1,903,400
$3,479,300
$5,382,700
