20022 31st Ave Phoenix, AZ 85027-9815
Property profile & analytics
20022 31st Ave Phoenix, AZ 85027-9815
- Office buildings
- 178,982 SF
- 24.59 lot acres
Property ID
US07-3112760
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
- Eagle Eye Garage Door's Repair / General Contractor
- Bioteam / Environmental Consultant
- Mcclue David / Insurance Agency
- Konow Beverly / Insurance Agency
- Smith Lori / Insurance Agency
Property Details for 20022 31st Ave
- Year built
- 1988
- Construction
- STEEL FRAME
- Lot size
- 24.59 lot acres
- Property size
- 178,982 SF
- Zone code
- CP/BP
- Property type
- Office buildings
- APN
- 206-12-205
- APU
- 20612205
Description
This exceptional redevelopment opportunity presents a rare chance to acquire a 24.41-acre site in Phoenix's Deer Valley submarket. The property currently features two, two-story office buildings totaling approximately 351,570 square feet of net rentable area, currently at 7.8% occupancy with two tenants. Built in 1985, the buildings boast flexible floor plates and a desirable 6/1,000 parking ratio, along with on-site amenities. The property's Commerce Park/Business Park (CP/BP-SP) zoning allows for significant redevelopment potential, ideally suited for a multi-structure industrial business park. Its prime location at the intersection of I-17 and Loop 101 provides unparalleled freeway access, boasting 1,285 feet of frontage along Loop 101 and access to over 2.55 million people within a 30-minute drive. This vibrant area benefits from significant job and population growth driven by major corporations like Taiwan Semiconductor Manufacturing Company (TSMC), and is surrounded by established businesses including PetSmart, Honeywell, USAA, Cox Communications, and Sunlit Chemicals. The large rectangular parcel offers significant flexibility for future development plans, making this a truly unique investment opportunity in a high-growth market. The property's APN is 206-12-205, and it is located at 20022 N 31st Ave, Phoenix, AZ 85027. There is no existing ground lease.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $15,000,000
- ML approach
- $15,000,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.128
- Latitude
- 33.6669
- 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
$644,235
$0.00
$0.00
$5,692,500
-
$6,238,853
$28,261,147
$34,500,000
