Technical
Financial
Distress signals
Property profile

20851 83rd Ave Peoria, AZ 85382

OFF-MARKET
Strip malls
Property ID
US07-0669044
4,680 SF 0.94 ac lot Built 2005
Entity Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Construction CONCRETE
Total area 4,680 SF
Lot 0.94 ac (41,092 SF)
Zoning code PAD
APN 200-16-962
UPID US07-0669044

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Pet Grooming Service
  • Specialty Food Shop (Bike/Boat/Book/etc) Store
  • Atm Bank
  • Restaurant

Location

20851 83rd Ave Peoria, AZ 85382-7440
Peoria metro Census 613900 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.49M
Blend (final) Blend
$275k

Owner & transaction history

since 2011
7 recorded transactions
2018
Price N/A
2018
Price N/A
2011
$505,000
2010
$499,200
2004
$350,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PAD · Peoria, AZ
Zoning description

Sec. 21-601. Planned Area Development (PAD). A. Intent. The Planned Area Development District (PAD) is intended to provide an alternative zoning district to the conventional zoning and development approaches and processe…

General category INDUSTRIAL
Top alternative use upside
Retail stores $3.3M +82.5%
Commercial (general) $2.5M +42.7%
Auto repair, garage $1.9M +8.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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