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Property profile & analytics
OFF-MARKET Estimated value $355,000
Strip malls

21031 83rd Ave Peoria, AZ 85382

10,540 SF 1.02 ac lot Built 2002
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US07-1016842
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2002
Construction CONCRETE
Total area 10,540 SF
Lot 1.02 ac (44,317 SF)
Zoning code PAD
APN 200-16-971
UPID US07-1016842
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
$2.58M
Comparable Approach Comparable
$2.47M
Blend (final) Blend
$355k
Owner & transaction history
CRESCENT COMMERCIAL LLC,
CRESCENT COMMERCIAL LLC,
Zoning & alternative use
PAD · Peoria, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 processes in the City of Peoria, Arizona in order that within this designated District the following goals may be achieved: 1. To enhance the City's…

Zone name Planned Area Development
General category INDUSTRIAL
Zone area 12,203.05 ac
Source Chapter 21 ZONING
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