Financial
Distress signals
Property profile

2860 West Peoria Ave Phoenix, AZ 85029

FOR LEASE
Office buildings
Property ID
US07-0972570
7,916 SF 0.71 ac lot Built 1975
Last sale Dec 2023 · $1,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a commercial retail development located at 2860 W Peoria Ave in Phoenix, Arizona, positioned on the northwest corner of Peoria Avenue and Interstate 17.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$12k
Tax billed · 2022
Assessed value · 2024$303k
Effective rate4.01%

Value estimate

· Sep 2026
$1.76M
$1.58M – $1.94M
CAP approach$2.23M

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$629/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$192 – $1,172
Qualifying comparables18

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wid...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Grocery Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Grocery Store13.1
Skin Care Clinic12.4
Food Market11.5

Location

2860 West Peoria Ave Phoenix, AZ 85029
County assessor Recorded deeds · 8 transfers 18 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11840 28th, Phoenix, AZ 85029-3300 $1,265,000 Mar 2024 6,000 SF
1817 Peoria, Phoenix, AZ 85029-5030 $1,400,000 Nov 2023 10,480 SF
1939 Cactus, Phoenix, AZ 85029-2739 $2,500,000 Mar 2022 5,939 SF
2432 Peoria, Phoenix, AZ 85029-4726 $15,811,805 Nov 2019 11,481 SF
11070 24th, Phoenix, AZ 85029-4705 $899,000 Oct 2019 11,408 SF
10825 25th, Phoenix, AZ 85029 $20,100,000 Jul 2019 4,790 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message