Technical
Financial
Distress signals
Property profile

28615 El Mirage Rd Peoria, AZ 85383

OFF-MARKET
Strip malls
Property ID
US07-2005142
6,220 SF 0.74 ac lot Built 2007
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Construction CONCRETE
Total area 6,220 SF
Lot 0.74 ac (32,204 SF)
Zoning code PCD
APN 503-99-829
UPID US07-2005142

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
  • Cafe & Coffee Shop
  • Restaurant

Location

28615 El Mirage Rd Peoria, AZ 85383-2093
Peoria metro Census 40536 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
$2.41M
Blend (final) Blend
$1.44M

Owner & transaction history

since 2019
7 recorded transactions
2019
$1.5M
2016
$825,000
2016
$825,000
2012
$25.8M
2007
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PCD · Peoria, AZ
Zoning description

PCD) districts where the approved land use table refers to a City underlying Non-Residential Zoning District. b. Maximum Acreage: Self Storage, Indoor and Drive-Up facilities are limited to a maximum five (5) gross acres…

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $3.4M +42.7%
Auto repair, garage $2.6M +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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