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    3020 Van Buren St Phoenix, AZ 85009-4908

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    3020 Van Buren St Phoenix, AZ 85009-4908


    • Strip malls
    • 20,845 SF
    • 2.10 lot acres
    Off-Market
    Last Sale Dec 1, 2023
    $4,250,000
    Property ID
    US07-0674323
    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.

    Value Estimations
    $5,390,000
    Show details
    Cap Rate Potential
    5.2%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • The Credit Repair - Phoenix, AZ / Financial Advisor
    • TitleMax Title Loans / Loan Service

    Property Details for 3020 Van Buren St

    Year built
    2007
    Construction
    CONCRETE
    Lot size
    2.10 lot acres
    Property size
    20,845 SF
    Zone code
    C-3
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    109-26-086
    APU
    10926086

    Description

    Sinaloa Plaza, located at 3020 & 3024 W Van Buren St in Phoenix, Arizona, presents a compelling investment opportunity within the Tolleson Ret submarket. This vibrant, 23,239 square foot retail strip center, built in 2008, boasts a strong tenant base and high retention rates, indicating a successful and stable location. Currently, there is 1,375 square feet of vacant space available, perfect for a variety of commercial uses. The property is zoned C-3 by the City of Phoenix and situated in Maricopa County. Ample parking is provided with 75 spaces for customers and employees. The center's location on W Van Buren St ensures high visibility and accessibility, attracting a consistent flow of foot traffic. This established retail center offers a proven track record and a loyal customer base, making it an ideal location for businesses seeking strong brand visibility and a thriving commercial environment. The property's success is further evidenced by its high tenant retention, demonstrating a desirable and stable market position within the Tolleson Ret submarket of Phoenix, Arizona. The zip code is 85009.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $5,950,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $5,180,000
      6.5%
      $4,780,000
      7%
      $4,440,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,864,000
      Market price range: $2.44M - $9.59M
      AI Estimate
      $6,230,000
      Market price range: $2.25M - $8.56M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $5,305,000
      Current use
      AUTO REPAIR, GARAGE
      $6,630,000
      Change: +25% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $6,255,000
      Change: +18% Conversion: Difficult
      RETAIL STORES
      $6,210,000
      Change: +17% Conversion: Easy
      WAREHOUSE, STORAGE
      $5,625,000
      Change: +6% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.124
    Latitude
    33.4518
    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
    $60,057
    $0.00
    $0.00
    $826,353
    -
    $1,632,200
    $3,376,000
    $5,008,200
    More about this property
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