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Property profile & analytics

3950 Indian School Rd Phoenix, AZ 85018-5245

  • Strip malls
  • 13,835 SF
  • 1.38 lot acres
OFF-MARKET
Last Sale
Mar 09, 2022
$9,350,000
Value Estimations
$8,460,000
Show details
Cap Rate Potential
2.4%
Strip malls
Location Intelligence
Property ID
US07-2470371
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.

Current Use by Public Records

  • radi8 HOT YOGA / Men'S Clothing Store / Wellness Program
  • Arcadia Meat Market / Butcher Shop
  • Lola Coffee / Coffee Shop
  • FACE FOUNDRIÉ - Phoenix / Facial Spa
  • Cold Beers & Cheeseburgers / Hamburger Restaurant / American Restaurant

Property Details for 3950 Indian School Rd

Year built
2016
Lot size
1.38 lot acres
Property size
13,835 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
170-32-100B
APU
17032100B

Description

Arcadia Place, a 13,855 square foot Class B retail center in Phoenix, Arizona, presents a prime opportunity. Located at 3950 E Indian School Rd, zip code 85018, this multi-tenant property boasts a 1.38-acre lot and ample parking with 98 stalls. Built in 2017, the center is zoned C-2, Phoenix, allowing for a variety of commercial uses. Currently, 2,000 square feet of retail space is available, ideal for a restaurant or similar establishment. This space is an end cap unit, offering excellent visibility and accessibility. The property's existing infrastructure and convenient location on East Indian School Road provide immediate access to a high volume of traffic and a dense residential population. The existing tenants contribute to a thriving commercial environment, creating a synergistic atmosphere for new businesses. This is a second-generation restaurant space, offering a ready-to-occupy layout with potential for immediate operations. Serious inquiries are encouraged to explore this exceptional retail investment opportunity in a dynamic Phoenix location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $8,560,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $6,366,000
    Market price range: $1.62M - $6.37M
    AI Estimate
    $5,681,000
    Market price range: $1.49M - $5.68M

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


Location Insight

  • Map
  • Local Demand
City
Phoenix
County
Maricopa
State
Arizona
Longitude
-111.996
Latitude
33.4955
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
$69,851
$0.00
$0.00
$826,168
-
$2,911,700
$2,095,376
$5,007,076
More about this property
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