Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    400 75th Ave Phoenix, AZ 85043-2100

    • Grocery and convenience stores
    • 7,318 SF
    • 4.08 lot acres
    OFF-MARKET
    Value Estimations
    $6,100,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-2406921
    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

    • Amazon Locker - Noah / Courier Service / Postal Service
    • QuikTrip / Gas Station
    • Western Union / Bank / Credit Union

    Property Details for 400 75th Ave

    Year built
    2021
    Lot size
    4.08 lot acres
    Property size
    7,318 SF
    Property type
    Grocery and convenience stores
    APN
    102-43-014
    APU
    10243014

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,098,000
      Market price range: $2.19M - $6.10M
      AI Estimate
      $6,098,000
      Market price range: $2.19M - $6.10M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $5,095,000
      RESTAURANT
      $3,910,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.222
    Latitude
    33.4527
    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
    $57,313
    $0.00
    $0.00
    $680,220
    -
    $1,465,900
    $2,656,645
    $4,122,545

    Comparable in this City

    • Value Estimation
      $2,665,000
      3,196 SF

      5107 Buckeye Rd

      CONVENIENCE STORE • 3,196 SF
      5107 Buckeye Rd, Phoenix, AZ 85043-4717
      View Details
    • Value Estimation
      $1,545,000
      1,852 SF

      5049 Buckeye Rd

      CONVENIENCE STORE • 1,852 SF
      5049 Buckeye Rd, Phoenix, AZ 85043-4801
      View Details
    • Value Estimation
      $960,000
      2,714 SF

      5041 Lowr Buckeye Rd

      CONVENIENCE STORE • 2,714 SF
      5041 Lowr Buckeye Rd, Phoenix, AZ 85043-8109
      View Details
    • Value Estimation
      $6,100,000
      7,318 SF

      5960 Buckeye Rd

      CONVENIENCE STORE • 7,318 SF
      5960 Buckeye Rd, Phoenix, AZ 85043-4513
      View Details
    • Value Estimation
      $1,150,000
      2,577 SF

      1207 75th Ave

      CONVENIENCE STORE • 2,577 SF
      1207 75th Ave, Phoenix, AZ 85043-1105
      View Details
    • Value Estimation
      $3,035,000
      3,132 SF

      1515 75th Ave

      CONVENIENCE STORE • 3,132 SF
      1515 75th Ave, Phoenix, AZ 85043-1103
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,680 SF

      Retail Space Near Loop 202

      Retail space with premier visibility and accessibility near Loop 202.
      5041 W Lower Buckeye Rd, Phoenix, AZ 85043
      View Details
    • Contact for pricing

      Phoenix Parking Lot For Sale

      Parking lot available for sale in Phoenix, Arizona.
      6030 W Buckeye Rd, Phoenix, AZ 85043
      View Details
    • Contact for pricing

      Commercial Lot on Major Street

      Development-ready commercial lot for sale or lease.
      67th Ave & Van Buren St, Phoenix, AZ 85043
      View Details
    • $725,000

      Phoenix Land with Building

      One acre lot with a 3,000 SF building.
      51St Ave, Phoenix, AZ 85043
      View Details
    • Contact for pricing

      Industrial Land with Fenced Yard

      2.94 acre industrial land with ABC millings and fencing.
      304 S 67Th Ave, Phoenix, AZ 85043
      View Details
    • $3,900,000
      15,520 SF

      Phoenix Warehouse with Mezzanine, New Roof

      Phoenix warehouse with mezzanine, new roof, and convenient highway access.
      5723 W Washington St, Phoenix, AZ 85043
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,800 SF

      Retail Space with Monument Signage

      Retail space with high visibility and existing sandwich shop infrastructure.
      1075 N 51St Ave, Phoenix, AZ 85043
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Phoenix Center

      Retail space available in a destination shopping center.
      7625 W Lower Buckeye Rd, Phoenix, AZ 85043
      View Details
    • Contact for pricing

      Industrial Land Near I-10 & 202

      7.4 acres of fenced industrial land with truck shop.
      302 South 67Th Ave, Phoenix, AZ 85043
      View Details
    • Contact for pricing

      Commercial Land Available For Lease

      Commercial land available for lease at SWC 75th Ave.
      75th Ave & Lower Buckeye Rd, Phoenix, AZ 85043
      View Details
    • Contact for pricing

      Phoenix Retail Space For Lease

      Retail space for lease at 67th Ave & Lower Buckeye Rd.
      67th Ave & Lower Buckeye Rd, Phoenix, AZ 85043
      View Details
    • Contact for pricing
      42,687 SF

      Retail Space in Phoenix, AZ

      Retail property with high traffic and strong demographics.
      51St Ave, Phoenix, AZ 85043
      View Details

    Property Visit Statistics

    • Visits by month
      51.3k
    • Visitors by month
      29.9k
    • Avg Time on site
      12 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    400 75th Ave
    Phoenix, AZ 85043-2100
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!