4705 Carefree Hwy Cave Creek, AZ 85331-4741
The Shops at Dove Valley, located at 4705 E Carefree Hwy, Cave Creek, AZ 85331, presents a compelling investment opportunity in a thriving Maricopa County market. This 38,925 square foot retail strip/neighborhood center, built in 2007, sits on a substantial 850-acre lot and offers excellent visibility due to its location near Black Mountain Parkway. Currently, there are three available spaces ranging from 1,308 to 3,708 square feet, totaling 4,698 square feet of vacant space. The property's multiple tenancy structure provides a diversified income stream. The center's strategic location in Cave Creek offers access to a strong local customer base and significant growth potential. This property is ideal for investors seeking a well-established retail center with immediate income generation and expansion opportunities. The large lot size provides ample room for future development or expansion of the existing center. This is a rare opportunity to acquire a significant retail property in a desirable location. The property's 2007 construction ensures relatively modern facilities and infrastructure. Detailed financial information is available upon request.
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JK11 JCIL.INC. Gym & Fitness Center Sports School
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Ray's Famous Pizza Cave Creek Restaurant
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4 Paws & Claws Veterinary Clinic
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Bahar Farani Ata-Abadi Dental Office
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The Shops At Dove Valley Shopping Center & Mall
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Cave Creek, AZCave Creek. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.