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Property profile & analytics
OFF-MARKET
Retail space

528 Western Ave Avondale, AZ 85323-2422

1,100 SF 0.15 ac lot Built 1978
Entity Owned 1-yr Hold Free & Clear
Property ID
US07-0411453
Property summary
AI-generated overview

This exceptional 1,400-square-foot single-tenant office building is ideally situated in the heart of Old Town Avondale, Arizona, at 528 E Western Ave, Avondale, AZ 85323, near 6th St. Completely renovated in 2022, the property boasts new tile plank flooring, updated HVAC units, 14 new LED interior lights, a new hot water heater, fresh paint, and a new roof. The building features a main room, a private office with its own interior and separate entry door, a separate back room with its own entry, and two bathrooms. Eight shared parking spaces are available, along with the potential for a complete façade makeover in 2025 at no cost to the tenant. The property is zoned OTAB and offers excellent visibility with 100% use of street-side monument signage. The versatile space is suitable for a variety of uses, including executive, medical, and creative offices, as well as retail. Permitted uses include professional services, retail, wholesale, administrative offices, training facilities, and various other businesses. Conditional use permits may allow for funeral homes, reception centers, childcare centers, and bars. The flexible layout allows for subleasing opportunities to generate additional income. This is a fantastic opportunity to secure a prime location in a thriving community.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1978
Construction CONCRETE
Total area 1,100 SF
Lot 0.15 ac (6,400 SF)
Zoning code OTAB
APN 500-20-118
UPID US07-0411453
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Regal Roofing Avondale Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Sailin Shoes LLC · 1 yrs held
Sailin Shoes LLC
since 2024
Last sale
$165,000
7 recorded transactions
2024
Price N/A
2022
$165,000
2021
Price N/A
2018
Price N/A
2018
Price N/A
2014
Price N/A
2014
$112,500
Zoning & alternative use
OTAB · Avondale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

100' Parking Setback from Residential District or Use* 25' 25' 25' 25' 25' Maximum Accessory Structure Height 15' 15' 15' 15' 15' * Not applicable to manufactured home parks. 28-57 - Old Town Avondale Business District (OTAB). (a) Purpose. The purpose of the Old Town Avondale Business District (OTAB) is to further the revitalization of the city's original to…

Zone name Old Town Avondale Business
General category COMMERCIAL
Zone area 29.52 ac
Source code of ordinances
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