6730 Olive Ave Peoria, AZ 85345
- Commercial real estate
- 0.74 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 6730 Olive Ave
- Year built
- 1989
- Construction
- STEEL FRAME
- Lot size
- 0.74 lot acres
- Zone code
- C-C
- Property type
- Commercial real estate
- APN
- 143-11-678
- APU
- 14311678
Description
This single-story, Class B office building, constructed in 1986 and renovated in 2021, offers a fantastic opportunity for businesses seeking flexible space. Located at the intersection of Olive and 67th Avenue, this property boasts a total of 38,000 square feet across 12 suites. Currently, 1,800 square feet of contiguous space is immediately available, perfect for a variety of uses, including office or retail. The minimum divisible space is also 1,800 square feet. The building features a 10-foot ceiling height and ample parking, catering to the high traffic volume of the shopping center location. The property sits on a 3-acre lot, providing plenty of room for expansion or outdoor amenities. This is an ideal location for businesses seeking high visibility and convenient access. The available space is adaptable to various business needs, making it a versatile option for both established companies and startups. Don't miss this chance to secure a well-maintained, conveniently located space in a thriving commercial area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $385,000
- 6.5%
- $345,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $375,000
- Geo Method
- $350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $410,000
- Retail
- $395,000
- Mixed-Use
- $365,000
- Hospitality
- $410,000
- Educational
- $400,000
- Residential Income
- $430,000
- Energy
- $330,000
- Income-Based Land
- $380,000
- Food Service
- $390,000
Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.205
- Latitude
- 33.5676
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA