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

709 Southern Ave Phoenix, AZ 85041

  • Grocery and convenience stores
  • 2,700 SF
  • 0.53 lot acres
For Sale
Last Sale
Jan 30, 2024
$1,900,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US07-0016737
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

  • Sahara Shell / Auto Repair Shop / Convenience Store
  • ATM (Sahara Shell) / Atm
  • Bitcoin Depot - Bitcoin ATM / Atm / Crypto Atm
  • Gas & More / Gas Station

Property Details for 709 Southern Ave

Year built
1986
Construction
STEEL FRAME
Lot size
0.53 lot acres
Property size
2,700 SF
Zone code
C-1
Property type
Grocery and convenience stores
APN
105-83-002L
APU
10583002L

Description

This exceptional 2,700 square foot retail property, located at 709 W Southern Ave in Phoenix, Arizona, presents a compelling investment opportunity. Situated on approximately 0.53 acres of land, this single-tenant convenience store is ideally positioned at the southwest corner of 7th Avenue and Southern Avenue, a signalized intersection boasting nearly 60,000 vehicles per day. The property is zoned C-1 and its APN is 105-83-002L. The location benefits from its placement within a thriving shopping center anchored by a high-performing Food City, ensuring significant foot traffic and visibility. Pylon signage is available, further enhancing marketing potential. The property is currently occupied by an existing gas station business. This offering presents a unique opportunity for lease, ground lease, build-to-suit, or outright purchase. The property's strategic location, high traffic count, and existing business operations make it an attractive prospect for investors seeking a strong return on investment in a dynamic Phoenix market. The Maricopa County location and 85041 zip code add to its desirability.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,900,000
    ML approach
    $1,900,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,422,000
    Market price range: $809k - $2.25M
    AI Estimate
    $1,422,000
    Market price range: $809k - $2.25M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,880,000
    AUTO REPAIR, GARAGE
    $1,140,000

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


Location Insight

  • Map
  • Local Demand
City
Phoenix
County
Maricopa
State
Arizona
Longitude
-112.082
Latitude
33.3919
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
$13,395
$0.00
$0.00
$130,733
-
$571,800
$220,519
$792,319
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