Property profile

7400 Olive Ave Peoria, AZ 85345

OFF-MARKET
Strip malls
Property ID
US07-2928602
44,537 SF 4.27 ac lot Built 1987
Entity Owned 35-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Construction CONCRETE
Total area 44,537 SF
Lot 4.27 ac (186,045 SF)
Zoning code C-2
APN 143-10-005H
UPID US07-2928602

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home Retirement Community
  • Physician
  • Physician
  • High School Daycare Center
  • Building Supply General Contractor

Location

7400 Olive Ave Peoria, AZ 85345-8889
Peoria metro Census 71914 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.02M
Blend (final) Blend
$745k

Owner & transaction history

since 1990
2 recorded transactions
1990
$700,000
1988
Price N/A

Zoning & alternative use

C-2 · Peoria, AZ
Zoning description

Intermediate Commercial District (C-2). The C-2 District is intended to provide a shopping center for the sale of convenience goods and personal services. In order to prevent the establishment of undesirable "strip" comm…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7400 Olive Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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