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Property profile & analytics
OFF-MARKET Estimated value $955,000
Grocery and convenience stores

8319 Bell Rd Peoria, AZ 85382-3701

2,760 SF 1.27 ac lot Built 1999
Entity Owned 17-yr Hold ~ Est. High Equity
Property ID
US07-0395086
Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1999
Construction STEEL FRAME
Total area 2,760 SF
Lot 1.27 ac (55,321 SF)
Zoning code PAD
APN 200-53-002L
UPID US07-0395086
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
  • Circle K Grocery & Convenience Store
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Glacier Water Kiosk Big Box & Wholesale Store
  • Ultron ATM Atm
  • Bitcoin Depot ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.30M
Blend (final) Blend
$955k
Owner & transaction history
Act Circle LLC · 17 yrs held
Act Circle LLC
since 2009
4 recorded transactions
2009
$2.5M
2003
Price N/A
1997
$1.0M
1969
Price N/A
Zoning & alternative use
PAD · Peoria, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Sec. 21-601. Planned Area Development (PAD). A. Intent. The Planned Area Development District (PAD) is intended to provide an alternative zoning district to the conventional zoning and development approaches and processes in the City of Peoria, Arizona in order that within this designated District the following goals may be achieved: 1. To enhance the City's…

Zone name Planned Area Development
General category INDUSTRIAL
Zone area 12,203.05 ac
Source Chapter 21 ZONING
Top alternative use upside
Retail stores $1.9M +82.5%
Commercial (general) $1.5M +42.7%
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