Technical
Financial
Distress signals
Property profile

8392 Thunderbird Rd Peoria, AZ 85381

OFF-MARKET
Strip malls
Property ID
US07-3408996
5,564 SF 0.8 ac lot Built 2005
Entity Owned 16-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Construction CONCRETE
Total area 5,564 SF
Lot 0.8 ac (34,725 SF)
Zoning code C-2
APN 231-14-369
UPID US07-3408996

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
  • Dental Office
  • Insurance Agency
  • Dental Office
  • Dental Office

Location

8392 Thunderbird Rd Peoria, AZ 85381-5635
Peoria metro Census 71515 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.79M
Blend (final) Blend
$570k

Owner & transaction history

since 2010
2 recorded transactions
2010
Price N/A
2006
$2.2M

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
Top alternative use upside
Retail stores $3.9M +82.5%
Restaurant $3.2M +49.5%
Commercial (general) $3.0M +42.7%

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
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