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    OFF-MARKET
    Office Units

    8487 Washington St, Peoria, AZ 85345

    1,832 SF Built 2017
    Property ID
    US07-0828365
    Property summary
    AI-generated overview

    This exceptional 1,832 square foot creative office space, built in 2017, presents a unique owner-user opportunity in the heart of downtown Peoria, Arizona. Located on a 7,000 square foot lot at 8487 W Washington St, 85345, this fee-simple property boasts a modern design and versatile layout, perfect for a blend of residential and commercial use. The single-story building features five parking spaces and is zoned CC. The interior includes a spacious open floor plan, granite countertops, stainless steel appliances, ceramic tile flooring, and dual-pane windows. The master suite offers a walk-in closet and tiled shower. Four large bedrooms, two with built-in desks, cater to both work and living needs. Outdoor amenities include an entertainer's backyard with a gazebo and pavers. Interior features include a two-car garage with epoxy flooring, an in-ground safe, and a surveillance system. The asking price is $700,000, translating to $382.10 per square foot. This property offers significant mixed-use potential in a high-demand downtown location, making it an attractive investment for a discerning buyer. The property is currently vacant. The APN is 142-41-056.

    Property profile
    Verified
    Property type Office Units
    Year built 2017
    Total area 1,832 SF
    APN 142-41-056
    UPID US07-0828365
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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