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Property profile

8487 Washington St Peoria, AZ 85345

OFF-MARKET
Office Spaces
Property ID
US07-0828365
View Sample
1,832 SF Built 2017

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 Spaces
Year built 2017
Total area 1,832 SF
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

Value estimations

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Owner & transaction history

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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