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    Property profile & analytics

    8524 7th St Phoenix, AZ 85020-3109

    • Strip malls
    • 12,268 SF
    • 1.16 lot acres
    OFF-MARKET
    Value Estimation
    $1,875,000
    Last Sale
    Nov 28, 2023
    $1,875,000
    Location Intelligence
    Property ID
    US07-1069292
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cody's Concrete Repair / Concrete Contractor

    Property Details for 8524 7th St

    Year built
    1965
    Construction
    CONCRETE
    Lot size
    1.16 lot acres
    Property size
    12,268 SF
    Zone code
    C-2
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    160-48-045F
    APU
    16048045F

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,845,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,050,000
      6.5%
      $1,825,000
      7%
      $2,025,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,685,000
      Geo Method
      $1,880,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,150,000
      Retail
      $2,105,000
      Mixed-Use
      $1,675,000
      Hospitality
      $1,825,000
      Educational
      $1,630,000
      Residential Income
      $1,915,000
      Energy
      $1,570,000
      Income-Based Land
      $2,030,000
      Food Service
      $2,140,000

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.066
    Latitude
    33.5614
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,250
    $0.00
    $0.00
    $209,570
    -
    $555,600
    $775,300
    $1,330,900

    Comparable in this City

    • Value Estimation by Request
      16,570 SF

      201 Dunlap Ave

      SHOPPING CENTER, STRIP CENTER • 16,570 SF
      201 Dunlap Ave, Phoenix, AZ 85020-2881
      View Details
    • Value Estimation by Request
      1,600 SF

      522 Dunlap Ave

      SHOPPING CENTER, STRIP CENTER • 1,600 SF
      522 Dunlap Ave, Phoenix, AZ 85020-2916
      View Details
    • Value Estimation by Request
      41,124 SF

      742 Glendale Ave

      SHOPPING CENTER, STRIP CENTER • 41,124 SF
      742 Glendale Ave, Phoenix, AZ 85020-5345
      View Details
    • Value Estimation by Request
      5,438 SF

      538 Dunlap Ave

      SHOPPING CENTER, STRIP CENTER • 5,438 SF
      538 Dunlap Ave, Phoenix, AZ 85020
      View Details
    • Value Estimation by Request
      2,500 SF

      9222 7th St

      SHOPPING CENTER, STRIP CENTER • 2,500 SF
      9222 7th St, Phoenix, AZ 85020-2543
      View Details
    • Value Estimation by Request
      5,000 SF

      9226 7th St

      SHOPPING CENTER, STRIP CENTER • 5,000 SF
      9226 7th St, Phoenix, AZ 85020-2541
      View Details

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    Similar Nearby for Lease

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      Retail space with high foot traffic near Sunnyslope High.
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      Retail space available in a vibrant Phoenix shopping center.
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    • Contact for pricing
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      Phoenix Retail Space For Lease

      Retail space for lease in Phoenix, Arizona.
      9812 N 7Th St, Phoenix, AZ 85020
      View Details
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    Phoenix, AZ 85020-3109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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