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Property profile & analytics
OFF-MARKET Estimated value $8,575,000
Flex space

8679 Ludlow Dr Peoria, AZ 85381-3822

33,743 SF 3.11 ac lot Built 2008
Individually Owned 11-yr Hold ~ Est. High Equity
Property ID
US07-1011941
Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2008
Construction CONCRETE
Total area 33,743 SF
Lot 3.11 ac (135,342 SF)
Zoning code PAD
APN 200-63-554
UPID US07-1011941
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
  • 101 and Thunderbird - Goodwill - Retail Store and Donation Center Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.58M
Blend (final) Blend
$8.58M
Owner & transaction history
Indl Acquisitions In First · 11 yrs held
Indl Acquisitions In First
since 2014
2 recorded transactions
2014
$18.3M
2013
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
Auto repair, garage $13.9M +304.9%
Neighborhood: shopping center $12.9M +275.1%
Medical building $9.6M +181.1%
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