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Property profile & analytics
OFF-MARKET Estimated value $3,965,000
Commercial land

8808 Black Cyn Hwy Peoria, AZ 85381

11.24 ac lot
Entity Owned 4-yr Hold Free & Clear
Property ID
US07-1286834
Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 11.24 ac (489,687 SF)
Zoning code PAD
APN 200-80-978
UPID US07-1286834
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.97M
Owner & transaction history
Trea Empire Business Park LLC · 4 yrs held
Trea Empire Business Park LLC
since 2022
Last sale
$4.0M
7 recorded transactions
2022
$4.0M
2018
$4.0M
2015
$230,565
2015
Price N/A
2015
$53,964
2015
$124,122
2015
$338,494
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
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