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    Property profile & analytics

    8815 Peoria Ave Ste, Unit 1 Peoria, AZ 85345-9402

    • Strip malls
    • 18,288 SF
    • 4.39 lot acres
    OFF-MARKET
    Value Estimation
    $3,020,000
    Last Sale
    Apr 05, 2023
    $3,050,011
    Location Intelligence
    Property ID
    US07-1284914
    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

    • Strip malls

    Property Details for 8815 Peoria Ave Ste

    Year built
    1984
    Construction
    CONCRETE
    Lot size
    4.39 lot acres
    Property size
    18,288 SF
    Zone code
    C-2
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    142-37-001W
    APU
    14237001W

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,000,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,285,000
      6.5%
      $2,825,000
      7%
      $2,930,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,885,000
      Geo Method
      $2,675,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,990,000
      Retail
      $3,120,000
      Mixed-Use
      $3,110,000
      Hospitality
      $3,190,000
      Educational
      $3,250,000
      Residential Income
      $3,290,000
      Energy
      $3,050,000
      Income-Based Land
      $3,510,000
      Food Service
      $3,560,000

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.249
    Latitude
    33.58
    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
    $21,834
    $0.00
    $0.00
    $477,021
    -
    $1,067,400
    $2,225,807
    $3,293,207

    Comparable in this City

    • Value Estimation by Request
      7,224 SF

      9008 99th Ave

      SHOPPING CENTER, STRIP CENTER • 7,224 SF
      9008 99th Ave, Peoria, AZ 85345-6948
      View Details
    • Value Estimation by Request
      14,775 SF

      9780 Northern Ave

      SHOPPING CENTER, STRIP CENTER • 14,775 SF
      9780 Northern Ave, Peoria, AZ 85345-4606
      View Details
    • Value Estimation by Request
      13,760 SF

      9069 Olive Ave

      SHOPPING CENTER, STRIP CENTER • 13,760 SF
      9069 Olive Ave, Peoria, AZ 85345-9124
      View Details
    • Value Estimation by Request
      24,700 SF

      6750 Olive Ave

      SHOPPING CENTER, STRIP CENTER • 24,700 SF
      6750 Olive Ave, Peoria, AZ 85345-8888
      View Details
    • Value Estimation by Request
      3,200 SF

      7530 Peoria Ave

      SHOPPING CENTER, STRIP CENTER • 3,200 SF
      7530 Peoria Ave, Peoria, AZ 85345-1200
      View Details
    • Value Estimation by Request
      6,480 SF

      8877 107th Ave

      SHOPPING CENTER, STRIP CENTER • 6,480 SF
      8877 107th Ave, Peoria, AZ 85345-7507
      View Details

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    Similar Nearby for Lease

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      Multi-tenant retail center with ample parking and high traffic.
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      Prime Peoria Retail Space Available
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      Prime Peoria retail space, two units available.
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      Retail spaces available in a new master-planned community.
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      View Details
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    Peoria, AZ 85345-9402
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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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