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Property profile & analytics
OFF-MARKET Estimated value $40,650,000
Flex space

8960 Larkspur Dr Peoria, AZ 85381-6147

91,154 SF 16.27 ac lot Built 2007
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US07-1519357
Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2007
Construction CONCRETE
Total area 91,154 SF
Lot 16.27 ac (708,705 SF)
Zoning code PAD
APN 200-80-977
UPID US07-1519357
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
  • Goodman Distribution Inc. Industrial Manufacturer Production Facility
  • Highway 85 Creative Marketing & Advertising Advertising Agency
  • Eco Building Systems Big Box & Wholesale Store Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$40.65M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$40.65M
Owner & transaction history
Westlarkspur Drive West Windsor Dri · 1 yrs held
Westlarkspur Drive West Windsor Dri
since 2024
Last sale
$40.7M
4 recorded transactions
2024
$40.7M
2018
Price N/A
2017
$16,990
2007
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
Retail stores $63.5M +584.6%
Restaurant $52.0M +460.7%
Commercial (general) $49.6M +435.0%
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