Technical
Financial
Distress signals
Property profile

9460 W Peoria Ave Peoria, AZ 85345

FOR SALE
Office buildings
Property ID
US07-0741395
8,618 SF 0.83 ac lot Built 1979
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 8,639-square-foot retail building, situated on a 19,276-square-foot lot in Peoria, Arizona, presents a compelling owner-user or investment opportunity. Built in 1979 and meticulously maintained by the same owner since its construction, the property boasts a highly visible location with monument signage and ample parking (5.16 spaces per 1,000 sq ft). The building is zoned C-2, offering flexible occupancy options. Original construction drawings are available, facilitating potential expansion plans. The property includes existing furniture, fixtures, and equipment, and benefits from an adjacent lot allowing for future expansion. This single-story structure offers a strong foundation for a thriving business, with the potential for significant modifications to create impressive office space. The surrounding area features a concentration of residential and commercial development, ensuring high visibility and accessibility. Priced at $1,700,000 ($204.11 per square foot), this property represents a rare opportunity to acquire a well-maintained, strategically located retail space in a thriving Arizona market. The APN is 142-53-002S. The address is 9460 W Peoria Ave, Peoria, AZ 85345.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1979
Construction CONCRETE
Total area 8,618 SF
Lot 0.83 ac (35,937 SF)
Zoning code C-2
APN 142-53-002R
UPID US07-0741395

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Insurance Agency
  • Insurance Agency
  • Insurance Agency
  • Car Rental Facility

Location

9460 W Peoria Ave Peoria, AZ 85345
Peoria metro Census 71801 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$555k

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
2019
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Peoria, AZ
Zoning description

Intermediate Commercial District (C-2). The C-2 District is intended to provide a shopping center for the sale of convenience goods and personal services. In order to prevent the establishment of undesirable "strip" comm…

General category COMMERCIAL
Top alternative use upside
Warehouse, storage $1.8M +18.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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