Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9800 91st Ave Peoria, AZ 85345-8373
    Back to Search
    Property profile & analytics

    9800 91st Ave, Peoria, AZ 85345-8373

    View on Map
    • Flex space
    • 35,720 SF
    • 3.31 lot acres
    Off-Market
    Last Sale Oct 15, 2021
    $41,827,000
    Property ID
    US07-1290767
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • MicroOne Technology / Tech Support Center / IT Consulting Firm
    • City Electric Supply Peoria / Building Supply / Electrical Service
    • Omega Heating and Air Conditioning Inc / Hardware & Home Improvement / HVAC Service
    • Lighting Unlimited / Electrical Service / General Contractor
    • IRON Girlz / Gym & Fitness Center

    Property Details for 9800 91st Ave

    Year built
    2006
    Construction
    CONCRETE
    Lot size
    3.31 lot acres
    Zone code
    PAD
    Property type
    Flex space
    APN
    142-54-962
    APU
    14254962

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 15, 2021 $41,827,000 Pegasus West Valley North Owner LLC Reliance Companies I LLC Special Warranty Deed $805.9M · Jpmorgan Chase Bank NA
    Dec 21, 2005 — Reliance Companies 1 LLC Owner Name Unavailable Grant Deed · related —
    — — Reliance Companies I LLC — Deed Of Trust · related $12.6M · Thrivent Fin'l/lutherans

    Description

    This exceptional industrial property, located at 9700-9800 North 91st Avenue, Peoria, Arizona 85345, offers a total of 6,304 square feet of warehouse space currently available for lease. The property is classified as industrial, with a warehouse subtype and multiple tenancy. The building boasts a substantial 24-foot ceiling height, ideal for various storage and operational needs. Power is provided via a 3-phase system, ensuring sufficient capacity for industrial equipment. The zoning is designated as PAD (Planned Area Development). The space is divisible, with a minimum leasable area of 3,065 square feet and a maximum contiguous space of 3,239 square feet. The entire 6,304 square feet is currently vacant and ready for immediate occupancy. This prime location in Peoria, Arizona offers excellent access to major transportation routes, making it an attractive option for businesses seeking efficient logistics and distribution capabilities. Interested parties should inquire about lease terms and conditions. The property is situated at 9800 N 91st Ave, Peoria, AZ 85345.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.256
    Latitude
    33.5736
    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
    $30,762
    $0.00
    $0.00
    $928,043
    -
    $1,587,100
    $4,037,400
    $5,624,500

    Comparable in this City

    • Value Estimation
      $1,140,000
      31,345 SF

      9299 Olive Ave Ste, Unit 310

      LIGHT INDUSTRIAL
      9299 Olive Ave Ste, Peoria, AZ 85345-8381
      View Details
    • Value Estimation
      $1,140,000
      38,636 SF

      9299 Olive Ave Ste, Unit 805

      LIGHT INDUSTRIAL
      9299 Olive Ave Ste, Peoria, AZ 85345-8387
      View Details
    • Value Estimation
      $5,855,000
      70,432 SF

      9330 91st Ave

      LIGHT INDUSTRIAL
      9330 91st Ave, Peoria, AZ 85345-8397
      View Details
    • Value Estimation
      $1,145,000
      19,998 SF

      8961 79th Ave Ste, Unit 103

      LIGHT INDUSTRIAL
      8961 79th Ave Ste, Peoria, AZ 85345-7958
      View Details
    • Value Estimation
      $1,140,000
      19,998 SF

      8961 79th Ave Ste, Unit 107

      LIGHT INDUSTRIAL
      8961 79th Ave Ste, Peoria, AZ 85345-7958
      View Details
    • Value Estimation
      $1,140,000
      31,345 SF

      9299 Olive Ave Ste, Unit 102

      LIGHT INDUSTRIAL
      9299 Olive Ave Ste, Peoria, AZ 85345-8380
      View Details

    Similar Nearby for Sale

    • $800,000

      Versatile Flex/Industrial Condo for Sale

      Flex/industrial condo with warehouse, office space, and exterior entry.
      9299 West Olive Ave, Peoria, AZ 85345
      View Details
    • Contact for pricing
      1,200 SF

      Auto Shop with Gated Yard

      Auto shop with gated yard, concrete pad, and canopy.
      10739 N 96Th Ave, Peoria, AZ 85345
      View Details
    • $799,000

      Flex Industrial Condo For Sale

      Flex industrial condo with freeway frontage, restrooms with showers.
      9299 W Olive Ave, Peoria, AZ 85345
      View Details
    • Contact for pricing
      3,468 SF

      Industrial Building on Secured Site

      Industrial building on a fully fenced and secured 1.95-acre site.
      8789 N 75Th Ave, Peoria, AZ 85345
      View Details
    • Contact for pricing
      114,446 SF

      Industrial Warehouse Space Available

      114,446 SF industrial warehouse space for sale.
      9595 N 79Th Ave, Peoria, AZ 85345
      View Details
    • Contact for pricing
      2,690 SF

      Contractor Facility For Sale Peoria

      2,690 SF contractor facility on 0.65 AC in Peoria, AZ.
      8871 N 79Th Ave, Peoria, AZ 85345
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Peoria Industrial/Flex Condo Unit

      3,105 SF industrial/flex condo with warehouse and office space.
      9299 West Olive Ave, Peoria, AZ 85345
      View Details
    • Contact for pricing

      Peoria Industrial/Flex Condo Unit

      Industrial/flex condo unit in Peoria's Olive Business Park.
      9299 W Olive Ave, Peoria, AZ 85345
      View Details
    • Contact for pricing
      3,105 SF

      Glendale Flex Space For Rent

      Flex space available for rent in Glendale, Arizona.
      9299 W Olive Ave, Glendale, AZ 85345
      View Details
    • Contact for pricing
      4,000 SF

      Freestanding Metal Building in Peoria

      4,000 SF metal building with gated yard for rent.
      10738 N 96Th Ave, Peoria, AZ 85345
      View Details
    • Contact for pricing
      4,931 SF

      Medical Office in Peoria, Arizona

      Turnkey medical office space in Desert Harbor Professional Plaza.
      A102-13943 N 91St Ave, Peoria, AZ 85345
      View Details
    • Contact for pricing
      34,517 SF

      Retail Property in Phoenix, Arizona

      Retail property available for lease in Phoenix, Arizona.
      6811 W Peoria Ave, Phoenix, AZ 85345
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9800 91st Ave
    Peoria, AZ 85345-8373
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9800 91st Ave, Peoria, AZ, 85345
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!