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    Property profile & analytics

    New River, AZ 85087

    • Strip malls
    • 8,636 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 16, 2022
    Location Intelligence
    Property ID
    US07-0721483
    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

    Year built
    1992
    Property size
    8,636 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    202-12-084B
    APU
    20212084B

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New River
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.10294
    Latitude
    33.67773
    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
    $8,373
    $0.00
    $0.00
    $140,369
    -
    $323,000
    $527,723
    $850,723

    Comparable in this City

    • Value Estimation by Request
      6,120 SF

      46641 Black Cyn Hwy

      SHOPPING CENTER, STRIP CENTER • 6,120 SF
      46641 Black Cyn Hwy, New River, AZ 85087-6941
      View Details
    • Value Estimation
      $60,000
      7,000 SF

      46639 Black Cyn Hwy

      SHOPPING CENTER, STRIP CENTER • 7,000 SF
      46639 Black Cyn Hwy, New River, AZ 85087-6936
      View Details
    • Value Estimation by Request
      24,932 SF

      43300 Black Cyn Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 24,932 SF
      43300 Black Cyn Hwy, New River, AZ 85087-7040
      View Details
    • Value Estimation by Request
      463 SF

      44620 14th St

      RESIDENTIAL PARKING GARAGE • 463 SF
      44620 14th St, New River, AZ 85087-8684
      View Details
    • Value Estimation by Request
      720 SF

      49634 23rd Ave

      RESIDENTIAL PARKING GARAGE • 720 SF
      49634 23rd Ave, New River, AZ 85087-8551
      View Details
    • Value Estimation by Request
      1,800 SF

      48024 23rd Ave

      RESIDENTIAL PARKING GARAGE • 1,800 SF
      48024 23rd Ave, New River, AZ 85087-6979
      View Details

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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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