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Property profile & analytics
OFF-MARKET Estimated value $920,000
Retail space

Tolleson, AZ 85353

6,916 SF 0.09 ac lot Built 1989
Individually Owned 20-yr Hold ~ Est. High Equity
Property ID
US07-1712728
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1989
Construction STEEL FRAME
Total area 6,916 SF
Lot 0.09 ac (3,948 SF)
Zoning code CORE
APN 102-49-001A
UPID US07-1712728
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$932k
Blend (final) Blend
$920k
Owner & transaction history
Jong T Chung · 20 yrs held
Jong T Chung
since 2005
3 recorded transactions
2005
$750,000
1987
Price N/A
1969
Price N/A
Zoning & alternative use
CORE · Tolleson, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

DOWNTOWN TOLLESON COMMERCIAL OFFICE RESIDENTIAL ENTERTAINMENT (CORE) DISTRICT § 12-4-90 - PURPOSE AND INTENT. The Downtown Tolleson Commercial, Office, Residential, and Entertainment (CORE) Zoning District was created to implement the city's vision for a pedestrian-oriented, mixed-use environment that encourages a range of compatible uses in downtown Tolleso…

Zone name Commercial Office Residential Entertainment District
General category MIXED_USE
Zone area 49.88 ac
Source code of ordinances
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