4130 27Th AvePhoenix, AZ 85017

For Lease
  • Strip malls
  • 10,555 SF

Property Details for 4130 27Th Ave

Year built
1964
Construction
CONCRETE
Lot size
0.83 AC
Property size (Sq ft)
10,555 SF
Zone code
C-2
Property type
Strip malls
Property subtype
Neighborhood centers
APN
154-26-154E
APU
15426154E

Description

This 10,555 square foot single-story retail strip center is located at 4130 N 27th Ave, Phoenix, AZ 85017, in Maricopa County. The property, built in 1964, sits on a 36,111 square foot lot and is zoned C-2. It features one building with a minimum divisible space of 1,600 square feet, and a maximum contiguous space of 1,600 square feet. The property is situated at the high-traffic intersection of 27th Avenue and Indian School Road, boasting 50,000 vehicles per day, providing excellent visibility and accessibility. This location offers high foot traffic and prime frontage, ideal for retailers seeking maximum exposure. The available space is 1,600 square feet and is the last remaining space in this thriving retail center. Current tenants include Mandy's Fish and Chips. The property's APN is 154-26-154-E.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,428,324
    6.5%
    $3,164,606
    7%
    $2,938,563
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,100,174
    Geo Method
    $4,100,174
  • Alternative Use

    Use
    Valuation
    Residential
    $2,669,464
    Hospitality
    $2,445,215
    Educational
    $2,034,390
    Medical
    $2,104,356
    Retail
    $3,164,606
4130 27Th Ave, Phoenix, Arizona

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.4957
Longitude
-112.118
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
2022
$14,615
-
-
$178,095
-
$488,100
$591,263
$1,079,363

FAQs

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