2820 Dove Valley RdPhoenix, AZ 85085

Property Details for 2820 Dove Valley Rd

Year built

2018

Construction

CONCRETE

Lot size

1.39 AC

Property size (Sq ft)

7,360 SF

Zone code

C-2

Property type

Retail properties

Property subtype

Retail space

APN

204-02-491

APU

20402491

Description

This exceptional 1.2 to 1.4-acre commercial property, located at 2820 W Dove Valley Rd, Phoenix, AZ 85085, presents a unique investment opportunity. Zoned PCD, this retail and land parcel offers two available spaces totaling 1 square foot of building space and 1 square foot of vacant space. The property benefits from its strategic location at the Northwest corner of North Valley Parkway and Dove Valley Road, providing excellent visibility and accessibility. The site enjoys high traffic counts due to its proximity to Interstate 17, serving as a key reliever road for the area's residents. This location is further enhanced by the significant residential growth in the immediate vicinity, creating a robust customer base for retail businesses. The presence of a new Honor Health hospital adjacent to the property contributes to a strong daytime population, increasing foot traffic and potential clientele. This makes the property ideally suited for a neighborhood grocery store or service center. The property's location within Maricopa County offers access to a thriving market and strong infrastructure. This is a rare opportunity to acquire a well-positioned retail property in a rapidly developing area of Phoenix.

• CAP approach

  CAP return

  Valuation

  6%

  $2,045,230

  6.5%

  $1,887,905

  7%

  $1,753,054

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,859,051

  Geo Method

  $2,859,051

• Alternative Use

  Use

  Valuation

  Residential

  $1,592,518

  Hospitality

  $1,458,738

  Educational

  $1,213,653

  Medical

  $1,255,392

  Retail

  $1,887,905

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.7844

Longitude

-112.12

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].