7025 48Th AveGlendale, AZ 85301

Property Details for 7025 48Th Ave

Year built

1961

Construction

CONCRETE

Lot size

0.15 AC

Property size (Sq ft)

1,215 SF

Zone code

C-C

Property type

Retail space

APN

147-12-029N

APU

14712029N

Description

This exceptional single-tenant retail property, located at 7025 N 48th Ave in Glendale, Arizona, presents a fantastic opportunity for a discerning business owner. The 1,215 square foot space is ideally suited for a salon, boasting a convenient location within Maricopa County, zip code 85301. Built in 1968, this single-story building is zoned C-2, offering flexibility for various commercial uses. The property's address is clearly identifiable as 7025 N 48th Ave, Glendale, AZ, and its precise coordinates are 33.539143 latitude and -112.1621013 longitude. The property's Assessed Parcel Number (APN) is 147-12-029N, providing easy access to property records. This is a single-tenancy space, perfect for an owner-operator seeking a well-established location to build their business. The property's existing structure provides a solid foundation for immediate occupancy or potential renovation to suit specific business needs. Its prime location in Glendale offers excellent visibility and accessibility, making it an attractive proposition for a variety of commercial ventures. This is a rare opportunity to acquire a well-situated retail space in a thriving Arizona market. Don't miss out on this chance to secure a valuable asset in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $291,644

  6.5%

  $269,210

  7%

  $249,980

• Comparable approach

  Method

  Valuation

  Relative Method

  $471,976

  Geo Method

  $471,976

• Alternative Use

  Use

  Valuation

  Residential

  $227,088

  Hospitality

  $208,012

  Educational

  $173,063

  Medical

  $179,015

  Retail

  $269,210

Location Insight

City

Glendale

County

Maricopa

State

Arizona

Latitude

33.5392

Longitude

-112.162

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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