1555 Dysart RdAvondale, AZ 85323

Property Details for 1555 Dysart Rd

Year built

2004

Construction

CONCRETE

Lot size

0.28 AC

Property size (Sq ft)

2,168 SF

Zone code

C-C

Property type

Retail space

APN

500-02-002S

APU

50002002S

Description

This exceptional 3,000 square foot retail or restaurant space is ideally situated at the intersection of Dysart Road and McDowell Road in Avondale, Maricopa County, Arizona. The property sits on a substantial 129-acre lot and is zoned C-2 by the City of Avondale, allowing for a variety of commercial uses. Currently, the entire 3,000 square feet is available for lease as a single unit, presenting a unique opportunity for a business seeking high visibility and ample space. The location boasts significant advantages, including proximity to well-established neighborhoods with a median income exceeding $67,000 within a 3-mile radius. Its strategic placement less than a quarter-mile from the full-diamond interchange at Dysart Road and Interstate 10 ensures excellent accessibility and high traffic volume. Furthermore, the property benefits from its close proximity to Abrazo West Campus, employing 1,027 individuals, providing a substantial potential customer base. The development of Goodyear's new 129-acre Wellspring Park directly across Dysart Road, north of I-10, promises further growth and increased foot traffic in the area, enhancing the long-term value and appeal of this prime commercial property. This is a rare opportunity to establish a business in a thriving and rapidly developing area.

• CAP approach

  CAP return

  Valuation

  6%

  $763,528

  6.5%

  $704,795

  7%

  $654,453

• Comparable approach

  Method

  Valuation

  Relative Method

  $842,177

  Geo Method

  $842,177

• Alternative Use

  Use

  Valuation

  Residential

  $594,521

  Hospitality

  $544,578

  Educational

  $453,083

  Medical

  $468,665

  Retail

  $704,795

Location Insight

City

Avondale

County

Maricopa

State

Arizona

Latitude

33.4627

Longitude

-112.341

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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