8550 91St AvePeoria, AZ 85345

  • Office buildings
  • 29,382 SF
For Lease
$16.20/SF/YR View listing

Property Details for 8550 91St Ave

Year built
2004
Construction
CONCRETE
Lot size
20.45 AC
Property size (Sq ft)
29,382 SF
Zone code
PI-1
Property type
Office buildings
APN
142-55-527
APU
14255527

Description

Peoria Crossings Commerce Park offers exceptional warehouse and distribution space in Peoria. This Class B industrial property boasts a total of 241,280 square feet, with multiple units currently available, ranging from 2,470 to 4,940 square feet. The building features 20-foot ceilings, providing ample vertical storage capacity, and is equipped with 3-phase 120/208V power, ideal for various industrial operations. The property is zoned PI-1 by the City of Peoria, ensuring flexibility for a range of permitted uses. Currently, a small portion of the total space (2,470 square feet) is vacant, presenting an immediate opportunity for businesses seeking efficient and well-located warehouse solutions. The multiple tenancy structure allows for flexibility in space requirements, catering to both small and expanding businesses. This prime location offers easy access to major transportation routes, making it an ideal choice for distribution and logistics companies. The available space is ready for immediate occupancy, providing a seamless transition for businesses seeking to establish or expand their operations in Peoria. Contact us today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,039,308
    6.5%
    $6,497,822
    7%
    $6,033,692
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,529,236
    Geo Method
    $4,529,236
  • Alternative Use

    Use
    Valuation
    Residential
    $8,057,300
    Hospitality
    $7,380,443
    Educational
    $6,140,442
    Medical
    $6,351,622
    Retail
    $9,551,799
8550 91St Ave, Peoria, Arizona

Location Insight

City
Peoria
County
Maricopa
State
Arizona
Latitude
33.5571
Longitude
-112.257
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
2023
$226,977
-
-
$6,043,967
-
$7,991,000
$28,639,100
$36,630,100

FAQs

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