11125 Alabama AveYoungtown, AZ 85363

  • Healthcare properties
  • 3,030 SF
For Lease
$11.75/SF/YR View listing

Property Details for 11125 Alabama Ave

Year built
1962
Construction
CONCRETE
Lot size
7.85 AC
Property size (Sq ft)
3,030 SF
Zone code
C-1
Property type
Healthcare properties
Property subtype
Medical offices
APN
142-65-053P
APU
14265053P

Description

This ±12,500 square-foot retail space is located in a thriving Youngtown, Arizona plaza at the prominent intersection of North 111th Avenue and West Alabama Avenue. The property, part of a larger 67,443 square-foot strip center, offers excellent visibility and high foot traffic due to its location within a well-established commercial area with strong local demographics. Built in 1962 and zoned C-2, this versatile space is ideal for a variety of retail concepts or service-oriented businesses. The plaza benefits from ample parking, convenient access from major roadways, including proximity to US Route 60 (within one mile) and the 101 Loop (less than three miles). Large signage opportunities are available, further enhancing visibility and attracting potential customers. The space's open layout provides flexibility for tenant build-out, and the surrounding area boasts a steady flow of customers from nearby neighborhoods and businesses. This presents a prime opportunity for businesses seeking expansion or a new location in a growing market within Maricopa County. The property includes approximately 12,500 square feet of vacant space within the larger retail center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $725,924
    6.5%
    $670,084
    7%
    $622,221
  • Comparable approach

    Method
    Valuation
    Relative Method
    $467,074
    Geo Method
    $467,074
  • Alternative Use

    Use
    Valuation
    Residential
    $830,904
    Hospitality
    $761,104
    Educational
    $633,229
    Medical
    $655,007
    Retail
    $985,023
11125 Alabama Ave, Youngtown, Arizona

Location Insight

City
Youngtown
County
Maricopa
State
Arizona
Latitude
33.5932
Longitude
-112.3
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
$62,993
-
-
$1,234,695
-
$3,069,700
$4,413,300
$7,483,000

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