MakeMe Estimate: $18.7M (estimated market value), with a likely range of $15M to $22.2M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $12,341,025 times a 1.52 market ratio, measured from 3891 verified arm's-length sale prices vs county values (retail sales in Avondale, through 2026-06-29). Not an appraisal. How this estimate works.
lower confidence: 4 comparable sales within 3 miles; nearest 0.3 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $15,800,000 in 2021. The market has moved since; the estimate reflects current county values and ratios, not that price. Comparable-sale caveat: the estimate is well above (more than double apart from) the $191.44/SF median of the shown comparable sales.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Market context: Retail in Avondale
median verified sale $476.01/SF over the trailing 24 months; 9 sales in the last 12 months and 15 in 24 (newest verified sale 2026-03); the middle 80% of recent sales traded at 0.88x to 2.40x their county full cash value, median 1.65x (15 sales with usable county values).
2022: $294.73/SF median (10 sales)
2025: $464.87/SF median (7 sales)
This estimate sits at 1.52x county full cash value, the 33rd percentile of those recent sale premiums.
Computed from 85 verified arm's-length sales in Maricopa County public records (15 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2021-01-01 for $15,800,000 (recorded arm's-length sale).
Current ownership dates to 2021 (about 5 years) per recorded transfers.
2021-01-01: $15,800,000 from Auto-Re 2 LLC to Lithia Real Estate INC, rec. 210346574
Source: Maricopa County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Value over time
Dark line: county assessed value per Maricopa County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Diamonds: recorded arm's-length sales. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $11,229,486 (2026) to $12,341,026 (2027), up 10% over 1 years, per county tax rolls. The 2027 roll splits $12,341,026 into $5,880,600 land and $6,460,425 improvements.