12029 W Happy Valley Rd, Peoria, AZ 85383

Commercial · Peoria · Phoenix metro, AZ

One of 54 reachable commercial buildings in Peoria. Larger than 0% of commercial buildings in Peoria (median 49,290 SF), derived from assessor records.

County gross building area: 1,522 SF, Maricopa County Assessor
Lot size: 889,892 SF, Maricopa County Assessor
Year built: 2020, Maricopa County Assessor
Stories: 1, Maricopa County Assessor
Predominant use: Parking/ Storage Lot, Maricopa County Assessor
Assessed value: $14,312,980, per the Maricopa County Assessor (not a market appraisal)
Assessed value per building SF: $9,404/SF, derived from assessor records
Building area / lot: 0, derived from assessor records
Vintage: 2020s vintage
County use code: PARKING/ STORAGE LOT

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

8977 W Athens St, Peoria · 6.1 mi · 5,720 SF · built 1998 · assessed $414.94/SF
6735 W Peoria Ave, Peoria · 11.3 mi · 5,200 SF · built 2024 · assessed $403.83/SF

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Sale history and market context

MakeMe Estimate: $19.4M (estimated market value), with a likely range of $15.5M to $23M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $14,312,980 times a 1.35 market ratio, measured from 3891 verified arm's-length sale prices vs county values (commercial sales across the county, through 2026-06-29). Not an appraisal. How this estimate works.

lower confidence: 0 comparable sales within 3 miles; nearest 6.1 mi. This property type carries wider measured error; treat the estimate as a starting point.

Comparable sales used as evidence

8977 W Athens St, Peoria: $1,250,000 (2023-05), 5,720 SF, $218.53/SF, 6.1 mi away

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: Commercial in Peoria

3 sales in the last 12 months and 5 in 24 (newest verified sale 2025-12).

Computed from 17 verified arm's-length sales in Maricopa County public records (5 in the trailing 24 months). Free public records. Not an appraisal.

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. Not an appraisal. How this estimate works.