12040 N 111th Ave, Youngtown, AZ 85363

Retail · Youngtown · Phoenix metro, AZ

One of 41 reachable retail buildings in Youngtown. Larger than 67% of retail buildings in Youngtown (median 4,290 SF), derived from assessor records.

County gross building area
6,053 SF, Maricopa County Assessor
Lot size
26,614 SF, Maricopa County Assessor
Year built
1959, Maricopa County Assessor
Stories
1, Maricopa County Assessor
Buildings on parcel
3, Maricopa County Assessor
Predominant use
Auto/Light Truck Lot- Lease Or Sale, Maricopa County Assessor
Assessed value
$684,921, per the Maricopa County Assessor (not a market appraisal)
Assessed value per building SF
$113.15/SF, derived from assessor records
Building area / lot
0.23, derived from assessor records
Vintage
1950s vintage
County use code
AUTO/LIGHT TRUCK LOT- LEASE OR SALE

Nearby comparable buildings

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

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Sale history and market context

MakeMe Estimate: $912K (estimated market value), with a likely range of $729K to $1.08M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $684,921 times a 1.33 market ratio, measured from 3891 verified arm's-length sale prices vs county values (retail sales across the county, through 2026-06-29). Not an appraisal. How this estimate works.

lower confidence: 5 comparable sales within 3 miles; nearest 0 mi. This property type carries wider measured error; treat the estimate as a starting point.

Comparable sales used as evidence

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.

Last sold: 1999-11-01 for $250,000 (recorded arm's-length sale).

Current ownership dates to 1999 (about 27 years) per recorded transfers.

Source: Maricopa County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

$0$500K$1M$1.5M20262027$912K$685KCounty assessed valueMakeMe Estimate range

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 $695,801 (2026) to $684,921 (2027), down 2% over 1 years, per county tax rolls. The 2027 roll splits $684,921 into $412,800 land and $272,121 improvements.