Single-Tenant Industrial · Peoria · Phoenix metro, AZ
One of 65 reachable single-tenant industrial buildings in Peoria. Larger than 76% of single-tenant industrial buildings in Peoria (median 8,398 SF), derived from assessor records.
County gross building area
24,640 SF, Maricopa County Assessor
Lot size
145,926 SF, Maricopa County Assessor
Year built
1971, Maricopa County Assessor
Stories
1, Maricopa County Assessor
Buildings on parcel
4, Maricopa County Assessor
Predominant use
Warehousing, Maricopa County Assessor
Assessed value
$3,150,600, per the Maricopa County Assessor (not a market appraisal)
Assessed value per building SF
$127.87/SF, derived from assessor records
Building area / lot
0.17, derived from assessor records
Vintage
1970s vintage
County use code
WAREHOUSING
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $3.66M (estimated market value), with a likely range of $2.92M to $4.34M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $3,150,600 times a 1.16 market ratio, measured from 3891 verified arm's-length sale prices vs county values (single-tenant industrial sales across the county, through 2026-06-29). Not an appraisal. How this estimate works.
lower confidence: 2 comparable sales within 3 miles; nearest 0.2 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 51% below the $304.38/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: Industrial in Peoria
median verified sale $39.34/SF over the trailing 24 months; 9 sales in the last 12 months and 21 in 24 (newest verified sale 2026-01); the middle 80% of recent sales traded at 0.96x to 1.54x their county full cash value, median 1.31x (21 sales with usable county values).
2022: $22.25/SF median (13 sales)
2023: $22.17/SF median (8 sales)
2024: $27.12/SF median (12 sales)
2025: $50.67/SF median (8 sales)
This estimate sits at 1.16x county full cash value, the 29th percentile of those recent sale premiums.
Computed from 117 verified arm's-length sales in Maricopa County public records (21 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2017-06-01 for $2,600,000 (recorded arm's-length sale).
Current ownership dates to 2017 (about 9 years) per recorded transfers.
2017-06-01: $2,600,000 from 91st Avenue Offramp LLC to Catalpa Industrial Park INC, rec. 170468524
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 $3,646,400 (2026) to $3,150,600 (2027), down 14% over 1 years, per county tax rolls. The 2027 roll splits $3,150,600 into $1,390,700 land and $1,759,900 improvements.