MakeMe Estimate: $2.29M (estimated market value), with a likely range of $1.83M to $2.71M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $1,727,557 times a 1.32 market ratio, measured from 3891 verified arm's-length sale prices vs county values (retail sales in Surprise, through 2026-06-29). Not an appraisal. How this estimate works.
lower confidence: 5 comparable sales within 3 miles; nearest 0.2 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $4,150,000 in 2022. The market has moved since; the estimate reflects current county values and ratios, not that price.
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 Surprise
median verified sale $592.59/SF over the trailing 24 months; 6 sales in the last 12 months and 12 in 24 (newest verified sale 2026-04); the middle 80% of recent sales traded at 0.72x to 1.63x their county full cash value, median 1.33x (12 sales with usable county values).
2022: $483.85/SF median (13 sales)
2023: $299.66/SF median (7 sales)
2025: $592.59/SF median (4 sales)
This estimate sits at 1.32x county full cash value, the 50th percentile of those recent sale premiums.
Computed from 143 verified arm's-length sales in Maricopa County public records (12 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2022-12-01 for $4,150,000 (recorded arm's-length sale).
Current ownership dates to 2022 (about 4 years) per recorded transfers.
2022-12-01: $4,150,000 from Old Lobo Aaa B D LLC to Private party, rec. 230068466
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 $1,619,165 (2026) to $1,727,557 (2027), up 7% over 1 years, per county tax rolls. The 2027 roll splits $1,727,557 into $686,000 land and $1,041,557 improvements.