MakeMe Estimate: $1.57M (estimated market value), with a likely range of $1.26M to $1.86M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $1,256,200 times a 1.25 market ratio, measured from 3891 verified arm's-length sale prices vs county values (office sales in Peoria, through 2026-06-29). Not an appraisal. How this estimate works.
lower confidence: 10 comparable sales within 3 miles; nearest 0 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $1,493,000 in 2025; the estimate is about 5% apart. Treat the recorded trade as strong evidence alongside the model. Comparable-sale caveat: the estimate is 39% above the $134.67/SF median of the shown comparable sales.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. The strongest 5 of 10 nearby verified sales are shown. Buyer and seller names are withheld. Get this data via API.
Market context: Office in Peoria
median verified sale $174.05/SF over the trailing 24 months; 8 sales in the last 12 months and 21 in 24 (newest verified sale 2026-02); the middle 80% of recent sales traded at 0.89x to 1.46x their county full cash value, median 1.25x (21 sales with usable county values).
2022: $203.41/SF median (12 sales)
2023: $203.21/SF median (10 sales)
2024: $174.05/SF median (12 sales)
2025: $178.35/SF median (5 sales)
2026 YTD: $235.82/SF median (4 sales)
This estimate sits at 1.25x county full cash value, the 48th percentile of those recent sale premiums.
Computed from 140 verified arm's-length sales in Maricopa County public records (21 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2025-11-01 for $1,493,000 (recorded arm's-length sale).
Current ownership dates to 2025 per recorded transfers.
2025-11-01: $1,493,000 from Corridor Living LLC to PVPS Real Estate LLC, rec. 260033714
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 $1,490,700 (2026) to $1,256,200 (2027), down 16% over 1 years, per county tax rolls. The 2027 roll splits $1,256,200 into $251,200 land and $1,005,000 improvements.