18527 S 187th Pl, Queen Creek, AZ 85142

Small-Bay Industrial · Queen Creek · Phoenix metro, AZ

One of 19 reachable small-bay industrial buildings in Queen Creek. Larger than 16% of small-bay industrial buildings in Queen Creek (median 16,284 SF), derived from assessor records.

County gross building area
12,092 SF, Maricopa County Assessor
Lot size
49,764 SF, Maricopa County Assessor
Year built
2021, Maricopa County Assessor
Stories
1, Maricopa County Assessor
Predominant use
Office/Retail Warehouse, Maricopa County Assessor
Assessed value
$2,935,700, per the Maricopa County Assessor (not a market appraisal)
Assessed value per building SF
$242.78/SF, derived from assessor records
Building area / lot
0.24, derived from assessor records
Vintage
2020s vintage
County use code
OFFICE/RETAIL WAREHOUSE

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: $3.41M (estimated market value), with a likely range of $2.72M to $4.04M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $2,935,700 times a 1.16 market ratio, measured from 3891 verified arm's-length sale prices vs county values (small-bay industrial sales across the county, through 2026-06-29). Not an appraisal. How this estimate works.

lower confidence: 3 comparable sales within 3 miles; nearest 0.1 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $2,500,000 in 2023; the estimate is about 36% apart. Treat the recorded trade as strong evidence alongside the model. Comparable-sale caveat: the estimate is 61% above the $174.73/SF median of the shown comparable sales.

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: 2023-12-01 for $2,500,000 (recorded arm's-length sale).

Current ownership dates to 2023 (about 3 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$2M$4M$6M20262027$3.41M$2.94MCounty 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 $2,712,500 (2026) to $2,935,700 (2027), up 8% over 1 years, per county tax rolls. The 2027 roll splits $2,935,700 into $543,100 land and $2,392,600 improvements.