MakeMe Estimate: $137M (estimated market value), with a likely range of $110M to $163M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $118,250,000 times a 1.16 market ratio, measured from 422 single-tenant industrial sales across the county within a 3,891-sale countywide calibration (since 2022-01, through 2026-06-29). Not an appraisal. How this estimate works.
lower confidence: parcel-level comparable support is thin; treat the estimate as a starting point. Recent sale check: this building sold for $118,250,000 in 2024; the estimate is about 16% apart. Treat the recorded trade as strong evidence alongside the model.
Comparable sales
No nearby verified sales clear our evidence bar for this building right now. We show only real arm's-length sales inside the market's $/SF integrity band, never junk transfers.
Last sold: 2024-11-01 for $118,250,000 (recorded arm's-length sale).
Current ownership dates to 2024 (about 2 years) per recorded transfers.
2024-11-01: $118,250,000 from Buckeye Phase I Owner LLC to Paloma Vista Logistics Center Ilp LLC, rec. 240620887
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 $10,192,995 (2023) to $118,250,000 (2027), up 1060% over 4 years, per county tax rolls. The 2027 roll splits $118,250,000 into $13,731,600 land and $104,518,400 improvements.