18934 E Avenida Del Ray, Rio Verde, AZ 85263

Office · Rio Verde · Phoenix metro, AZ

One of 2 reachable office buildings in Rio Verde.

County gross building area
6,661 SF, Maricopa County Assessor
Lot size
33,236 SF, Maricopa County Assessor
Year built
1997, Maricopa County Assessor
Stories
1, Maricopa County Assessor
Predominant use
Office Building 1 Story, Maricopa County Assessor
Assessed value
$993,300, per the Maricopa County Assessor (not a market appraisal)
Assessed value per building SF
$149.12/SF, derived from assessor records
Building area / lot
0.2, derived from assessor records
Vintage
1990s vintage
County use code
OFFICE BUILDING 1 STORY

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: $1.14M (estimated market value), with a likely range of $910K to $1.35M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $993,300 times a 1.15 market ratio, measured from 3891 verified arm's-length sale prices vs county values (office sales across the county, through 2026-06-29). Not an appraisal. How this estimate works.

lower confidence: 0 comparable sales within 3 miles; nearest 8.1 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $750,000 in 2023; the estimate is about 52% apart. Treat the recorded trade as strong evidence alongside the model.

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: 2023-11-01 for $750,000 (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$500K$1M$1.5M20232024202520262027Last sold $750K · 2023$1.14M$993KCounty assessed valueRecorded sale

Dark line: county assessed value per Maricopa County tax rolls. Diamonds: recorded arm's-length sales.

Land, site, and value history

Assessed value moved from $1,306,400 (2026) to $993,300 (2027), down 24% over 1 years, per county tax rolls. The 2027 roll splits $993,300 into $349,800 land and $643,500 improvements.