394 N Litchfield Rd, Goodyear, AZ 85338

Retail · Goodyear · Phoenix metro, AZ

One of 258 reachable retail buildings in Goodyear. Larger than 19% of retail buildings in Goodyear (median 6,804 SF), derived from assessor records.

County gross building area
3,216 SF, Maricopa County Assessor
Lot size
30,953 SF, Maricopa County Assessor
Year built
1989, Maricopa County Assessor
Stories
1, Maricopa County Assessor
Predominant use
Restaurant Fast Food, Maricopa County Assessor
Assessed value
$1,763,230, per the Maricopa County Assessor (not a market appraisal)
Assessed value per building SF
$548.27/SF, derived from assessor records
Building area / lot
0.1, derived from assessor records
Vintage
1980s vintage
County use code
RESTAURANT FAST FOOD

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: $2.08M (estimated market value), with a likely range of $1.66M to $2.47M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $1,763,230 times a 1.18 market ratio, measured from 3891 verified arm's-length sale prices vs county values (retail sales in Goodyear, through 2026-06-29). Not an appraisal. How this estimate works.

lower confidence: 3 comparable sales within 3 miles; nearest 0.8 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 51% above the $428.08/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.

Market context: Retail in Goodyear

median verified sale $791.01/SF over the trailing 24 months; 7 sales in the last 12 months and 14 in 24 (newest verified sale 2025-12); the middle 80% of recent sales traded at 0.65x to 2.33x their county full cash value, median 1.18x (14 sales with usable county values).

  • 2021: $294.78/SF median (11 sales)
  • 2022: $607.84/SF median (7 sales)
  • 2023: $1,331/SF median (4 sales)
  • 2024: $509.76/SF median (5 sales)
  • 2025: $806.80/SF median (4 sales)

This estimate sits at 1.18x county full cash value, the 57th percentile of those recent sale premiums.

Computed from 107 verified arm's-length sales in Maricopa County public records (14 in the trailing 24 months). Free public records. Not an appraisal.

Last sold: 2001-02-01 for $1,191,470 (recorded arm's-length sale).

Current ownership dates to 2001 (about 25 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$1M$2M$3M20262027$2.08M$1.76MCounty assessed value

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 $1,688,854 (2026) to $1,763,230 (2027), up 4% over 1 years, per county tax rolls. The 2027 roll splits $1,763,230 into $1,118,800 land and $644,430 improvements.