700 S Watson Rd, Buckeye, AZ 85326

Retail · Buckeye · Phoenix metro, AZ

One of 219 reachable retail buildings in Buckeye. Larger than 97% of retail buildings in Buckeye (median 5,250 SF), derived from assessor records.

County gross building area: 147,022 SF, Maricopa County Assessor
Lot size: 572,380 SF, Maricopa County Assessor
Year built: 2006, Maricopa County Assessor
Stories: 1, Maricopa County Assessor
Buildings on parcel: 2, Maricopa County Assessor
Predominant use: Community Shop Ctr Open Air, Maricopa County Assessor
Assessed value: $16,770,968, per the Maricopa County Assessor (not a market appraisal)
Assessed value per building SF: $114.07/SF, derived from assessor records
Building area / lot: 0.26, derived from assessor records
Vintage: 2000s vintage
County use code: COMMUNITY SHOP CTR OPEN AIR

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

466 S Watson Rd, Buckeye · 0.1 mi · 48,556 SF · built 2006 · assessed $192.17/SF
850 S Watson Rd, Buckeye · 0.1 mi · 57,950 SF · built 2006 · assessed $225.75/SF
1060 S Watson Rd, Buckeye · 0.3 mi · 217,965 SF · built 2006 · assessed $131.42/SF
1300 S Watson Rd, Buckeye · 0.5 mi · 108,808 SF · built 2005 · assessed $170.10/SF
1111 N Verrado Way, Buckeye · 3.5 mi · 152,891 SF · built 2023 · assessed $255.70/SF
5602 S Wilson Ave, Buckeye · 6.6 mi · 58,880 SF · built 1977 · assessed $22.06/SF

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Sale history and market context

MakeMe Estimate: $21.1M (estimated market value), with a likely range of $16.9M to $25.1M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $16,770,968 times a 1.26 market ratio, measured from 3891 verified arm's-length sale prices vs county values (retail sales in Buckeye, 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.

Market context: Retail in Buckeye

median verified sale $491.95/SF over the trailing 24 months; 6 sales in the last 12 months and 13 in 24 (newest verified sale 2025-12); the middle 80% of recent sales traded at 0.88x to 2.15x their county full cash value, median 1.38x (12 sales with usable county values).

2022: $304.28/SF median (6 sales)
2023: $494.28/SF median (7 sales)
2024: $491.95/SF median (4 sales)
2025: $754.83/SF median (5 sales)

This estimate sits at 1.26x county full cash value, the 50th percentile of those recent sale premiums.

Computed from 57 verified arm's-length sales in Maricopa County public records (13 in the trailing 24 months). Free public records. Not an appraisal.

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. Not an appraisal. How this estimate works.