MakeMe Estimate: $8.01M (estimated market value), with a likely range of $6.4M to $9.5M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $6,021,805 times a 1.33 market ratio, measured from 3891 verified arm's-length sale prices vs county values (retail sales in Phoenix, through 2026-06-29). Not an appraisal. How this estimate works.
lower confidence: 24 comparable sales within 3 miles; nearest 0.5 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $5,307,904 in 2024; the estimate is about 51% apart. Treat the recorded trade as strong evidence alongside the model. Comparable-sale caveat: the estimate is well above (more than 3x apart from) the $150.58/SF median of the shown comparable sales.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. The strongest 5 of 24 nearby verified sales are shown. Buyer and seller names are withheld. Get this data via API.
Market context: Retail in Phoenix
median verified sale $306.02/SF over the trailing 24 months; 133 sales in the last 12 months and 261 in 24 (newest verified sale 2026-05); the middle 80% of recent sales traded at 0.84x to 2.57x their county full cash value, median 1.48x (261 sales with usable county values).
2022: $229.28/SF median (156 sales)
2023: $281.69/SF median (120 sales)
2024: $278.84/SF median (138 sales)
2025: $309.52/SF median (134 sales)
2026 YTD: $376.65/SF median (35 sales)
This estimate sits at 1.33x county full cash value, the 39th percentile of those recent sale premiums.
Computed from 2,143 verified arm's-length sales in Maricopa County public records (261 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2024-09-01 for $5,307,904 (recorded arm's-length sale).
Current ownership dates to 2024 (about 2 years) per recorded transfers.
2024-09-01: $5,307,904 from Central Fillmore Dev 1 LLC to Masyno Downtown West LLC, rec. 240501435
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 $6,016,487 (2026) to $6,021,806 (2027), up 0% over 1 years, per county tax rolls. The 2027 roll splits $6,021,806 into $4,129,300 land and $1,892,505 improvements.