MakeMe Estimate: $8.23M (estimated market value), with a likely range of $6.58M to $9.77M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $7,074,695 times a 1.16 market ratio, measured from 3891 verified arm's-length sale prices vs county values (retail sales in Peoria, through 2026-06-29). Not an appraisal. How this estimate works.
lower confidence: 2 comparable sales within 3 miles; nearest 1.8 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $11,100,000 in 2023; the estimate is about 26% apart. Treat the recorded trade as strong evidence alongside the model.
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 Peoria
median verified sale $386.03/SF over the trailing 24 months; 12 sales in the last 12 months and 25 in 24 (newest verified sale 2026-02); the middle 80% of recent sales traded at 0.80x to 2.83x their county full cash value, median 1.46x (24 sales with usable county values).
2022: $364.50/SF median (12 sales)
2023: $319.01/SF median (9 sales)
2024: $313.62/SF median (13 sales)
2025: $445.36/SF median (11 sales)
This estimate sits at 1.16x county full cash value, the 38th percentile of those recent sale premiums.
Computed from 197 verified arm's-length sales in Maricopa County public records (25 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2023-12-01 for $11,100,000 (recorded arm's-length sale).
Current ownership dates to 2023 (about 3 years) per recorded transfers.
2023-12-01: $11,100,000 from 83 Marketplace LLC to 83re LLC, rec. 230657879
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 $7,729,465 (2026) to $7,074,696 (2027), down 8% over 1 years, per county tax rolls. The 2027 roll splits $7,074,696 into $2,723,600 land and $4,351,095 improvements.