One of 211 reachable small-bay industrial buildings in Peoria. Larger than 100% of small-bay industrial buildings in Peoria (median 31,345 SF), derived from assessor records.
County gross building area
235,056 SF, Maricopa County Assessor
Lot size
890,651 SF, Maricopa County Assessor
Year built
2004, Maricopa County Assessor
Stories
1, Maricopa County Assessor
Buildings on parcel
8, Maricopa County Assessor
Predominant use
Office/Retail Warehouse, Maricopa County Assessor
Assessed value
$36,668,100, per the Maricopa County Assessor (not a market appraisal)
Assessed value per building SF
$156/SF, derived from assessor records
Building area / lot
0.26, derived from assessor records
Vintage
2000s vintage
County use code
OFFICE/RETAIL WAREHOUSE
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $41.2M (estimated market value), with a likely range of $32.9M to $48.8M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $36,668,100 times a 1.12 market ratio, measured from 3891 verified arm's-length sale prices vs county values (small-bay industrial sales in Peoria, through 2026-06-29). Not an appraisal. How this estimate works.
lower confidence: 4 comparable sales within 3 miles; nearest 0.6 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $50,477,000 in 2021. The market has moved since; the estimate reflects current county values and ratios, not that price. Comparable-sale caveat: the estimate is well above (more than double apart from) the $80.18/SF median of the shown comparable sales.
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: Industrial in Peoria
median verified sale $39.34/SF over the trailing 24 months; 9 sales in the last 12 months and 21 in 24 (newest verified sale 2026-01); the middle 80% of recent sales traded at 0.96x to 1.54x their county full cash value, median 1.31x (21 sales with usable county values).
2022: $22.25/SF median (13 sales)
2023: $22.17/SF median (8 sales)
2024: $27.12/SF median (12 sales)
2025: $50.67/SF median (8 sales)
This estimate sits at 1.12x county full cash value, the 29th percentile of those recent sale premiums.
Computed from 117 verified arm's-length sales in Maricopa County public records (21 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2021-08-01 for $50,477,000 (recorded arm's-length sale).
Current ownership dates to 2021 (about 5 years) per recorded transfers.
2021-08-01: $50,477,000 from Pex Commerce Park LLC to Pegasus West Valley North Owner LLC, rec. 211115672
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 $35,894,300 (2026) to $36,668,100 (2027), up 2% over 1 years, per county tax rolls. The 2027 roll splits $36,668,100 into $12,005,800 land and $24,662,300 improvements.