MakeMe Estimate: $4.26M (estimated market value), with a likely range of $3.41M to $5.06M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $3,409,049 times a 1.25 market ratio, measured from 3891 verified arm's-length sale prices vs county values (office sales in Peoria, through 2026-06-29). Not an appraisal. How this estimate works.
lower confidence: 3 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: $5,450,000 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 3x apart from) the $166.39/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: Office in Peoria
median verified sale $174.05/SF over the trailing 24 months; 8 sales in the last 12 months and 21 in 24 (newest verified sale 2026-02); the middle 80% of recent sales traded at 0.89x to 1.46x their county full cash value, median 1.25x (21 sales with usable county values).
2022: $203.41/SF median (12 sales)
2023: $203.21/SF median (10 sales)
2024: $174.05/SF median (12 sales)
2025: $178.35/SF median (5 sales)
2026 YTD: $235.82/SF median (4 sales)
This estimate sits at 1.25x county full cash value, the 48th percentile of those recent sale premiums.
Computed from 140 verified arm's-length sales in Maricopa County public records (21 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2021-12-01 for $5,450,000 (recorded arm's-length sale).
Current ownership dates to 2021 (about 5 years) per recorded transfers.
2021-12-01: $5,450,000 from Four-B Investments LTD Partnership to Four-B Investments Limited Liability Partners, rec. 220154060
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 $3,345,958 (2026) to $3,409,050 (2027), up 2% over 1 years, per county tax rolls. The 2027 roll splits $3,409,050 into $1,735,800 land and $1,673,249 improvements.