7829 W THOMAS Road, Phoenix, AZ 85033
$1,975,000
Property Type:
Comm/Industry Sale
Square Footage:
7,910
Lot Size (sq. ft.):
67,518
Status:
Closed
Current Price:
$1,975,000
List Date:
4/02/2024
Last Modified:
5/19/2025
Description
Situated in a rapidly expanding area of the West Valley, 7829 W Thomas presents a prime second generation restaurant opportunity, strategically positioned with high visibility along bustling Thomas Avenue adjacent to Desert Sky Mall. Nestled within a thriving retail hub in the West Valley, it caters to a densely populated residential area and benefits from the ongoing development of numerous multifamily units. Notably, the property resides within an opportunity zone, enhancing its investment potential.
More Information MLS# 6673224
Contract Info
Current Price: $1,975,000
Sold Price: $1,975,000
Status: Closed
List Date: 2024-03-06
Ownership: Fee Simple
Location Tax Legal
House Number: 7829
Compass: W
Street Name: THOMAS
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85033
Zip4: 5442
Country: US
County Code: Maricopa
Assessor Number: 102-38-001-G
Tax Year: 2023
General Property Description
Ttl Apx SqFt Bldg: 7910
# of Buildings: 1
Year Built: 1987
Uncvrd Parking Spcs: 82
Zoning: RSC
Remarks Misc
Cross Street: Thomas Rd and 79th Ave
Directions: From I-10, head North on 83rd Ave. Turn right onto Thomas Rd past 79th Ave. Property is located on the right.
Geo Lat: 33.479522
Geo Lon: -112.227819
Status Change Info
Status Change Date: 2024-04-04
Off Market Date: 2024-04-02
Under Contract Date: 2024-03-20
Close of Escrow Date: 2024-04-03
Sold Price: $1,975,000
Legal Info
Township: 2N
Range: 1E
Section: 35
Lot Number: -
Showing Notification Methods
Showing Service: No Showing Service Used
Sold Info
Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial
Business Type: Restaurant; Other
Stories: 1 Story
Construction: Wood Frame
Roofing: Rolled
Floors: Other
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Other; See Remarks
Cooling: Other; See Remarks
Loading Facilities: Other (See Remarks)
Interior: Finished
Exterior: Building Sign
Fencing: Block
Parking Features: Free; Paved
Electric: SRP
Gas: Other (See Remarks)
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Special: Court Approval Req
Source of Fincl Data: Other (See Remarks)
Environmental: Other (See Remarks)
Listing Office: R.O.I. Properties
Last Updated: May - 19 - 2025
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