2818 E Avalon Dr, Phoenix, AZ 85016
A ground-up construction analysis of 2818 E Avalon Dr in Phoenix, Arizona: land comps, finished value from 9 recorded new-construction sales, a full budget with the city's published permit and impact fees, construction loan and builder profit. Every number traces to a comp, a source or a formula you can check.
Budget and profit
| Land price used | $370,000 (the lot's own recorded sale on Mar 24, 2026) |
| Hard cost | $542,575 ($185/sf base) |
| Total project cost | $1,126,294 |
| Builder profit / margin on cost | $44,706 / 4.0% |
| Target (15% margin on cost) | $168,944: not met |
| Max lot price that hits the target | $274,900 |
| Max hard cost/sf that hits the target | $144/sf |
Financing and hold option
| Construction loan | $767,475 |
| Loan-to-cost | 72.7% |
| Cash required (peak equity) | $288,559 |
| Hold option: rent | $2,930/mo |
| Hold option: DSCR (rent / PITIA) | 0.44 |
New-construction sales
The 9 recorded sales of new homes within 1.5 mi, 12 months behind the finished value (first 10 shown).
| Address | Sold | Price | Sq ft | $/sf | Miles | Role |
|---|---|---|---|---|---|---|
| 2336 N 28th Pl | Oct 2, 2025 | $739,900 | 2,025 | $365 | 0.64 | new build, 2024 |
| 3430 E Monterosa St | Jun 15, 2026 | $998,000 | 1,698 | $588 | 1.18 | new build, 2024 |
| Apn 16304216 | Nov 10, 2025 | $1,280,000 | 2,045 | $626 | 1.29 | new build, 2025 |
| Apn 16304221 | Oct 17, 2025 | $1,286,514 | 2,045 | $629 | 1.26 | new build, 2025 |
| Apn 16304215 | Oct 27, 2025 | $1,346,037 | 2,045 | $658 | 1.29 | new build, 2025 |
| Apn 16304220 | Oct 28, 2025 | $1,353,817 | 2,695 | $502 | 1.26 | new build, 2025 |
| Apn 16304214 | Nov 7, 2025 | $1,401,029 | 2,695 | $520 | 1.29 | new build, 2025 |
| Apn 16304219 | Oct 17, 2025 | $1,362,952 | 2,695 | $506 | 1.26 | new build, 2025 |
| Apn 16304217 | Oct 17, 2025 | $1,402,760 | 2,695 | $521 | 1.29 | new build, 2025 |
Land comps
Recorded vacant-lot and teardown sales within 1.5 mi, 12 months (grade B).
| Address | Sold | Price | Lot sq ft | Miles | Type |
|---|---|---|---|---|---|
| 2810 N 29th Pl | Feb 26, 2026 | $300,000 | 14,127 | 0.34 | vacant lot |
| 2210 E Sheridan St | Aug 13, 2026 | $320,000 | 13,547 | 0.95 | vacant lot |
| 2206 E Yale St | Jun 23, 2026 | $100,000 | 6,692 | 0.94 | vacant lot |
| 3828 N 33rd St | Feb 9, 2026 | $525,000 | 7,283 | 0.86 | vacant lot |
| 3928 E Mulberry Dr | Nov 26, 2025 | $535,000 | 7,640 | 1.42 | vacant lot |
The lot and the plan
| Lot size | 8,385 sq ft |
| Zoning | R1-6 |
| Planned home | 2,250 sf, 4 bed / 3.0 bath, 1 story, 2-car garage |
| County | Maricopa County, AZ |
What's in the full report
- Land comps and new-construction comps with every screen shown
- Line-item budget with cited city permit and impact fees
- Month-by-month draw schedule, interest reserve and IRR
- Residual land value: the most you can pay for the lot
- Build-to-rent option with DSCR sizing
Get reports like this for your deals
Blueline Analytics is opening early access in stages for investors and lenders. Leave your email and tell us where you invest. We'll reach out when your spot opens.
- Flip, BRRRR/DSCR and ground-up reports with every comp, assumption and formula shown
- Founding members get list price ($49, $99 or $149 a month) locked for as long as they stay subscribed, limited to the first 100
- No payment now
Questions? kmartin@bluelinedata.com
More sample reports
Sample report on a real property, using data as of Aug 26, 2026. Sources: Maricopa County Assessor recorded sales and parcel records, City of Phoenix / Glendale published fee schedules, public GIS zoning; rent estimate from RentCast. Data provided by RentCast.
The house plan, hard and soft costs, and loan terms are example assumptions, so profit and loan figures are illustrative. Not an appraisal or a feasibility study. Details on the methodology page.
Home · Sample reports · Methodology · Coverage by state · Privacy · Terms · kmartin@bluelinedata.com
© 2026 Blueline Analytics · bluelinedata.com