Address
City: Avondale
State: Arizona
Postal Code: 85323
Country: United States
Business facts
Estimated annual revenue~$3.4M
Estimated employees~11
Estimated wage bill~$744.0K
Estimate based on moderate signals
Area statistics (85323)
Population45,288
Median household income$72,547
Source: US Census ACS
About
Nova Source Power Source is located in Avondale, Arizona. This business is working in the following industry: Warehouse.
Market analysis
Earning above its category median in a growing category (Warehouse).
EstimateCategory trend: 2024, +9.2%
Revenue trend (modeled)
~$1.5M2019
~$2.0M2020
~$2.6M2021
~$2.8M2022
~$3.1M2023
~$3.4M2024
Modeled from official industry statistics+18.5%/yr since 201980% confidence band: ±42%
Property
Lot size11 acres
ZoningCONTACT LOCAL JURISDICTION
CountyMaricopa
Parcel ownerJIC AVONDALE LLC
Last sale$71.0M (09/01/2021)
On this lotshared with 3 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Warehouse in Arizona | 952 | ~$4.0B | ~$4.2M | ~$2.6M | 4.1★ | 1.3× |
Category revenue trend2024: +9.2%2023: +4.2%2022: +15.2%2021: +18.7%Modeled from business-level estimates
Chain pressure44 chains expanding in this category, led by Extra Space Storage, Extra Space Storage, Record Nations (+781 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 27 | ~$125.4M | ~$4.6M | ~$3.0M | 361 | ~$44.5M | 1.2× |
| Transportation and storage | 4 | ~$21.2M | ~$5.3M | — | 33 | — | — |
1 km area (all businesses): median from the 18 of 27 businesses with estimates
Estimate
Area conditions (85323)
Population45,288 ±1,738
Median household income$72,547 ±$5,510
Median home value$287,300
Bachelor's degree or higher0.2%
Unemployment rate0.0%
Source: US Census ACS