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    3221 N 16Th St Phoenix, AZ 85016

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    For Lease
    $22 SF/Yr ($14,298 /Mo)

    Four-story office building with flexible spaces in Phoenix's Central Corridor.

    Property size:
    7,799 SF
    Lot size:
    2.14 Acres

    Property Features for 3221 N 16Th St

    General Information

    Size
    7,799 SF
    Lot size
    2.14 Acres

    Source: Commercial Properties Inc Agent Craig Trbovich

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Professional Office Building in Phoenix

    Park 16 is a four-story office building situated in Phoenix’s Central Corridor. The building provides well-designed spaces suitable for various tenants. Suite 200, encompassing 7799 square feet, is designed to be divided into three smaller, separate suites, offering flexibility for businesses. The property has frontage on N 16th St & E Flower St. Covered parking is available, and there is easy access to AZ-51. The parking ratio is 3.32 per 1,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    DCS / SSN and birth ... Government Office Neurologic Music Therapy ... Physical Therapy Clinic Arizona Department of Economic ... Government Office Maricopa County Vital ... Government Office DES State Government Office

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0465973
    Latitude
    33.4857617

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    FAQs

    What type of property is this?
    Office building - Four-story office building with flexible spaces in Phoenix's Central Corridor.
    Where is this office building located?
    The property is located at 3221 N 16Th St Phoenix, AZ.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Divisible Suite 200: Offers flexibility to create three smaller, separate suites.; - Central Corridor Location: Located in the heart of Phoenix's Central Corridor.; - Easy Access to AZ-51: Convenient highway access.
    (602) 549-4676
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    3221 N 16Th St Phoenix, AZ 85016
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    Phoenix, AZ 85016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3221 N 16Th St Phoenix, AZ 85016
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