Financial
Distress signals
Property profile

1423 N 16Th St Phoenix, AZ 85006

FOR SALE
Other individual retail properties
Property ID
US07-2662299
951 SF 0.2 ac lot Built 1948
Last sale Dec 2008 · $250,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1423 N 16Th St, Phoenix, AZ 85006 For Sale
$1,000,000 951 SF
1423 N 16Th St, Phoenix, AZ 85006
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Property summary

AI-generated overview

The property at 1423 N 16th Street in Phoenix is a 2,572-square-foot medical office that includes a fully equipped dental practice. It is configured to support either a dental operator or other medical office use, with the practice and office use described as being available together or separately. The dental practice has been operated for approximately 40 years. The office is located near downtown Phoenix, Arizona State University (ASU), and the UAU Medical School, within an area that has experienced surrounding redevelopment.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$69k
Effective rate7.47%

Value estimate

· Sep 2026
$285k
$257k – $314k
NOI build-up
Gross scheduled income$79k
Vacancy & credit loss−$20k
Operating expenses−$15k
NOI · 4.40% cap applied$44k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
4.40%
$44k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R-5
The purpose of R-5 is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple un...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.8
Daycare Center9.8
Bakery9.3

Location

1423 N 16Th St Phoenix, AZ 85006
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1609 12th, Phoenix, AZ 85006-2240 $100,000 Mar 2025 1,530 SF
617 7th, Phoenix, AZ 85006-3304 $2,000,000 Jan 2025 1,045 SF
1447 Mcdowell, Phoenix, AZ 85006-3113 $1,000,000 Feb 2022 1,255 SF
1718 16th, Phoenix, AZ 85006-1903 $380,000 Aug 2021 2,300 SF
1203 Van Buren, Phoenix, AZ 85006 $175,000 Apr 2021 2,410 SF
1302 Van Buren, Phoenix, AZ 85006 $80,000 Feb 2021 1,344 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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