Realmo Analytics

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Financial
Distress signals
Property profile

23620 N 20Th Dr Phoenix, AZ 85085

FOR LEASE
Flex space
Property ID
US07-1002888
105,560 SF 12.22 ac lot Built 2002
Last sale Sep 2021 · $45,380,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$238k
Tax billed · 2023
Assessed value · 2024$5.10M
Effective rate4.66%

Value estimate

· Oct 2026
$43.55M
$39.19M – $47.90M
Submarket $/SF estimate$41.82M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$220/SF
Submarket average, outlier-cleaned · 486 recorded sales of this use type
Observed band · Q1–Q3$117 – $396
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
A-1
The purpose of A-1 zone is to provide industrial uses designed to serve the needs of the community for industrial activity not offensive ...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop8.6
Convenience Store7.9
Laundromat7.8

Location

23620 N 20Th Dr Phoenix, AZ 85085
County assessor Recorded deeds · 4 transfers 4 qualifying comp sales 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
24820 16th Ave, Phoenix, AZ 85085-0656 $514,341 Dec 2022 18,618 SF
24825 16th Ave, Phoenix, AZ 85085-0639 $1,125,000 Apr 2022 23,820 SF
23910 19th, Phoenix, AZ 85085-1831 $68,680,000 Sep 2021 62,125 SF
23606 19th, Phoenix, AZ 85085-0675 $26,790,000 Sep 2021 61,032 SF
1611 Whispering Wind, Phoenix, AZ 85085-0649 $3,131,313 Jun 2021 21,031 SF
1506 Whispering Wind, Phoenix, AZ 85085-0699 $2,687,445 Oct 2020 19,974 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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