Financial
Distress signals
Property profile

11840 28th Dr Phoenix, AZ 85029

OFF-MARKET
Office buildings
Property ID
US07-0496070
6,000 SF 0.63 ac lot Built 2002
Last sale Mar 2024 · $1,265,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$13k
Tax billed · 2023
Assessed value · 2024$137k
Effective rate9.81%

Value estimate

· Sep 2026
$1.27M
$1.14M – $1.39M
AI approach$1.27M
CAP approach$1.69M

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$629/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$192 – $1,172
Qualifying comparables17

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?
C-1
The purpose C-1 zone is to provide light neighborhood type retail and customer service uses designed to be compatible with each other and...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage11.3
Hair Salon10.6
Laundry Service10.4

Location

11840 28th Dr Phoenix, AZ 85029-3300
County assessor Recorded deeds · 3 transfers 17 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
2236 Shangri La, Phoenix, AZ 85029-4814 $1,050,000 Jan 2025 3,480 SF
2860 Peoria, Phoenix, AZ 85029-5218 $1,250,000 Nov 2023 7,916 SF
1817 Peoria, Phoenix, AZ 85029-5030 $1,400,000 Nov 2023 10,480 SF
1939 Cactus, Phoenix, AZ 85029-2739 $2,500,000 Mar 2022 5,939 SF
13201 35th, Phoenix, AZ 85029-1222 $2,425,000 Jan 2022 3,600 SF
10825 25th, Phoenix, AZ 85029 $20,100,000 Jul 2019 4,790 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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