Financial
Distress signals
Property profile

W Independent Living Dr Phoenix, AZ 85023

FOR SALE
Strip malls
View Listing
Property ID
US07-2385245
4,590 SF 1 ac lot Built 2018
Last sale Oct 2019 · $3,280,695
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$19k
Tax billed · 2023
Assessed value · 2024$265k
Effective rate7.10%

Value estimate

· Sep 2026
$2.00M
$1.80M – $2.20M
Submarket $/SF estimate$2.11M
NOI build-up
Gross scheduled income$54k
Vacancy & credit loss−$3k
Operating expenses−$23k
NOI · 28.26% cap applied$28k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$255/SF
Submarket average, outlier-cleaned · 167 recorded sales of this use type
Observed band · Q1–Q3$117 – $460
Qualifying comparables12

Cap rate analysis

How does the asset earn?
28.26%
$28k 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?
C-2
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wid...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office27.2
Realty agency25.3
Law Firm24.1

Location

W Independent Living Dr Phoenix, AZ 85023
County assessor Recorded deeds · 10 transfers 12 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
15840 32nd, Phoenix, AZ 85032-3851 $1,100,000 Jun 2024 4,686 SF
15627 Cave Crk, Phoenix, AZ 85032 $850,000 Mar 2024 5,500 SF
13802 32nd, Phoenix, AZ 85032-5637 $1,700,000 Apr 2022 9,360 SF
14848 Cave Crk, Phoenix, AZ 85032-4984 $1,345,000 Jun 2021 7,160 SF
15035 Cave Crk, Phoenix, AZ 85032-4316 $400,000 May 2020 5,148 SF
3202 Greenway, Phoenix, AZ 85032-4548 $23,100,000 Sep 2019 10,720 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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