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    3245 36Th St Phoenix, AZ 85040

    • Office buildings
    • 2,500 SF
    • 5.32 lot acres
    For Lease
    View listing
    $20 SF/Yr
    Value Estimation
    $6,070,000
    Last Sale
    Nov 01, 2022
    $5,500,000
    Location Intelligence
    Property ID
    US07-2341813
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 3245 36Th St

    Year built
    1996
    Lot size
    5.32 lot acres
    Property size
    2,500 SF
    Zone code
    A-1
    Property type
    Office buildings
    APN
    122-05-044
    APU
    12205044

    Description

    This exceptional 1,500-square-foot executive office suite is ideally located at 3245 South 36th Street in Phoenix, Arizona, within Maricopa County. The property is a single-tenant space, offering complete privacy and control. The entire 1,500 square feet is currently vacant and ready for immediate occupancy. This presents a unique opportunity for a business seeking a move-in ready space. The building's location in Phoenix offers easy access to major transportation routes, ensuring convenient commutes for employees and clients. The property is classified as an office building, specifically designed for executive-level operations. The address is 3245 S 36th St, Phoenix, AZ 85040. This prime location in Maricopa County provides excellent visibility and accessibility. The property's single-tenant occupancy ensures a quiet and focused work environment, free from the distractions of shared spaces. This turnkey solution eliminates the need for extensive renovations or build-outs, allowing businesses to focus on their core operations from day one. The ample square footage provides flexibility for various office configurations, accommodating diverse business needs. Interested parties are encouraged to inquire further to explore this exceptional opportunity. The property is available for lease.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,480,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,360,000
      6.5%
      $5,655,000
      7%
      $5,525,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,545,000
      Geo Method
      $6,040,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,770,000
      Retail
      $6,500,000
      Mixed-Use
      $5,325,000
      Hospitality
      $5,995,000
      Educational
      $5,420,000
      Residential Income
      $4,930,000
      Energy
      $4,865,000
      Income-Based Land
      $6,295,000
      Food Service
      $5,065,000

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.003
    Latitude
    33.4171
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $74,456
    $0.00
    $0.00
    $791,753
    -
    $1,900,800
    $2,897,700
    $4,798,500

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    3245 36Th St
    Phoenix, AZ 85040
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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
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