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Financial
Distress signals
Property profile

1853 40th St Phoenix, AZ 85008

OFF-MARKET
Retail space
Property ID
US07-0170407
1,800 SF 0.17 ac lot Built 1947
Last sale Dec 2024 · $630,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

An office property consisting of an office unit with approximately 1,800 square feet located at 1853 N 40th Street in Phoenix, Arizona. The space is configured as office use and is identified as a standalone unit within the property.

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.

Debts

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?
$2k
Tax billed · 2023
Assessed value · 2024$61k
Effective rate3.91%

Value estimate

· Oct 2026
$630k
$567k – $693k
AI approach$630k
Submarket $/SF estimate$549k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$241/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$118 – $432
Qualifying comparables7

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?
M-H
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.9
Dental Office11.6
Hair Salon9.8

Location

1853 40th St Phoenix, AZ 85008-4002
County assessor Recorded deeds · 9 transfers 7 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4357 Mcdowell, Phoenix, AZ 85008-4529 $1,400,000 Feb 2025 1,770 SF
2605 32nd, Phoenix, AZ 85008-1232 $250,000 May 2024 1,960 SF
1046 26th, Phoenix, AZ 85008 $1,520,000 May 2024 1,600 SF
2336 32nd, Phoenix, AZ 85008-2149 $500,000 Mar 2023 1,620 SF
2332 32nd, Phoenix, AZ 85008-2149 $500,000 Mar 2023 1,610 SF
2214 24th, Phoenix, AZ 85008-2716 $600,000 Jul 2022 1,587 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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