The property is an office building located in Phoenix, Arizona, near the intersection of N 40th St and Greenway Rd, approximately two blocks from Highway 51. It includes covered parking and is configured for professional office use, with suitability for businesses such as law, marketing, real estate, and other professional services.

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?

$9k

Tax billed · 2023

Assessed value · 2024$139k

Effective rate6.54%

Value estimate

· Nov 2026

$1.27M

$1.14M – $1.39M

CAP approach$965k

Submarket $/SF estimate$1.53M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?

$302/SF

ZIP average, outlier-cleaned · 35 recorded sales of this use type

Observed band · Q1–Q3$168 – $447

Qualifying comparables5

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?

R1-14

The purpose of R1-14 is to provide a district of single family homes designed to maintain, protect, and preserve a character of developme...

General categoryRESIDENTIAL

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 Firm20.5

Realty agency20.3

Parking Facility13.9

15601 40th St Ste, Unit 130 Phoenix, AZ 85032-4009

County assessor Recorded deeds · 4 transfers 5 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 · 17 properties nearby

Address Sale price Sold Size

3038 Cactus, Phoenix, AZ 85032-7150 $895,000 May 2025 4,324 SF

15255 40th St, Phoenix, AZ 85032-4638 $580,000 Dec 2024 5,540 SF

14602 Tatum, Phoenix, AZ 85032-4816 $2,375,000 Aug 2023 5,270 SF

3254 Cactus, Phoenix, AZ 85032-7233 $650,000 Apr 2023 3,204 SF

15202 Cave Crk, Phoenix, AZ 85032-4351 $422,500 Oct 2021 2,850 SF

12450 32nd, Phoenix, AZ 85032-7160 $334,000 Jul 2020 4,422 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

Value Estimation
$1,540,000

3,442 SF

2737 Greenway Rd

OFFICE BUILDING

2737 Greenway Rd, Phoenix, AZ 85032-4391

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Value Estimation
$1,510,000

3,372 SF

3842 Thunderbird Rd

OFFICE BUILDING

3842 Thunderbird Rd, Phoenix, AZ 85032-5768

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Value Estimation
$1,415,000

4,324 SF

3038 Cactus Rd

OFFICE BUILDING

3038 Cactus Rd, Phoenix, AZ 85032-7150

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Value Estimation
$1,170,000

2,618 SF

14820 Cave Crk Rd Ste, Unit 2

OFFICE BUILDING

14820 Cave Crk Rd Ste, Phoenix, AZ 85032-4951

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Value Estimation
$1,170,000

2,618 SF

14818 Cave Crk Rd, Unit 3

OFFICE BUILDING

14818 Cave Crk Rd, Phoenix, AZ 85032

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Value Estimation
$1,075,000

2,400 SF

3916 Greenway Rd

OFFICE BUILDING

3916 Greenway Rd, Phoenix, AZ 85032-4626

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