Financial
Distress signals
Property profile

650 6th Ave Phoenix, AZ 85003

OFF-MARKET
Office buildings
Property ID
US07-3019393
6,880 SF 0.46 ac lot Built 1935
Last sale Apr 2022 · $1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a modern office space totaling approximately 4,400 square feet, located in downtown Phoenix. It is configured with flexible, efficient floor plans and includes features intended to provide substantial natural light. The building includes office amenities, and it is positioned for convenient access to major thoroughfares. Parking is provided onsite or nearby, and the office is situated within walking distance of entertainment venues, with nearby dining and cultural attractions.

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?
$29k
Tax billed · 2023
Assessed value · 2024$280k
Effective rate10.32%

Value estimate

· Sep 2026
$1.30M
$1.17M – $1.42M

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

Recently sold

What actually traded nearby?
$300/SF
Submarket average, outlier-cleaned · 958 recorded sales of this use type
Observed band · Q1–Q3$128 – $528
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?
DTC-S-ROO
Roosevelt North is part of the Roosevelt Historic District and it is comprised of traditional historic single-family homes
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop8.9
Tailor Shop8.5
Tanning Salon8.3

Location

650 6th Ave Phoenix, AZ 85003-1531
County assessor Recorded deeds · 7 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1650 1st, Phoenix, AZ 85003-1124 $1,600,000 Aug 2024 3,485 SF
801 1st, Phoenix, AZ 85003-1401 $1,450,000 Nov 2023 3,300 SF
45 Buchanan, Phoenix, AZ 85003-2427 $4,500,000 Jan 2022 13,440 SF
362 3rd, Phoenix, AZ 85003-1521 $3,700,000 Dec 2021 4,526 SF
394 3rd, Phoenix, AZ 85003-1521 $858,250 Apr 2021 3,433 SF
650 3rd, Phoenix, AZ 85003-1523 $1,320,000 Nov 2019 4,785 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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