Financial
Distress signals
Property profile

1835 Adams St Phoenix, AZ 85007

OFF-MARKET
Office buildings
Property ID
US07-3294919
5,720 SF 0.28 ac lot Built 1999
Last sale Jan 2026 · $1,380,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This office building is located immediately adjacent to the Arizona State Capitol and is part of the Arizona State Capitol Complex, with a total building size of 5,720 square feet. Designed by architect Michael Munninger, the building includes contemporary architectural elements and is configured with an open floor plan, a floor-to-ceiling window wall, and open ceilings. The property is zoned C-2, providing flexibility for potential future uses of the building and site.

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 · 2022

What does the county charge?
$14k
Tax billed · 2022
Assessed value · 2024$144k
Effective rate9.51%

Value estimate

· Sep 2026
$1.10M
$990k – $1.21M
AI approach$1.10M
CAP approach$1.61M
Sales comparison$1.43M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$382/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$211 – $509
Qualifying comparables11

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?
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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.3
Dental Office17.7
Pharmacy14.7

Location

1835 Adams St Phoenix, AZ 85007-2603
County assessor Recorded deeds · 4 transfers 11 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
450 15th, Phoenix, AZ 85007-3327 $3,900,000 Nov 2024 4,355 SF
1415 7th, Phoenix, AZ 85007-1934 $1,750,000 Dec 2022 4,160 SF
420 15th, Phoenix, AZ 85007-2403 $677,000 Aug 2022 2,880 SF
750 Grand, Phoenix, AZ 85007-2510 $1,250,000 Aug 2022 5,151 SF
934 Mcdowell, Phoenix, AZ 85007-1730 $1,150,000 Oct 2021 5,272 SF
1114 Grand, Phoenix, AZ 85007-2337 $775,000 Feb 2021 4,000 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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