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Property profile

4505 E Broadway Rd Phoenix, AZ 85040

FOR SALE
Office buildings
Property ID
US07-0119803
7,388 SF 0.17 ac lot Built 2006
Last sale Oct 2023 · $2,090,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A renovated flex workspace located at 4505 E Broadway Road in Phoenix, configured as a combined office and warehouse building with street frontage. The interior provides approximately 5,000 SF of office space and 2,000 SF of warehouse area, arranged to support a range of commercial uses. The office portion includes seven private offices sized for multiple workstations (2–4 desks each), three bullpen areas, and a modular studio that can be configured as a conference room, additional bullpen, or…

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?
$10k
Tax billed · 2023
Assessed value · 2024$196k
Effective rate5.22%

Value estimate

· Nov 2026
$2.94M
$2.65M – $3.23M
CAP approach$2.08M
Submarket $/SF estimate$2.89M
NOI build-up
Gross scheduled income$144k
Vacancy & credit loss−$17k
Operating expenses−$44k
NOI · 3.44% cap applied$83k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$567/SF
ZIP average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$200 – $1,055
Qualifying comparables8

Cap rate analysis

How does the asset earn?
3.44%
$83k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CP/BP
This zone option allows permits assembly, warehousing and shipping activities along with retail services selected to support these broade...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.2
Daycare Center9.0
Nail Salon8.3

Location

4505 E Broadway Rd Phoenix, AZ 85040
County assessor Recorded deeds · 13 transfers 8 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Phoenix, AZ 85040 $21,600,000 Oct 2024 10,885 SF
4535 Broadway, Phoenix, AZ 85040-8827 $1,900,000 May 2024 6,038 SF
3321 Atlanta, Phoenix, AZ 85040-2801 $3,050,000 Oct 2023 9,720 SF
4529 Broadway Rd, Phoenix, AZ 85040-8896 $2,600,000 Feb 2023 10,174 SF
5644 16th, Phoenix, AZ 85040-3511 $1,470,000 Jan 2023 8,040 SF
1509 Elwood, Phoenix, AZ 85040-1330 $3,350,000 Dec 2022 5,437 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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