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Financial
Distress signals
Property profile

21043 Cave Crk Rd Phoenix, AZ 85024

OFF-MARKET
Strip malls
Property ID
US07-3479673
40,713 SF 1.06 ac lot Built 2002
Last sale Apr 2025 · $7,117,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This retail storefront is located at a signalized intersection with visibility along N. Cave Creek Road, and it provides multiple ingress/egress points from the intersection of Cave Creek Rd and Rose Garden Lane. The site is positioned on a roadway with reported daily traffic of approximately 42,832 vehicles along N. Cave Creek Road and is located less than 1/2 mile from Loop 101. The surrounding area includes established household income levels reported as averaging over $133,900 within a 3-mile radius.

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?
$69k
Tax billed · 2023
Assessed value · 2024$1.44M
Effective rate4.80%

Value estimate

· Oct 2026
$7.23M
$6.50M – $7.95M
CAP approach$9.34M
Submarket $/SF estimate$11.97M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$255/SF
Submarket average, outlier-cleaned · 167 recorded sales of this use type
Observed band · Q1–Q3$117 – $460
Qualifying comparables3

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.6
Law Firm11.7
Grocery Store11.2

Location

21043 Cave Crk Rd Phoenix, AZ 85024-5512
County assessor Recorded deeds · 8 transfers 3 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

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21041 Cave Crk Rd, Phoenix, AZ 85024-5539 $2,425,000 Nov 2023 8,896 SF
710 Un Hls, Phoenix, AZ 85024-2996 $16,000,000 Apr 2023 11,875 SF
775 Covey, Phoenix, AZ 85024-5621 $1,316,000 Nov 2020 5,498 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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