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Financial
Distress signals
Property profile

21602 Central Ave Phoenix, AZ 85024

OFF-MARKET
Flex space
Property ID
US07-0985416
16,125 SF 0.92 ac lot Built 1986
Last sale Oct 2021 · $9,031,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of industrial suites in Phoenix, Arizona, located in the Deer Valley/Pinnacle Peak area. The building has a total area of approximately 16,480 square feet and is configured to provide multiple industrial suite spaces suitable for leasing.

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?
$19k
Tax billed · 2023
Assessed value · 2024$381k
Effective rate4.91%

Value estimate

· Oct 2026
$13.00M
$11.70M – $14.30M
Submarket $/SF estimate$4.48M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$220/SF
Submarket average, outlier-cleaned · 486 recorded sales of this use type
Observed band · Q1–Q3$117 – $396
Qualifying comparables7

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?
A-1
The purpose of A-1 zone is to provide industrial uses designed to serve the needs of the community for industrial activity not offensive ...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant17.8
Dental Office17.6
Law Firm14.7

Location

21602 Central Ave Phoenix, AZ 85024-5106
County assessor Recorded deeds · 13 transfers 7 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21050 9th, Phoenix, AZ 85024-5638 $12,418,016 Dec 2021 18,872 SF
21045 9th, Phoenix, AZ 85024-5634 $12,418,016 Dec 2021 18,872 SF
21025 8th, Phoenix, AZ 85024-4204 $12,418,016 Dec 2021 18,872 SF
875 Covey, Phoenix, AZ 85024-5672 $4,464,371 Dec 2021 19,227 SF
21628 Central, Phoenix, AZ 85024-5110 $9,031,000 Oct 2021 16,709 SF
905 Salter, Phoenix, AZ 85024-5648 $2,925,000 Aug 2019 18,781 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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