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Financial
Distress signals
Property profile

450 W Indian School Rd Phoenix, AZ 85013

FOR SALE
Drive through restaurants
Property ID
US07-0929796
1,631 SF 0.15 ac lot Built 1977
Last sale Dec 2025 · $975,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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450 W Indian School Rd, Phoenix, AZ 85013 For Sale
Contact for pricing 1,631 SF
450 W Indian School Rd, Phoenix, AZ 85013
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Property summary

AI-generated overview

This exceptional 1,680 square foot restaurant space is ideally situated in the heart of downtown Phoenix, Arizona, at 450 W Indian School Rd, zip code 85013. The property benefits from its proximity to major office centers and a rapidly expanding residential population, ensuring a robust customer base. Its location near St. Joe's Medical Center further enhances its appeal to a diverse clientele. The surrounding area is experiencing significant revitalization, with numerous luxury residential…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$6k
Tax billed · 2023
Assessed value · 2024$56k
Effective rate10.75%

Value estimate

· Oct 2026
$390k
$351k – $429k
Submarket $/SF estimate$526k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$534/SF
Submarket average, outlier-cleaned · 167 recorded sales of this use type
Observed band · Q1–Q3$260 – $828
Qualifying comparables6

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-N
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service10.8
Food Market10.4
Tailor Shop10.3

Location

450 W Indian School Rd Phoenix, AZ 85013
County assessor Recorded deeds · 3 transfers 6 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
4971 7th, Phoenix, AZ 85013-2405 $1,075,000 Jun 2025 1,729 SF
638 Indian School, Phoenix, AZ 85013-3136 $375,000 May 2025 2,726 SF
4343 7th, Phoenix, AZ 85013-2901 $747,000 May 2024 2,576 SF
646 Indian School, Phoenix, AZ 85013-3136 $2,000,000 Apr 2024 2,400 SF
4600 7th, Phoenix, AZ 85013-2703 $950,000 Oct 2022 2,448 SF
2902 7th, Phoenix, AZ 85013-4103 $1,400,000 Jul 2020 1,972 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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