Property profile

926 East Mcdowell Rd Phoenix, AZ 85006

FOR LEASE
Medical Office Space
Saved · see the list in your Dashboard
Property ID
US07-0903319
57,136 SF 1.95 ac Built 1965
Last sale Apr 2022·$17,885,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This commercial building is located in a healthcare corridor area with convenient dual access and frontage that supports strong street visibility. It features unique architectural elements and provides abundant surface parking. The property is situated within 10 miles of 27 hospitals and approximately 2 miles from downtown Phoenix, with proximity to Interstate 10 for regional connectivity within the Phoenix metropolitan area. The layout and site configuration are suitable for a range of medical and wellness uses.

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?
$35k
Tax billed · 2023
Assessed value · 2024$1.73M
Effective rate2.04%

Value estimate

· Nov 2026
$15.76M
$14.18M – $17.34M
CAP approach$12.53M
Submarket $/SF estimate$13.69M
NOI build-up
Gross scheduled income$619k
Vacancy & credit loss−$62k
Operating expenses−$223k
NOI$334k

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

Recently sold

What actually traded nearby?
$265/SF
Submarket average, outlier-cleaned · 143 recorded sales of this use type
Observed band · Q1–Q3$157 – $395
Qualifying comparables6

Cap rate analysis

How does the asset earn?
$334k 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?
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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply24.4
Wholesale Shop23.0
Auto Parts Store22.9

Location

926 East Mcdowell Rd Phoenix, AZ 85006
County assessor Recorded deeds · 8 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

5 recorded sales · 15 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1300 12th, Phoenix, AZ 85006-2848 $18,270,000 Dec 2025 175,530 SF
2229 Mcdowell, Phoenix, AZ 85006-2448 $500,000 Sep 2024 3,120 SF
1146 Mcdowell, Phoenix, AZ 85006-2611 $4,700,000 Mar 2022 27,322 SF
775 Willetta, Phoenix, AZ 85006-2723 $2,200,000 Apr 2019 70,360 SF
1112 Mcdowell, Phoenix, AZ 85006-2629 $1,400,000 Dec 2018 10,130 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

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved