Financial
Distress signals
Property profile

246 Watkins St Phoenix, AZ 85004

OFF-MARKET
Warehouses
Property ID
US07-0171427
27,519 SF 1.62 ac lot Built 1979
Last sale Sep 2020 · $3,700,000
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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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$25k
Tax billed · 2023
Assessed value · 2024$612k
Effective rate4.14%

Value estimate

· Sep 2026
$5.41M
$4.87M – $5.95M
CAP approach$3.24M
Sales comparison$7.11M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$260/SF
Submarket average, outlier-cleaned · 569 recorded sales of this use type
Observed band · Q1–Q3$135 – $438
Qualifying comparables9

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.3
Realty agency11.6
Hair Salon9.6

Location

246 Watkins St Phoenix, AZ 85004-2926
County assessor Recorded deeds · 12 transfers 9 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
261 University, Phoenix, AZ 85004-2921 $8,685,885 Jun 2025 41,906 SF
710 3rd, Phoenix, AZ 85004-2609 $466,200 Nov 2022 30,800 SF
2410 Central, Phoenix, AZ 85004-2910 $2,800,000 Jan 2022 22,332 SF
450 Watkins, Phoenix, AZ 85004-2931 $2,250,000 Jun 2021 13,944 SF
510 University, Phoenix, AZ 85004-2936 $1,300,000 May 2021 31,284 SF
34 Jackson, Phoenix, AZ 85004 $7,000,000 Apr 2021 41,250 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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