Property profile

1002 2nd St Phoenix, AZ 85004

OFF-MARKET
Strip malls
Property ID
US07-0422745
3,400 SF 0.09 ac lot Built 1952
Entity Owned 2-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1952
Construction CONCRETE
Total area 3,400 SF
Lot 0.09 ac (3,750 SF)
Zoning code DTC-W-EV
APN 111-36-034
UPID US07-0422745

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1002 2nd St Phoenix, AZ 85004
Phoenix metro Census 113000 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$802k
Blend (final) Blend
$415k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2016
Price N/A
2012
Price N/A
2004
Price N/A
2004
$85,000
2003
Price N/A
1969
Price N/A

Zoning & alternative use

DTC-W-EV · Phoenix, AZ
Zoning description

The primary intent of the Evans Churchill West character area is to serve as a transition between the mixed-use neighborhoods to the north and east, the Downtown Gateway Corridor to the west, and the Biomed Cluster to th…

General category MIXED_USE
Top alternative use upside
Office building $1.0M +18.8%
Retail stores $1.0M +17.1%
Medical building $900,000 +4.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1002 2nd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message