Property profile

10220 Metro E Pkwy Phoenix, AZ 85051

OFF-MARKET
Hotels
Property ID
US07-1406435
6,048 SF 5.29 ac lot Built 1983
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1983
Construction STEEL FRAME
Total area 6,048 SF
Lot 5.29 ac (230,324 SF)
Zoning code RSC
APN 149-16-398A
UPID US07-1406435

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Nightclub Music Venue
  • Hotel & Motel
  • Restaurant
  • Postal Service Courier Service
  • Training Center Vocational School

Location

10220 Metro E Pkwy Phoenix, AZ 85051-1516
Phoenix metro Census 104205 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
$5.41M
Blend (final) Blend
$5.31M

Owner & transaction history

since 2014
5 recorded transactions
2014
$3.5M
2013
$2.9M
2013
$2.9M
2007
Price N/A
1969
Price N/A

Zoning & alternative use

RSC · Phoenix, AZ
Zoning description

The intent of RSC district is to provide for major regional shopping facilities in those locations in the City deemed appropriate for such intense concentrations to serve large geographic areas while at the same time aff…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $4.2M +33.7%
Restaurant $3.2M +2.5%

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
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