Realmo Analytics

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Property profile

10640 28th Dr Phoenix, AZ 85029

OFF-MARKET
Other commercial real estate
Property ID
US07-1532169
48,980 SF 1.6 ac lot Built 1980
Last sale Dec 2004 · $4,200,000
Trust Owned Owner of record is a trust. 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This office campus consists of three externally accessed, garden-style, multi-tenant buildings, each approximately 15,558 square feet, for a total of about 46,674 square feet. The property supports a shared tenant layout with on-site management and includes capital improvements that were completed in the recent past, including new heating and air conditioning components (AC units and air handlers) and a roof replacement, along with refreshed landscaping, exterior painting, stone-and-cornice…

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?
$12k
Tax billed · 2023
Assessed value · 2024$169k
Effective rate6.79%

Value estimate

· Oct 2026
$615k
$554k – $677k
Submarket $/SF estimate$10.23M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$696/SF
Submarket average, outlier-cleaned · 344 recorded sales of this use type
Observed band · Q1–Q3$175 – $1,330
Qualifying comparables10

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-O
The purpose of C-O zone is intended to provide office use as an appropriate transition between intense commercial activities and nearby r...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Grocery Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Grocery Store13.1
Skin Care Clinic12.4
Food Market11.5

Location

10640 28th Dr Phoenix, AZ 85029-4527
County assessor Recorded deeds · 11 transfers 10 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10837 25th, Phoenix, AZ 85029-4747 $5,150,000 Jun 2025 No data
1833 Desert Cv, Phoenix, AZ 85029-5022 $380,000 Sep 2024 161 SF
2124 Desert Cv, Phoenix, AZ 85029 $1,795,000 Sep 2022 880 SF
3514 Peoria, Phoenix, AZ 85029-4026 $2,200,000 Feb 2022 6,546 SF
11034 23rd, Phoenix, AZ 85029-4743 $33,510,000 Jan 2022 39,744 SF
10830 25th, Phoenix, AZ 85029 $20,100,000 Jul 2019 26,000 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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