Property profile

11023 22nd Ave Phoenix, AZ 85029

OFF-MARKET
Office buildings
Property ID
US07-1018752
1,200 SF 0.69 ac lot Built 1960
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1960
Construction STEEL FRAME
Total area 1,200 SF
Lot 0.69 ac (30,000 SF)
Zoning code A-1
APN 149-08-072
UPID US07-1018752

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
  • Building Supply Industrial Manufacturer

Location

11023 22nd Ave Phoenix, AZ 85029-4805
Phoenix metro Census 104401 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.41M
Blend (final) Blend
$2.12M

Owner & transaction history

since 2022
Last sale
$1.8M
6 recorded transactions
2022
$1.8M
2002
$900,000
2000
Price N/A
1999
$520,000
1991
$180,000
1969
Price N/A

Zoning & alternative use

A-1 · Phoenix, AZ
Zoning description

The purpose of A-1 zone is to provide industrial uses designed to serve the needs of the community for industrial activity not offensive to nearby commercial and residential uses

General category INDUSTRIAL

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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