Property profile

1113 5th Ave Phoenix, AZ 85003

OFF-MARKET
Commercial real estate
Property ID
US07-0430827
0.15 ac lot Built 1998
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1998
Lot 0.15 ac (6,500 SF)
Zoning code P-1
APN 112-17-169
UPID US07-0430827

Cap rate & NOI

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

Location

1113 5th Ave Phoenix, AZ 85003
Phoenix metro Census 114900 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
by Request
Blend (final) Blend
$61.00M

Owner & transaction history

since 2021
Last sale
$61.0M
7 recorded transactions
2021
$61.0M
2021
$42.0M
2016
Price N/A
2015
Price N/A
2014
$5.6M
2013
Price N/A
2001
$9.8M

Zoning & alternative use

P-1 · Phoenix, AZ
Zoning description

It is intended that the P-1 District will provide necessary off-street parking in appropriate locations for nonresidential uses located near residential districts

General category RESIDENTIAL

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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