Property profile

12005 Tatum Blvd Phoenix, AZ 85028

OFF-MARKET
Strip malls
Property ID
US07-0411410
10,216 SF 0.8 ac lot Built 1995
Entity Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1995
Construction CONCRETE
Total area 10,216 SF
Lot 0.8 ac (34,985 SF)
Zoning code C-2
APN 167-44-006
UPID US07-0411410

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
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

12005 Tatum Blvd Phoenix, AZ 85028-1650
Phoenix metro Census 103209 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
$1.99M
Blend (final) Blend
$1.90M

Owner & transaction history

since 2011
7 recorded transactions
2011
Price N/A
2011
$11.4M
2011
$17.9M
2009
$18.1M
2009
Price N/A
2004
Price N/A
2003
Price N/A

Zoning & alternative use

C-2 · Phoenix, AZ
Zoning description

The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district

General category COMMERCIAL
Top alternative use upside
Retail stores $3.0M +17.1%
Medical building $2.7M +4.3%
Warehouse, storage $2.7M +2.0%

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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