Property profile

12010 32nd St Phoenix, AZ 85028

OFF-MARKET
Strip malls
Property ID
US07-1816610
4,267 SF 8.57 ac lot Built 1980
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1980
Construction CONCRETE
Total area 4,267 SF
Lot 8.57 ac (373,376 SF)
Zoning code C-2
APN 166-32-041S
UPID US07-1816610

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
  • Counselor
  • Discount Store

Location

12010 32nd St Phoenix, AZ 85028-1219
Phoenix metro Census 104802 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
$1.96M
Blend (final) Blend
$2.61M

Owner & transaction history

since 2016
5 recorded transactions
2022
Price N/A
2016
Price N/A
2005
$2.6M
1969
Price N/A
1969
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
Commercial (general) $3.0M +173.6%
Auto repair, garage $1.8M +66.0%
Retail stores $1.3M +17.1%

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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