Realmo Analytics

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Property profile

135 2nd Ave Phoenix, AZ 85003

OFF-MARKET
Office buildings
Property ID
US07-1172827
48,953 SF 0.21 ac lot Built 1952
Last sale Oct 2026 · $10,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Phoenix office space, located at 135 N 2nd Ave, Suite 600, offers a diverse range of flexible workspace solutions catering to various business needs. Situated in Maricopa County, Arizona, this property provides traditional office suites, executive offices, coworking spaces, medical offices, and creative office environments. The space is available for multiple tenants and offers customizable options, ranging from single-person offices to large-scale setups accommodating 100+…

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?
$74k
Tax billed · 2023
Assessed value · 2024$826k
Effective rate8.98%

Value estimate

· Nov 2026
$755k
$680k – $831k
Submarket $/SF estimate$8.75M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$300/SF
Submarket average, outlier-cleaned · 958 recorded sales of this use type
Observed band · Q1–Q3$128 – $528
Qualifying comparables4

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?
DTC-BCORE
The Business Core character area should function as a strong regional center for employment, entertainment, conventions, tourism, and cul...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop8.7
Tailor Shop8.4
Pet Grooming Service8.1

Location

135 2nd Ave Phoenix, AZ 85003-2013
County assessor Recorded deeds · 7 transfers 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
45 Jefferson, Phoenix, AZ 85003-2307 $6,900,000 May 2023 48,958 SF
201 Washington, Phoenix, AZ 85003-2201 $4,758,442 Nov 2022 45,682 SF
1 Madison, Phoenix, AZ 85003-2121 $1,640,678 Mar 2022 27,600 SF
45 Buchanan, Phoenix, AZ 85003-2427 $4,500,000 Jan 2022 13,440 SF
20 Jackson, Phoenix, AZ 85003-2404 $5,760,125 Sep 2021 20,844 SF
11 Jefferson, Phoenix, AZ 85003-2306 $14,000,000 Dec 2019 88,303 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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