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Property profile & analytics
OFF-MARKET
Individual retail properties
1423 16th St Phoenix, AZ 85006-3004
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-2662299
Property profile
Verified
Property type
Individual retail properties
Use group
BARBER, HAIR SALON
Year built
1948
Construction
CONCRETE
Total area
951 SF
Lot
0.2 ac (8,757 SF)
Zoning code
R-5
APN
116-14-112
UPID
US07-2662299
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Caring Dentistry LLC Dental Office
-
primary care dentistry Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
William Musa Sayegh · 2 yrs held
William Musa Sayegh
since 2023
Last sale
$250,000
7 recorded transactions
Zoning & alternative use
R-5 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of R-5 is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes
Zone name
Multifamily Residence Restricted Commercial
General category
COMMERCIAL
Zone area
4,750.37 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,182
Tax year 2023
Assessed value
$69,397
Assessed 2024
Previous assessed
$69,397
+0.0% YoY
Effective rate
7.47%
On assessed value
Land market value
$244,200
Improvement market value
$176,391
Total market value
$420,591
Applied tax rate
11,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Individual retail properties
Use group
BARBER, HAIR SALON
Status
Off-Market
Year built
1948
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
951 SF
Lot
0.2 ac (8,757 SF)
Zoning code
R-5
APN
116-14-112
UPID
US07-2662299
Jurisdiction
MARICOPA
Zoning & alternative use
R-5 · Phoenix, AZZoning R-5 · permitted uses
R-5 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of R-5 is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes
Zone name
Multifamily Residence Restricted Commercial
General category
COMMERCIAL
Zone area
4,750.37 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1948
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
William Musa Sayegh
Individual
Mailing address
1423 N 16TH ST, PHOENIX, AZ 85006-3004
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2023
—
William Musa Sayegh
John A Sayegh
Intrafamily Transfer
related
—
Nov 14, 2023
—
John A Sayegh
William Musa Sayegh
Intrafamily Transfer
related
—
Dec 23, 2008
$250,000
William M Sayegh
Battersby,beverly J
Warranty Deed
$225,000 · Beverly J Battersby
Dec 23, 2008
—
Margaret Judd
Judd,thomas
Quit Claim Deed
related
—
Feb 4, 1997
—
Joseph M Battersby
Joseph Battersby
Quit Claim Deed
related
—
May 12, 1987
$60,000
Joseph Battersby
—
Grant Deed
related
—
—
—
William Sayegh
—
Deed Of Trust
related
$185,000 · Quick Source Cap
—
—
William Sayegh
—
Deed Of Trust
related
$225,000 · Quick Source Cap
—
—
William M Sayegh
—
Deed Of Trust
related
$140,000 · Quick Source Cap
—
—
William M Sayegh
—
Deed Of Trust
related
$268,000 · Quick Source Cap
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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