Property profile

148 48th St Phoenix, AZ 85034

OFF-MARKET
Office buildings
Property ID
US07-1053615
124,644 SF 14.25 ac lot Built 1998
Individually Owned 25-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Construction CONCRETE
Total area 124,644 SF
Lot 14.25 ac (620,910 SF)
Zoning code A-2
APN 124-10-033A
UPID US07-1053615

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
  • Loan Service Bank
  • Tech Support Center (Bike/Boat/Book/etc) Store
  • Corporate Office
  • Atm

Location

148 48th St Phoenix, AZ 85034-1900
Phoenix metro Census 113800 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$75.31M
Blend (final) Blend
$75.31M

Owner & transaction history

since 2001
2 recorded transactions
2001
$188,900
1969
Price N/A

Zoning & alternative use

A-2 · Phoenix, AZ
Zoning description

The purpose of A-2 zone is to provide intensive use of property, open uses and storage, industrial processes which may involve significant amounts of heat, mechanical and chemical processing, large amounts of materials t…

General category INDUSTRIAL

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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