Property profile

15846 Cave Crk Rd Phoenix, AZ 85032

OFF-MARKET
Strip malls
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Property ID
US07-1347597
15,680 SF 0.89 ac Built 1985
Last sale Feb 2023·$1,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property located at 15846 N Cave Creek Rd, Phoenix, Arizona 85032 is a retail building that was described as having a multi-tenant occupancy profile with approximately 80% of space leased at the time of the listing. The existing tenant leases were reported as being on modified gross terms for all tenants, and the property was also presented as having potential for converting portions of the lease structure toward NNN (net) arrangements. Specific building area, lot size, unit mix, and physical construction details were not provided in the source materials.

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 · 2022

What does the county charge?
$18k
Tax billed · 2022
Assessed value · 2024$202k
Effective rate8.95%

Value estimate

· Nov 2026
$1.77M
$1.59M – $1.95M
Submarket $/SF estimate$1.84M

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

Recently sold

What actually traded nearby?
$255/SF
Submarket average, outlier-cleaned · 167 recorded sales of this use type
Observed band · Q1–Q3$117 – $460
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?
C-2
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 wid...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency26.4
Law Firm24.9
Dental Office23.3

Location

15846 Cave Crk Rd Phoenix, AZ 85032-3544
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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2534 Greenway Rd, Phoenix, AZ 85032-4372 $800,000 May 2024 12,050 SF
16428 32nd, Phoenix, AZ 85032-3176 $1,800,000 Mar 2024 16,173 SF
2945 Bell, Phoenix, AZ 85032-1973 $3,000,000 Jan 2023 18,262 SF
16825 40th, Phoenix, AZ 85032 $6,750,000 Oct 2022 14,793 SF
18413 Cave Crk, Phoenix, AZ 85032-1044 $4,850,000 Sep 2022 16,024 SF
3216 Cactus, Phoenix, AZ 85032-7233 $1,500,000 Aug 2020 20,144 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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