Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

1606 University Dr Phoenix, AZ 85034

OFF-MARKET
Flex space
Property ID
US07-0397454
53,265 SF 3.74 ac lot Built 1998
Last sale May 2000 · $3,750,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Phoenix, Arizona property, located at 1606 E. University Dr #105, offers 6,815 square feet of immediately available space within a larger 24,282 square foot building. The space is ideally suited for businesses requiring a blend of office and warehouse functionality, fitting the needs of executive offices, distribution, or warehouse operations. Situated in the Sky Harbor Airport submarket of Maricopa County, this location provides unparalleled access to major transportation…

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?
$63k
Tax billed · 2023
Assessed value · 2024$1.11M
Effective rate5.67%

Value estimate

· Oct 2026
$10.76M
$9.68M – $11.83M
Submarket $/SF estimate$10.55M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$181/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$124 – $267
Qualifying comparables5

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?
A-2
The purpose of A-2 zone is to provide intensive use of property, open uses and storage, industrial processes which may involve significan...
General categoryINDUSTRIAL
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 agency9.1
Convenience Store8.8
Nail Salon8.6

Location

1606 University Dr Phoenix, AZ 85034-6714
County assessor Recorded deeds · 7 transfers 5 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
2435 10th, Phoenix, AZ 85034-6522 $8,884,750 Oct 2024 53,995 SF
834 Hammond, Phoenix, AZ 85034-6515 $8,615,250 Oct 2024 35,925 SF
2200 Magnolia, Phoenix, AZ 85034 $6,766,838 Apr 2024 44,439 SF
2655 Magnolia, Phoenix, AZ 85034-6902 $7,135,000 Mar 2024 34,662 SF
1900 Riverview, Phoenix, AZ 85034-6736 $7,725,000 Nov 2023 33,578 SF
3479 University, Phoenix, AZ 85034-7211 $5,900,000 Feb 2023 31,085 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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