Property profile

1626 24th St Phoenix, AZ 85008

OFF-MARKET
Office Spaces
Property ID
US07-0637098
9,195 SF 0.91 ac lot Built 1997
Entity Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1997
Construction CONCRETE
Total area 9,195 SF
Lot 0.91 ac (39,478 SF)
Zoning code R-5
APN 117-10-087
UPID US07-0637098

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1626 24th St Phoenix, AZ 85008-3504
Phoenix metro Census 111601 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$10.01M
Blend (final) Blend
$230k

Owner & transaction history

since 2013
2 recorded transactions
2013
Price N/A
1997
$270,049

Zoning & alternative use

R-5 · Phoenix, AZ
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

General category COMMERCIAL

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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