Property profile

16428 32nd St Phoenix, AZ 85032

OFF-MARKET
Strip malls
Property ID
US07-0988739
16,173 SF 1.12 ac lot Built 1986
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Construction CONCRETE
Total area 16,173 SF
Lot 1.12 ac (48,805 SF)
Zoning code C-2
APN 214-31-014B
UPID US07-0988739

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
  • Hair Salon Nail Salon
  • Tax Preparation
  • (Bike/Boat/Book/etc) Store
  • Marketing & Advertising Advertising Agency
  • Distribution Center Logistics Company

Location

16428 32nd St Phoenix, AZ 85032-3176
Phoenix metro Census 103304 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.80M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.42M
Blend (final) Blend
$1.80M

Owner & transaction history

since 2024
Last sale
$1.8M
7 recorded transactions
2024
$1.8M
2017
$1.4M
2017
Price N/A
2006
Price N/A
1995
$425,000
1993
$730,000
1969
Price N/A

Zoning & alternative use

C-2 · Phoenix, AZ
Zoning description

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 wide range of types of commercial activity within the district

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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