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Property profile & analytics

16448 40th St Phoenix, AZ 85032-3304

  • Office buildings
  • 3,144 SF
  • 0.28 lot acres
OFF-MARKET
Last Sale
Jan 25, 2023
$1,169,000
Value Estimations
$1,585,000
Show details
Cap Rate Potential
3.5%
Office buildings
Location Intelligence
Property ID
US07-0292628
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • the CK Group, Inc. / Civil Engineer / Land Surveyor
  • Accident Justice LAW PLC / Personal Injury Attorney / Law Firm

Property Details for 16448 40th St

Year built
2001
Construction
STEEL FRAME
Lot size
0.28 lot acres
Property size
3,144 SF
Zone code
R-O
Property type
Office buildings
APN
214-33-003A
APU
21433003A

Description

This exceptional Phoenix office building, situated on a desirable 0.28-acre corner lot at 16448 N 40TH Street, presents a unique investment opportunity. Priced at $1,300,000, this property boasts a thoughtfully designed floor plan ideal for a variety of professional uses. The interior features modern finishes and upgrades throughout, creating a sophisticated and efficient workspace. Nine generously sized private offices provide ample space for individual work or team collaboration. In addition to the private offices, there are open work areas perfect for a flexible and collaborative environment. A fully equipped kitchen, a dedicated conference room, and four restrooms ensure convenience and functionality. Energy-efficient LED lighting is installed throughout the building, contributing to both cost savings and environmental responsibility. A highlight of this property is the master suite office, complete with its own private full bathroom including a shower, and a private balcony offering a tranquil retreat. This turnkey office building is ready for immediate occupancy and presents a compelling opportunity for business owners seeking a high-quality, well-appointed space in a prime North Phoenix location. The property's excellent location and modern amenities make it an attractive option for businesses seeking a prestigious and functional office environment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,645,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,406,000
    Market price range: $529k - $1.41M
    AI Estimate
    $1,406,000
    Market price range: $529k - $1.41M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $2,190,000
    AUTO REPAIR, GARAGE
    $1,330,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Phoenix
County
Maricopa
State
Arizona
Longitude
-111.997
Latitude
33.6369
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,412
$0.00
$0.00
$113,091
-
$299,600
$385,800
$685,400
More about this property
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