Property profile

1656 Tierra Buena Ln Phoenix, AZ 85023

OFF-MARKET
Other commercial real estate
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Property ID
US07-1130550
3,324 SF 19.31 ac Built 1976
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This property is a land parcel located in Phoenix, Arizona. The site is currently improved with a mobile home park, and the property is configured to support residential occupancy as it exists today; it would require closure and removal of the mobile home park uses to transition the land to an alternative site plan. The transaction includes a feasibility period during which the buyer must submit an intended site plan, indicating that the future development would be planned through a submitted site plan process.

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?
$41k
Tax billed · 2023
Assessed value · 2024$593k
Effective rate6.91%

Value estimate

· Nov 2026
$4.59M
$4.13M – $5.05M
Submarket $/SF estimate$4.42M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$696/SF
Submarket average, outlier-cleaned · 344 recorded sales of this use type
Observed band · Q1–Q3$175 – $1,330
Qualifying comparables6

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.3
Realty agency17.0
Hair Salon11.7

Location

1656 Tierra Buena Ln Phoenix, AZ 85023-3422
County assessor Recorded deeds · not on file 6 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Phoenix, AZ 85023 $217,704 Sep 2022 No data
1625 Bell, Phoenix, AZ 85023-3469 $6,750,000 Jul 2022 4,752 SF
18041 25th, Phoenix, AZ 85023-1246 $15,930,000 Nov 2021 No data
18001 25th, Phoenix, AZ 85023-1246 $15,930,000 Nov 2021 No data
18031 25th, Phoenix, AZ 85023-1246 $15,930,000 Nov 2021 No data
17027 21st, Phoenix, AZ 85023 $4,770,000 Nov 2020 800 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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