Property profile

16623 Laser Dr Fountain Hills, AZ 85268

OFF-MARKET
Distribution centers
Property ID
US07-1421686
3,736 SF 0.95 ac lot Built 1997
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1997
Construction CONCRETE
Total area 3,736 SF
Lot 0.95 ac (41,467 SF)
Zoning code IND-2
APN 176-09-357
UPID US07-1421686

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
  • General Contractor Construction Company

Location

16623 Laser Dr Fountain Hills, AZ 85268-6657
Fountain Hills metro Census 216821 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
$1.12M
Blend (final) Blend
$425k

Owner & transaction history

since 2015
4 recorded transactions
2015
$340,000
1995
$75,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IND-2 · Fountain Hills, AZ
Zoning description

The principal purpose of IND-2 zone is to provide for light industrial uses in locations which are suitable and appropriate, taking into consideration the land uses on adjacent or nearby properties, access to a major str…

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $1.8M +218.0%
Retail stores $1.7M +199.5%
Auto repair, garage $1.5M +167.9%

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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