Property profile

16825 40th St Phoenix, AZ 85032

OFF-MARKET
Strip malls
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Property ID
US07-0631421
14,793 SF 1.83 ac Built 1985
Last sale Oct 2022·$6,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$51k
Tax billed · 2023
Assessed value · 2024$716k
Effective rate7.10%

Value estimate

· Nov 2026
$6.18M
$5.56M – $6.80M
Submarket $/SF estimate$5.95M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$255/SF
Submarket average, outlier-cleaned · 167 recorded sales of this use type
Observed band · Q1–Q3$117 – $460
Qualifying comparables4

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency28.5
Law Firm27.1
Hair Salon24.9

Location

16825 40th St Phoenix, AZ 85032
County assessor Recorded deeds · 8 transfers 4 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2534 Greenway Rd, Phoenix, AZ 85032-4372 $800,000 May 2024 12,050 SF
16428 32nd, Phoenix, AZ 85032-3176 $1,800,000 Mar 2024 16,173 SF
15846 Cave Crk, Phoenix, AZ 85032-3544 $1,800,000 Feb 2023 15,680 SF
2945 Bell, Phoenix, AZ 85032-1973 $3,000,000 Jan 2023 18,262 SF
15810 Cave Crk, Phoenix, AZ 85032-3533 $1,275,000 Oct 2022 11,400 SF
18413 Cave Crk, Phoenix, AZ 85032-1044 $4,850,000 Sep 2022 16,024 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
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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