Property profile

1724 1st Ave Phoenix, AZ 85003

OFF-MARKET
Auto shops
Property ID
US07-2659921
3,300 SF 0.16 ac lot Built 1969
Individually Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1969
Construction STEEL FRAME
Total area 3,300 SF
Lot 0.16 ac (7,006 SF)
Zoning code C-3
APN 112-38-009
UPID US07-2659921

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1724 1st Ave Phoenix, AZ 85003-2839
Phoenix metro Census 114900 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$621k
Blend (final) Blend
$110k

Owner & transaction history

since 2014
7 recorded transactions
2014
Price N/A
2012
Price N/A
2008
$78,750
2004
$175,000
2000
Price N/A
1997
$905,000
1993
$193,000

Zoning & alternative use

C-3 · Phoenix, AZ
Zoning description

The purpose C-3 zone is to provide to provide for the intensive commercial uses necessary to the proper development of the community

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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