Property profile

175 1st Ave Phoenix, AZ 85003

OFF-MARKET
Parking lots & garages
Property ID
US07-2245872
114,786 SF 0.68 ac lot Built 1957
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1957
Construction CONCRETE
Total area 114,786 SF
Lot 0.68 ac (29,563 SF)
Zoning code C-DT
APN 112-24-216A
UPID US07-2245872

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
  • Parking Lot & Garage

Location

175 1st Ave Phoenix, AZ 85003
Phoenix metro Census 114100 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
$19.11M
Blend (final) Blend
$15.82M

Owner & transaction history

since 2023
Last sale
$13.5M
7 recorded transactions
2023
Price N/A
2023
$13.5M
2019
Price N/A
2019
$14.0M
2019
Price N/A
2015
$44.0M
1969
Price N/A

Zoning & alternative use

C-DT · Phoenix, AZ

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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