Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1802 64th St Phoenix, AZ 85008-3400

    • Specialty properties
    • 18,648 SF
    • 130.73 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-2013437
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Papago Sports Complex / Sports Complex
    • Southwest Wood Bat Classics / Baseball

    Property Details for 1802 64th St

    Year built
    1998
    Construction
    CONCRETE
    Lot size
    130.73 lot acres
    Property size
    18,648 SF
    Zone code
    R1-6
    Property type
    Specialty properties
    APN
    129-38-001C
    APU
    12938001C

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.948
    Latitude
    33.4695
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $0.00
    $11,743,160
    -
    $42,947,600
    $35,340,130
    $78,287,730

    Comparable in this City

    • Value Estimation by Request
      495 SF

      4220 Almeria Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 495 SF
      4220 Almeria Rd, Phoenix, AZ 85008-4022
      View Details
    • Value Estimation by Request
      1,523 SF

      1119 46th St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,523 SF
      1119 46th St, Phoenix, AZ 85008-5705
      View Details
    • Value Estimation by Request
      4,455 SF

      2121 44th St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 4,455 SF
      2121 44th St, Phoenix, AZ 85008-3224
      View Details
    • Value Estimation
      $4,340,000
      3,894 SF

      640 32nd St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 3,894 SF
      640 32nd St, Phoenix, AZ 85008-6295
      View Details
    • Value Estimation by Request
      4,953 SF

      4337 Mcdowell Rd

      CHARITABLE ORGANIZATION • 4,953 SF
      4337 Mcdowell Rd, Phoenix, AZ 85008
      View Details
    • Value Estimation by Request
      15,360 SF

      2645 24Th St

      Schools • 15,360 SF
      2645 24Th St, Phoenix, AZ 85008
      View Details

    Similar Nearby for Sale

    • $800,000
      4,100 SF

      Phoenix Adult Club Investment

      Established Bar, Liquor License, High Traffic
      2438 Mcdowell Rd, Phoenix, AZ 85008
      View Details
    • $1,500,000

      Phoenix Land Near Sky Harbor

      1.13 acre site with utilities and freeway access.
      2820 S 36Th St, Phoenix, AZ 85008
      View Details
    • $10,950,000

      Phoenix Multifamily Investment

      51-Unit Apartment Complex, East Phoenix
      1510 48Th St, Phoenix, AZ 85008
      View Details
    • $3,370,000
      14,995 SF

      Retail Property on McDowell Road

      Retail property with excellent frontage and accessibility.
      4315 W Mcdowell Rd, Phoenix, AZ 85008
      View Details
    • $1,100,000
      1,668 SF

      Arcadia Luxury Car Condo Project

      Versatile 1,668 sq ft units with personal warehousing and living space.
      2823 N 48Th St, Phoenix, AZ 85008
      View Details
    • $649,900

      Updated Triplex in Phoenix Location

      Updated triplex with strong rental versatility near Phoenix attractions.
      4832 E Willetta St, Phoenix, AZ 85008
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      16 SF

      Office Space Near Sky Harbor

      Two-story office project located near Sky Harbor Airport.
      2048 N 44Th St, Phoenix, AZ 85008
      View Details
    • $20 SF/Yr
      1,500 SF

      Office Space with Private Offices

      Office space featuring a break room and courtyard.
      3237 S 36Th St, Phoenix, AZ 85008
      View Details
    • $0.75 SF/Yr
      41,750 SF

      Industrial Space with Fenced Yard

      41,750 SF industrial space with fenced truck court.
      4650 W Van Buren St, Phoenix, AZ 85008
      View Details
    • $1.35 SF/Yr
      3,750 SF

      Industrial Space Available For Lease

      Industrial suite featuring grade level doors and truckwell access.
      4829 S 36Th St, Phoenix, AZ 85008
      View Details
    • $1.50 SF/Yr
      3,794 SF

      Industrial Space Available For Lease

      Industrial space featuring reception, office, conference room, and break room.
      3001 S 35Th St, Phoenix, AZ 85008
      View Details
    • Contact for pricing
      100,619 SF

      Phoenix Warehouse with Outside Storage

      Industrial warehouse with office space and outside storage available for lease.
      6121 W Van Buren St, Phoenix, AZ 85008
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1802 64th St
    Phoenix, AZ 85008-3400
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.