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    Property profile & analytics
    OFF-MARKET Estimated value $2,700,000
    Banks

    1802 Camelback Rd, Phoenix, AZ 85016-4108

    1,638 SF 0.69 ac lot Built 1987
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US07-0629854
    Property summary
    AI-generated overview

    This exceptional single-tenant retail property, located at 1802 E Camelback Rd in Phoenix, Arizona, presents a significant investment opportunity. The building, constructed in 1987, boasts a total of 1,638 square feet situated on a 0.69-acre lot. The property's strategic location at the northeast corner of Camelback Road and 18th Street offers unparalleled visibility and accessibility, making it ideal for a variety of retail businesses. Currently, there is a significant amount of vacant space available, totaling 30,013 square feet, presenting a unique chance for expansion or redevelopment. The property is classified as commercial retail and is situated in Maricopa County, Arizona, with a zip code of 85016. This property's size and location in a high-traffic area make it an attractive prospect for businesses seeking a prominent presence in a thriving Phoenix market. The substantial vacant square footage offers flexibility for a variety of uses, allowing for customization to suit a tenant's specific needs. The property's existing structure provides a solid foundation for immediate occupancy or future development plans. This is a rare opportunity to acquire a well-positioned retail property in a prime Phoenix location. The substantial vacant land offers significant potential for expansion or redevelopment, catering to a wide range of business ventures.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1987
    Construction CONCRETE
    Total area 1,638 SF
    Lot 0.69 ac (30,013 SF)
    Zoning code C-C
    APN 164-56-004B
    UPID US07-0629854
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Lucky Star Massage SPA Alternative Medicine Practice Spa & Massage Center
    • Lucky Star Massage Alternative Medicine Practice Spa & Massage Center
    • PNC ATM Atm
    • PNC Bank Drive Up Bank Loan Service
    • Asian Massage | Lucky Star Alternative Medicine Practice Spa & Massage Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.70M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.70M
    Owner & transaction history
    Dlh 1802 E Camelback LLC · 2 yrs held
    Dlh 1802 E Camelback LLC
    since 2024
    Last sale
    $2.7M
    3 recorded transactions
    2024
    $2.7M
    2000
    $1.5M
    1997
    $500,000
    Zoning & alternative use
    C-C · Phoenix, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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