Property profile

1820 Thunderbird Rd Phoenix, AZ 85023

OFF-MARKET
Strip malls
Property ID
US07-1021911
9,800 SF 0.58 ac lot Built 1981
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1981
Construction CONCRETE
Total area 9,800 SF
Lot 0.58 ac (25,221 SF)
Zoning code C-2
APN 208-16-001N
UPID US07-1021911

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
  • Alternative Medicine Practice Spa & Massage Center
  • Kennel & Boarding Facility
  • Dental Office
  • Hardware & Home Improvement
  • Dental Office

Location

1820 Thunderbird Rd Phoenix, AZ 85023-6300
Phoenix metro Census 103605 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$1.14M

Owner & transaction history

since 2016
7 recorded transactions
2018
Price N/A
2018
Price N/A
2016
$1.1M
2002
Price N/A
1997
Price N/A
1995
Price N/A
1991
$300,000

Zoning & alternative use

C-2 · Phoenix, AZ
Zoning description

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 wide range of types of commercial activity within the district

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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