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Financial
Distress signals
Property profile

18402 19th Ave Phoenix, AZ 85023

OFF-MARKET
Strip malls
Property ID
US07-1196796
10,000 SF 8.4 ac lot Built 1976
Last sale Aug 2018 · $15,227,435
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Union Plaza, a thriving grocery-anchored shopping center in Phoenix, Arizona, presents a prime retail opportunity. This 98,701 square foot center, built in 1977 and renovated in 2007, boasts a strong tenant mix including a 56,594 square foot Fry's Food & Drug as its anchor. Additional national tenants such as Ace Hardware, Great Clips, Little Caesar's Pizza, H&R Block, and Cricket Wireless contribute to a robust and stable occupancy. Currently, 5,700 square feet of retail space is available,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$127k
Tax billed · 2023
Assessed value · 2024$1.67M
Effective rate7.61%

Value estimate

· Oct 2026
$4.36M
$3.92M – $4.79M
Submarket $/SF estimate$4.60M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$255/SF
Submarket average, outlier-cleaned · 167 recorded sales of this use type
Observed band · Q1–Q3$117 – $460
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
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 wid...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center10.9
Pawn Shop10.9
Acupuncture9.5

Location

18402 19th Ave Phoenix, AZ 85023-1361
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1920 Thunderbird, Phoenix, AZ 85023-6311 $1,600,000 Oct 2024 18,480 SF
1855 Greenway, Phoenix, AZ 85023-3475 $2,100,000 Dec 2022 2,440 SF
1818 Bell, Phoenix, AZ 85023-3426 $6,045,000 Apr 2022 71,050 SF
1744 Bell, Phoenix, AZ 85023-3414 $2,300,000 Sep 2021 13,771 SF
1838 Bell, Phoenix, AZ 85023-3480 $5,778,000 Jul 2020 17,365 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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