Property profile

1850 Happy Vly Rd Phoenix, AZ 85085

OFF-MARKET
Grocery and convenience stores
Property ID
US07-2534434
4,551 SF 2.22 ac lot Built 2011
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2011
Construction STEEL FRAME
Total area 4,551 SF
Lot 2.22 ac (96,690 SF)
Zoning code C-2
APN 210-10-017H
UPID US07-2534434

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
  • Grocery & Convenience Store
  • Cinema (Bike/Boat/Book/etc) Store
  • Crypto Atm Atm
  • Postal Service Courier Service

Location

1850 Happy Vly Rd Phoenix, AZ 85085-0800
Phoenix metro Census 612301 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
$3.79M
Blend (final) Blend
$760k

Owner & transaction history

since 2015
4 recorded transactions
2015
Price N/A
2015
Price N/A
1969
Price N/A
1969
Price N/A

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
Top alternative use upside
Commercial (general) $3.2M +173.6%

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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