Financial
Distress signals
Property profile

1915 N 16Th St Phoenix, AZ 85006

FOR SALE
Flex space
Property ID
US07-3401846
4,340 SF 0.14 ac lot Built 1940
Last sale Oct 2025 · $940,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional turnkey bakery opportunity is located at 1915 N 16th St, Phoenix, AZ 85006, within Maricopa County. The property, built in 1940, is zoned C-2 and offers immediate occupancy. Priced at $995,000, this retail space comes fully equipped for continued operation as a bakery. The sale includes extensive bakery furniture, fixtures, and equipment (FF&E), eliminating the need for significant upfront investment. Key features include commercial ovens, a walk-in freezer, and a walk-in

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$67k
Effective rate7.69%

Value estimate

· Sep 2026
$300k
$270k – $330k
Sales comparison$785k
NOI build-up
Gross scheduled income$94k
Vacancy & credit loss−$7k
Operating expenses−$22k
NOI · 6.50% cap applied$65k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$220/SF
Submarket average, outlier-cleaned · 486 recorded sales of this use type
Observed band · Q1–Q3$117 – $396
Qualifying comparables5

Cap rate analysis

How does the asset earn?
6.50%
$65k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.5
Bakery10.5
Tailor Shop9.4

Location

1915 N 16Th St Phoenix, AZ 85006
County assessor Recorded deeds · 7 transfers 5 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

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
735 Brill, Phoenix, AZ 85006-2512 $2,420,000 Feb 2021 14,077 SF
2225 Mcdowell, Phoenix, AZ 85006-2465 $1,400,000 Jun 2020 7,000 SF
1546 Mckinley, Phoenix, AZ 85006-3545 $720,000 Mar 2019 6,438 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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