Property profile

1919 Thomas Rd Phoenix, AZ 85016

OFF-MARKET
Hospitals
Property ID
US07-1578007
14,200 SF 18.66 ac lot Built 1970
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hospitals
Use group HOSPITAL - PRIVATE
Year built 1970
Construction CONCRETE
Total area 14,200 SF
Lot 18.66 ac (812,744 SF)
Zoning code C-2
APN 117-03-061
UPID US07-1578007

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
  • Physician
  • Hospital
  • Medical Clinic
  • Pediatrician Medical Clinic
  • Pediatrician

Location

1919 Thomas Rd Phoenix, AZ 85016-7710
Phoenix metro Census 111602 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
$5.60M
Blend (final) Blend
$5.55M

Owner & transaction history

since 2014
3 recorded transactions
2014
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
Restaurant $7.6M +101.2%
Auto repair, garage $6.0M +59.2%
Retail stores $3.9M +4.4%

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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