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Financial
Distress signals
Property profile

1945 Van Buren St Phoenix, AZ 85006

OFF-MARKET
Grocery and convenience stores
Property ID
US07-1017813
2,800 SF 0.54 ac lot Built 1988
Last sale Jul 2021 · $500,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This two-story apartment building was constructed in 1952 and contains 17 studio apartments, as well as an on-site manager’s quarters and a front office. The interiors are currently vacant and would require renovation, with the property reflecting deferred maintenance and the need for a full remodel. The building is located near US 60/Grand Avenue, providing access to I-10, I-17, and Loop 202, and is approximately one mile west of downtown Phoenix with proximity to Phoenix Sky Harbor Airport.

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?
$10k
Tax billed · 2023
Assessed value · 2024$108k
Effective rate9.02%

Value estimate

· Oct 2026
$590k
$531k – $649k
Submarket $/SF estimate$1.17M

Realmo valuation models over county records.

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

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-3
The purpose C-3 zone is to provide to provide for the intensive commercial uses necessary to the proper development of the community
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 agency18.1
Hair Salon14.2
Law Firm13.7

Location

1945 Van Buren St Phoenix, AZ 85006-3755
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2302 12th, Phoenix, AZ 85006-1704 $1,500,000 Oct 2024 2,688 SF
1837 Mcdowell, Phoenix, AZ 85006-3052 $640,000 Dec 2023 2,423 SF
1601 Palm, Phoenix, AZ 85006-1928 $190,000 Nov 2023 3,118 SF
1101 7th, Phoenix, AZ 85006-2730 $2,021,000 Dec 2021 2,500 SF
1718 16th, Phoenix, AZ 85006-1903 $380,000 Aug 2021 2,300 SF
1203 Van Buren, Phoenix, AZ 85006 $175,000 Apr 2021 2,410 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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