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19810 North 7Th Ave Phoenix, AZ 85027

Office buildings Google Maps
45,189 SF 3.87 ac lot Built 2000
Entity Owned Absentee Owner ~ Est. High Equity
19810 North 7Th Ave, Phoenix, AZ 85027 For Lease
$890,000 31,016 SF available
19810 North 7Th Ave, Phoenix, AZ 85027
View Listing →
Estimated value (blended)
$890k
Range $801k – $979k (±10%)
Property ID US07-3448529

Property summary

AI-generated overview

This exceptional investment opportunity presents a 45,189 square-foot, single-story office building in Phoenix, Arizona's desirable Deer Valley submarket. The property, built in 2001, sits on a 3.87-acre lot and boasts 230 parking spaces. Currently 100% occupied by two high-quality tenants, including a subsidiary of Blue Cross Blue Shield and L3 Communications (a tenant for approximately 21 years), this net-lease asset offers a compelling 7.35% cap rate and an asking price of $10,005,000. The building features modern office space with excellent freeway access and high visibility. Its location benefits from robust economic activity in the area, including significant recent investments and the proximity to a major new semiconductor manufacturing campus, promising continued growth and strong long-term value appreciation. The property's single-story design and size (between 30,000 and 50,000 square feet) align with current market trends showing lower vacancy rates compared to multi-story buildings in the Metro Phoenix area. The zoning is IND-PK. This is a rare opportunity to acquire a well-located, fully leased, and high-performing asset in a thriving market. The property's strong tenant base, coupled with its strategic location and favorable market conditions, makes it an ideal investment for those seeking stable income and long-term growth potential. The building's modern design and ample parking further enhance its appeal to tenants and investors alike. This is a truly exceptional opportunity to acquire a premier commercial property in one of Phoenix's most dynamic submarkets.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Construction CONCRETE
Total area 45,189 SF
Lot 3.87 ac (168,376 SF)
Zoning code IND.PK.
APN 209-13-981
UPID US07-3448529

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
  • Corporate Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.52M
Blend (final) Blend
$890k

Owner & transaction history

since 2026
7 recorded transactions
2026
$8.7M
2020
Price N/A
2018
Price N/A
2015
$41.8M
2012
Price N/A
2004
$20.0M
1969
Price N/A

Zoning & alternative use

IND.PK. · Phoenix, AZ
Top alternative use upside
Auto repair, garage $19.1M +13.8%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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