Financial
Distress signals
Property profile

2 59th Ave Phoenix, AZ 85043

OFF-MARKET
Distribution centers
Property ID
US07-2468320
40,000 SF 5.37 ac lot Built 1975
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This offering is commercial land with frontage along Baseline Road in the Southwest Valley, a corridor with documented traffic counts of 19,472 vehicles per day (as stated in the source). The Loop 202 Freeway expansion was projected to carry more than 190,000 vehicles per day once opened (as projected in the source), and the surrounding area has been described as experiencing significant residential growth, including 15,000 homes under construction at the time of the source description. The

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?
$107k
Tax billed · 2023
Assessed value · 2024$1.96M
Effective rate5.43%

Value estimate

· Sep 2026
$23.21M
$20.89M – $25.53M
Sales comparison$23.21M

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$328/SF
ZIP average, outlier-cleaned · 96 recorded sales of this use type
Observed band · Q1–Q3$147 – $580
Qualifying comparables20

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 agency16.9
Law Firm13.3
Restaurant12.5

Location

2 59th Ave Phoenix, AZ 85043-3501
County assessor Recorded deeds · not on file 20 qualifying comp sales Zoning catalog · not on file

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
240 48th, Phoenix, AZ 85043-3823 $10,407,208 Sep 2024 83,200 SF
841 71st, Phoenix, AZ 85043-4125 $5,200,000 May 2024 22,118 SF
5620 Lowr Buckeye, Phoenix, AZ 85043-7914 $37,500,000 Dec 2022 41,500 SF
1055 71st, Phoenix, AZ 85043-1301 $5,362,500 Jun 2022 33,150 SF
301 47th, Phoenix, AZ 85043 $24,800,000 Nov 2021 75,245 SF
1202 54th, Phoenix, AZ 85043-1709 $20,700,000 Sep 2021 49,874 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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