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Property profile & analytics
FOR LEASE
Office buildings
201 E Washington St Phoenix, AZ 85004
Entity Owned
3-yr Hold
Free & Clear
Property ID
US07-0008257
For Lease
1 / 2
$37 SF/Yr
201 E Washington St, Phoenix, AZ 85004
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2022
Total area
45,682 SF
Lot
0.82 ac (35,891 SF)
APN
112-21-974B
UPID
US07-0008257
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
FedEx Office Print & Ship Center Courier Service Postal Service
-
Sherman & Howard: Wright Michael W Law Firm
-
Hunter Kevin G Law Firm
-
Mancuso's Restaurant Restaurant
-
Taco Bell Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Xsc Phoenix Investment 2 0 LLC · 3 yrs held
Xsc Phoenix Investment 2 0 LLC
since 2022
Last sale
$4.8M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,871
Tax year 2023
Assessed value
$1,832,874
Assessed 2024
Effective rate
0.65%
On assessed value
Land market value
$3,418,300
Improvement market value
$8,800,860
Total market value
$12,219,160
Applied tax rate
11,301.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2022
Buildings
6
Stories
2
Total area
45,682 SF
Lot
0.82 ac (35,891 SF)
APN
112-21-974B
UPID
US07-0008257
Jurisdiction
MARICOPA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2022
Stories
2
Buildings
6
Lot
0.82 ac
Current owner
From public records · entity-resolved
Xsc Phoenix Investment 2 0 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
201 W WASHINGTON ST, PHOENIX, AZ 85003-2201
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2022
$4,758,442
Xsc Phoenix Investment 2 0 LLC
Xsc Phoenix Investment LLC
Special Warranty Deed
—
Nov 10, 2022
—
City Of Phoenix
Xsc Phoenix Investment 2 0 LLC
Special Warranty Deed
—
Sep 8, 2022
—
City Of Phoenix
Xsc Phoenix Investment LLC
Special Warranty Deed
$128,000,000 · Cmtg Funding II LLC
Apr 29, 2022
—
Cwa Jefferson LLC
—
Deed
related
$147,000,000 · Cmft Re Lending Sub Mm LLC
Aug 12, 2019
—
Phx 24 Jefferson Street Invtrs
—
Grant Deed
related
$101,000,000 · Cim Real Est Credit LLC
May 1, 2017
—
Collier Center Pt LLC
—
Grant Deed
related
$144,500,000 · Athene Annuity & Life Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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