Property profile

2024 7th St Phoenix, AZ 85006

OFF-MARKET
Office buildings
Property ID
US07-1037343
6,970 SF 0.03 ac lot Built 1981
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Construction CONCRETE
Total area 6,970 SF
Lot 0.03 ac (1,254 SF)
Zoning code C-1
APN 118-53-089
UPID US07-1037343

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
  • Gym & Fitness Center
  • Restaurant
  • Food Processing Plant
  • Medical Clinic Skin Care Clinic
  • Alternative Medicine Practice

Location

2024 7th St Phoenix, AZ 85006-2515
Phoenix metro Census 111800 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
$891k
Blend (final) Blend
$880k

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2018
Price N/A
2014
$615,000
2014
$525,000
1995
$202,600
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-1 · Phoenix, AZ
Zoning description

The purpose C-1 zone is to provide light neighborhood type retail and customer service uses designed to be compatible with each other and nearby residential districts

General category COMMERCIAL

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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