Property profile

222 Portland St Phoenix, AZ 85004

OFF-MARKET
Hotels
Property ID
US07-2652429
70,720 SF 0.37 ac lot Built 2019
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 2019
Construction CONCRETE
Total area 70,720 SF
Lot 0.37 ac (16,125 SF)
Zoning code DTC-W-EV
APN 111-36-064
UPID US07-2652429

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
  • Hotel & Motel
  • Bar & Pub
  • Restaurant
  • Restaurant

Location

222 Portland St Phoenix, AZ 85004-1878
Phoenix metro Census 113000 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$23.20M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$23.20M

Owner & transaction history

since 2024
Last sale
$23.2M
7 recorded transactions
2025
Price N/A
2024
$23.2M
2018
Price N/A
2018
$1.0M
2017
$750,000
2014
$535,000
2010
$210,000

Zoning & alternative use

DTC-W-EV · Phoenix, AZ
Zoning description

The primary intent of the Evans Churchill West character area is to serve as a transition between the mixed-use neighborhoods to the north and east, the Downtown Gateway Corridor to the west, and the Biomed Cluster to th…

General category MIXED_USE
Top alternative use upside
Restaurant $37.8M +2.5%

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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