Financial
Distress signals
Property profile

2250 W Peoria Ave Phoenix, AZ 85029

FOR LEASE
Office buildings
Property ID
US07-0045966
51,420 SF 4.28 ac lot Built 1977
Last sale Oct 2021 · $11,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an industrial/manufacturing facility in Phoenix, Arizona, consisting of a 72,072 square-foot building originally constructed in 1957 and renovated in 2020. The site is positioned in an area with access to major transportation routes, supporting logistics and industrial use. The surrounding vicinity includes nearby destinations such as Metrocenter Mall, Deer Valley Rock Art Center, and North Mountain Park, with local services and labor resources that align with industrial and manufacturing operations.

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?
$78k
Tax billed · 2023
Assessed value · 2024$916k
Effective rate8.52%

Value estimate

· Sep 2026
$15.50M
$13.95M – $17.05M
CAP approach$14.45M
Sales comparison$17.90M
NOI build-up
Gross scheduled income$734k
Vacancy & credit loss−$87k
Operating expenses−$194k
NOI · 60,387,200.00% cap applied$453k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$629/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$192 – $1,172
Qualifying comparables5

Cap rate analysis

How does the asset earn?
60,387,200.00%
$453k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CP/GCP
The most flexible option provides for a broad range of manufacturing, warehousing, distribution and supportive retail sales and services
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office20.1
Spa & Massage16.6
Realty agency16.4

Location

2250 W Peoria Ave Phoenix, AZ 85029
County assessor Recorded deeds · 6 transfers 5 qualifying comp sales Zoning catalog

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
2101 Peoria, Phoenix, AZ 85029-4934 $11,200,000 Oct 2022 62,588 SF
11024 28th, Phoenix, AZ 85029-4377 $11,500,000 Feb 2022 55,928 SF
11048 23rd, Phoenix, AZ 85029-4818 $33,510,000 Jan 2022 33,882 SF
11226 23rd, Phoenix, AZ 85029-4830 $33,510,000 Jan 2022 33,694 SF
11049 23rd, Phoenix, AZ 85029-4749 $33,510,000 Jan 2022 29,220 SF
2265 Desert Cv, Phoenix, AZ 85029-4931 $5,595,000 Nov 2021 40,381 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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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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