You are browsing as a guest. Register to access key data for free.
Property profile

2303 7th St Phoenix, AZ 85006

OFF-MARKET
Strip malls
Property ID
US07-1067485
10,075 SF 0.54 ac lot Built 1930
Entity Owned 26-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1930
Construction CONCRETE
Total area 10,075 SF
Lot 0.54 ac (23,331 SF)
Zoning code C-2
APN 117-30-137A
UPID US07-1067485

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
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.05M
Blend (final) Blend
$315k

Owner & transaction history

since 2000
5 recorded transactions
2000
$325,000
1996
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Phoenix, AZ
Zoning description

The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district

General category COMMERCIAL
Top alternative use upside
Office building $3.0M +17.9%
Medical building $2.7M +4.3%
Warehouse, storage $2.6M +2.0%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2303 7th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message