Property profile

2320 Peoria Ave Phoenix, AZ 85029

OFF-MARKET
Office buildings
Property ID
US07-3280190
15,234 SF 6.98 ac lot Built 1987
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Construction CONCRETE
Total area 15,234 SF
Lot 6.98 ac (304,150 SF)
Zoning code A-1
APN 149-07-049
UPID US07-3280190

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
  • Laboratory Business To Business Service
  • Medical Clinic
  • Physician Medical Clinic
  • Restaurant
  • Pharmacy

Location

2320 Peoria Ave Phoenix, AZ 85029-4753
Phoenix metro Census 104401 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$17.85M
Blend (final) Blend
$9.47M

Owner & transaction history

since 2019
7 recorded transactions
2019
$9.5M
2014
$9.5M
2003
$9.1M
2001
$7.6M
1998
$9.9M
1998
$7.1M
1969
Price N/A

Zoning & alternative use

A-1 · Phoenix, AZ
Zoning description

The purpose of A-1 zone is to provide industrial uses designed to serve the needs of the community for industrial activity not offensive to nearby commercial and residential uses

General category INDUSTRIAL

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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