Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    2330 Mcdowell Rd Phoenix, AZ 85006-2487
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2330 Mcdowell Rd Phoenix, AZ 85006-2487

    View on Map
    • Office buildings
    • 1,712 SF
    • 0.35 lot acres
    Off-Market
    Property ID
    US07-2464832
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $900,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Arizona Window Coverings Center / (Bike/Boat/Book/etc) Store / Home Decor Store
    • Deseo A Coffee Shack / Cafe & Coffee Shop
    • Long Dog Plant Co / Garden Center / Landscaping
    • United Garage Door Repair / Building Supply / General Contractor

    Property Details for 2330 Mcdowell Rd

    Year built
    1929
    Construction
    CONCRETE
    Lot size
    0.35 lot acres
    Property size
    1,712 SF
    Zone code
    C-2
    Property type
    Office buildings
    APN
    117-10-089B
    APU
    11710089B

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $903,000
      Market price range: $219k - $903k
      AI Estimate
      $895,000
      Market price range: $214k - $895k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,190,000
      AUTO REPAIR, GARAGE
      $725,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.031
    Latitude
    33.4662
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,569
    $0.00
    $0.00
    $108,151
    -
    $398,100
    $257,360
    $655,460

    Comparable in this City

    • Value Estimation
      $880,000
      6,970 SF

      2024 7th St

      OFFICE BUILDING • 6,970 SF
      2024 7th St, Phoenix, AZ 85006-2515
      View Details
    • Value Estimation
      $775,000
      4,966 SF

      1405 Mcdowell Rd

      OFFICE BUILDING • 4,966 SF
      1405 Mcdowell Rd, Phoenix, AZ 85006-2938
      View Details
    • Value Estimation
      $580,000
      2,691 SF

      2144 Roosevelt St

      OFFICE BUILDING • 2,691 SF
      2144 Roosevelt St, Phoenix, AZ 85006-3830
      View Details
    • Value Estimation
      $1,525,000
      12,088 SF

      2701 16th St Ste, Unit 212

      OFFICE BUILDING • 12,088 SF
      2701 16th St Ste, Phoenix, AZ 85006-1265
      View Details
    • Value Estimation
      $2,965,000
      23,473 SF

      2701 16th St, Unit 320

      OFFICE BUILDING • 23,473 SF
      2701 16th St, Phoenix, AZ 85006-1263
      View Details
    • Value Estimation
      $1,475,000
      2,832 SF

      1110 Mcdowell Rd

      OFFICE BUILDING • 2,832 SF
      1110 Mcdowell Rd, Phoenix, AZ 85006-2611
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Renovated Historic Phoenix Office Building

      Meticulously renovated 13,284 SF office building in a strategic Phoenix location.
      1622 North 11Th St, Phoenix, AZ 85006
      View Details
    • Contact for pricing
      15,668 SF

      Office Campus Portfolio For Sale

      Three-building office campus with abundant parking and freeway access.
      2013 N 7Th St, Phoenix, AZ 85006
      View Details
    • Contact for pricing
      27,846 SF

      Phoenix Office Building For Sale

      Office building with strong occupancy near Downtown Phoenix.
      4201 N 16Th St, Phoenix, AZ 85006
      View Details
    • Contact for pricing
      2,354 SF

      Renovated Medical/Professional Office Condominiums

      Multi-tenant office building near Phoenix Sky Harbor Airport.
      4801 E Mcdowell Rd, Phoenix, AZ 85006
      View Details
    • $695,000
      2,691 SF

      Versatile Commercial Property with Yard

      Two buildings with yard space suitable for various commercial uses.
      2144 E Roosevelt St, Phoenix, AZ 85006
      View Details
    • Contact for pricing
      2,410 SF

      Phoenix Owner/User Opportunity

      2,410 SF commercial space suitable for owner/user.
      1201 E Van Buren St, Phoenix, AZ 85006
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      13,244 SF

      Four-Story Office Building with Parking

      79,247 SF office building with parking garage and I-10 visibility.
      1331 N 7Th St, Phoenix, AZ 85006
      View Details
    • $19 SF/Yr

      Phoenix Office Building For Lease

      Three-story office building with modern design and convenient highway access.
      1301 E Almeria Rd, Phoenix, AZ 85006
      View Details
    • Contact for pricing
      1,850 SF

      Freestanding Medical Building For Lease

      Medical office suite available in high-visibility Phoenix location.
      7137 N 7Th St, Phoenix, AZ 85006
      View Details
    • $14 SF/Yr
      42,261 SF

      Professional Office Space For Lease

      Professional office space with I-10 access and underground parking.
      1601 N 7Th St, Phoenix, AZ 85006
      View Details
    • Contact for pricing

      McDowell Medical Center Office Space

      Medical office space near Banner University Medical Center.
      1010 E Mcdowell Rd, Phoenix, AZ 85006
      View Details
    • Contact for pricing
      2,476 SF

      Turn Key Office Space

      Office space with frontage on McDowell Road near freeways.
      1633-1635 E Mcdowell Rd, Phoenix, AZ 85006
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2330 Mcdowell Rd
    Phoenix, AZ 85006-2487
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!