Financial
Distress signals
Property profile

2424 21st St Phoenix, AZ 85034

OFF-MARKET
Other industrial properties
Property ID
US07-2167243
29,620 SF 2.3 ac lot Built 2001
Last sale Aug 2024 · $9,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a flex/industrial building totaling approximately 39,979 square feet, located in Phoenix, Arizona. It is configured as an industrial-flex space suitable for a range of light industrial, warehousing, and associated office or showroom uses.

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?
$72k
Tax billed · 2023
Assessed value · 2024$857k
Effective rate8.40%

Value estimate

· Sep 2026
$7.90M
$7.11M – $8.68M
Sales comparison$7.89M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$181/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$124 – $267
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
A-2
The purpose of A-2 zone is to provide intensive use of property, open uses and storage, industrial processes which may involve significan...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner8.2
Butcher8.1
Hair Salon8.0

Location

2424 21st St Phoenix, AZ 85034-6719
County assessor Recorded deeds · 7 transfers 6 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
1407 7th, Phoenix, AZ 85034 $7,513,826 Feb 2026 26,324 SF
3922 University, Phoenix, AZ 85034-7223 $20,850,000 Jan 2026 22,895 SF
716 7th, Phoenix, AZ 85034-3228 $13,500,000 Mar 2025 20,634 SF
2416 20th, Phoenix, AZ 85034 $4,790,000 Nov 2024 21,008 SF
834 Hammond, Phoenix, AZ 85034-6515 $8,615,250 Oct 2024 35,925 SF
2435 10th, Phoenix, AZ 85034-6522 $8,884,750 Oct 2024 53,995 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
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 2424 21st 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