Property profile

24615 23rd Ave Phoenix, AZ 85085

OFF-MARKET
Auto shops
Property ID
US07-0859019
16,224 SF 1.88 ac lot Built 2021
Individually Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2021
Total area 16,224 SF
Lot 1.88 ac (82,008 SF)
APN 210-05-956
UPID US07-0859019

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
  • Auto Repair Shop
  • Corporate Office
  • Auto Repair Shop

Location

24615 23rd Ave Phoenix, AZ 85085-1601
Phoenix metro Census 612301 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.76M
Blend (final) Blend
$6.50M

Owner & transaction history

since 2022
Last sale
$7.3M
2 recorded transactions
2022
$7.3M
2021
$6.2M

Zoning & alternative use

Top alternative use upside
Restaurant $8.7M +26.4%

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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