This fee-simple retail property comprises the land and building supporting a newly constructed, three-tenant pad. It is configured for three separate retail tenants under NNN-style occupancy, with each unit planned for an initial long-term commitment and extension options (including scheduled rent escalations upon the start of year 6 and at the commencement of each extension period), and with tenants responsible for reimbursements of property taxes, insurance, and CAM-related expenses per the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$25k

Tax billed · 2023

Assessed value · 2024$322k

Effective rate7.61%

Value estimate

· Nov 2026

$1.87M

$1.68M – $2.06M

Submarket $/SF estimate$2.10M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$255/SF

Submarket average, outlier-cleaned · 167 recorded sales of this use type

Observed band · Q1–Q3$117 – $460

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?

C-2

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 wid...

General categoryCOMMERCIAL

JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?

Best fit: Building Supply

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Building Supply25.9

Wholesale Shop22.0

Auto Parts Store21.3

2535 Central Ave Phoenix, AZ 85004-1336

County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file 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

3 recorded sales · 18 properties nearby

Address Sale price Sold Size

2825 Central, Phoenix, AZ 85004-1030 $2,900,000 Oct 2024 30,155 SF

530 Mcdowell, Phoenix, AZ 85004-1549 $7,125,000 Jun 2021 15,898 SF

214 Roosevelt, Phoenix, AZ 85004-1951 $3,525,000 Feb 2019 12,200 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

Value Estimation
$2,475,000

5,688 SF

921 5th St

SHOPPING CENTER, STRIP CENTER

921 5th St, Phoenix, AZ 85004

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Value Estimation
$765,000

3,400 SF

1002 2nd St

SHOPPING CENTER, STRIP CENTER

1002 2nd St, Phoenix, AZ 85004

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Value Estimation
$1,375,000

3,156 SF

909 1st St

SHOPPING CENTER, STRIP CENTER

909 1st St, Phoenix, AZ 85004-1902

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Value Estimation
$2,760,000

6,990 SF

801 2nd St

SHOPPING CENTER, STRIP CENTER

801 2nd St, Phoenix, AZ 85004-2075

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Value Estimation
$1,375,000

8,084 SF

102 Central Ave

SHOPPING CENTER, STRIP CENTER

102 Central Ave, Phoenix, AZ 85004-2307

View Details
Value Estimation
$2,540,000

12,200 SF

214 Roosevelt St

SHOPPING CENTER, STRIP CENTER

214 Roosevelt St, Phoenix, AZ 85004-1951

View Details

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