New search
Property profile & analytics
FOR LEASE
Investment properties
2625 E Greenway Pkwy, Phoenix, AZ 85032
Entity Owned
10-yr Hold
Free & Clear
Property ID
US07-2760989
For Lease
1 / 27
$500/Mo
2625 E Greenway Pkwy, Phoenix, AZ 85032
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2004
Construction
CONCRETE
Total area
25,944 SF
Lot
1.6 ac (69,783 SF)
Zoning code
C-2
APN
214-40-012F
UPID
US07-2760989
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Seydi’s Pupuseria & Grill Restaurant
-
MAYA MULTISERVICIOS Telecommunications Service General Contractor
-
Ceyla’s Creations Clothing & Fashion Store
-
AVA Barber & Beauty Barber Shop
-
AVA Eyebrow Threading Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$18.88M
Blend (final)
Blend
$17.00M
Owner & transaction history
Emerald Industries LLC · 10 yrs held
Emerald Industries LLC
since 2016
7 recorded transactions
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$17.00M
Range $15.30M – $18.69M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$655 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,558
Tax year 2023
Assessed value
$703,304
Assessed 2024
Previous assessed
$541,858
+29.8% YoY
Effective rate
3.49%
On assessed value
Land market value
$706,300
Improvement market value
$3,556,148
Total market value
$4,262,448
Applied tax rate
691,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
2004
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
25,944 SF
Lot
1.6 ac (69,783 SF)
Zoning code
C-2
APN
214-40-012F
UPID
US07-2760989
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZ
Zoning C-2 · permitted uses
C-2 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.6 ac
Current owner
From public records · entity-resolved
Emerald Industries LLC
Entity
Free & Clear · 10 yrs held
Mailing address
2625 E GREENWAY PKWY STE #213, PHOENIX, AZ 85032-4375
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2016
$1,517,500
Emerald Industries LLC
2625 Greenway Parkway LLC
Grant Deed
—
Apr 5, 2011
—
2625 Greenway Parkway LLC
Sterling Svgs Bk
Grant Deed
related
—
Mar 25, 2011
$700,000
2625 Greenway Parkway LLC
Sterling Svgs Bk
Grant Deed
—
Jan 6, 2009
$3,313,652
Sterling Svgs Bk
Baron Carol M
Trustees Deed
related
—
Nov 6, 2008
—
Christopher Stoller Pension
Fidai Investments LLC
Quit Claim Deed
related
—
Mar 3, 2006
$4,100,000
Fidai Investments LLC
H & W Properties INC
Warranty Deed
$3,624,629 · H&w Properties INC
Dec 2, 2002
$400,000
H & W Properties INC
Stauss,bear
Grant Deed
—
May 24, 2002
$50,000
Bear Stauss
Shelbrack Trust
Quit Claim Deed
related
—
May 19, 1995
$260,000
Richard M Shelbrack
Altman Estate
Grant Deed
$210,000 · Seller
Aug 2, 1994
$71,055
Gordon Darby INC
Altman
Grant Deed
—
—
—
Richard M Shelbrack
—
Deed Of Trust
related
—
—
—
Thomas J Digiambatista
—
Deed Of Trust
related
$249,500 · Wells Fargo Bank Arizona
—
—
Thomas J Digiambatista
—
Deed Of Trust
related
$249,500 · Wells Fargo Bank Arizona
—
—
H & W Properties INC
—
Deed Of Trust
related
$700,000 · Wells Fargo Bank
—
—
H & W Properties INC
—
Deed Of Trust
related
$700,000 · Wells Fargo Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
