Financial
Distress signals
Property profile

2815 W Carefree Hwy Phoenix, AZ 85085

FOR SALE
Strip malls
Property ID
US07-1374535
5,020 SF 1.96 ac lot Built 2006
Last sale Sep 2018 · $5,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Suite 113 at 2815 W Carefree Highway is a retail unit located within a C-2-zoned retail center in Phoenix, Arizona. The center was built in 2006 and provides frontage along Carefree Highway with access to I-17. The unit is configured as retail space and is suitable for a range of uses such as retail, boutique, service-oriented concepts, and related medical/beauty/specialty uses, subject to applicable regulations. The center includes parking and supports convenient vehicle ingress and egress,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$40k
Tax billed · 2023
Assessed value · 2024$665k
Effective rate5.95%

Value estimate

· Sep 2026
$545k
$491k – $600k
Submarket $/SF estimate$2.31M
NOI build-up
Gross scheduled income$256k
Vacancy & credit loss−$26k
Operating expenses−$69k
NOI · 5,109.30% cap applied$161k

Realmo valuation models over county records and 13 qualifying comparable sales.

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
Qualifying comparables13

Cap rate analysis

How does the asset earn?
5,109.30%
$161k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop17.4
Building Supply16.8
Law Firm14.4

Location

2815 W Carefree Hwy Phoenix, AZ 85085
County assessor Recorded deeds · 6 transfers 13 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

1 recorded sale · 18 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
1565 Happy Vly, Phoenix, AZ 85085-1834 $2,000,000 Oct 2019 21,280 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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