Property profile

2815 Northern Ave Phoenix, AZ 85051

OFF-MARKET
Day care centers
Property ID
US07-0808026
1,845 SF 0.26 ac lot Built 1960
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1960
Construction CONCRETE
Total area 1,845 SF
Lot 0.26 ac (11,250 SF)
Zoning code R-5
APN 151-01-007D
UPID US07-0808026

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2815 Northern Ave Phoenix, AZ 85051-6646
Phoenix metro Census 105900 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
$340k

Owner & transaction history

since 2021
7 recorded transactions
2021
$825,000
2020
$510,000
2019
$400,000
2018
$1.2M
2015
$160,000
1998
Price N/A
1969
Price N/A

Zoning & alternative use

R-5 · Phoenix, AZ
Zoning description

The purpose of R-5 is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes

General category COMMERCIAL

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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