Technical
Financial
Distress signals
Property profile

2929 16th St Phoenix, AZ 85016

OFF-MARKET
Bars & Pubs
Property ID
US07-0653489
4,700 SF 0.31 ac lot Built 1975
Individually Owned 15-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1975
Construction CONCRETE
Total area 4,700 SF
Lot 0.31 ac (13,658 SF)
Zoning code C-C
APN 119-33-055
UPID US07-0653489

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
  • Electronics & Wireless Store
  • Building Supply Electrical Service
  • Electronics & Wireless Store Computer & Electronic Repair

Location

2929 16th St Phoenix, AZ 85016-7650
Phoenix metro Census 110701 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
$1.22M
Blend (final) Blend
$390k

Owner & transaction history

since 2010
7 recorded transactions
2010
$200,000
2009
$181,485
2007
$1.1M
2007
Price N/A
1995
$190,000
1994
Price N/A
1993
$67,317

Zoning & alternative use

C-C · Phoenix, AZ

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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