Technical
Financial
Distress signals
Property profile

2949 Bell Rd Phoenix, AZ 85053

OFF-MARKET
Schools
Property ID
US07-1543538
32,700 SF 1.05 ac lot Built 1984
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Schools
Use group COLLEGE, UNIVERSITY, VOC SCHOOL
Year built 1984
Construction CONCRETE
Total area 32,700 SF
Lot 1.05 ac (45,782 SF)
Zoning code C-2
APN 207-39-003T
UPID US07-1543538

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
  • Barber Shop
  • Loan Service
  • Insurance Agency

Location

2949 Bell Rd Phoenix, AZ 85053-3081
Phoenix metro Census 104207 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
$11.98M
Blend (final) Blend
$7.57M

Owner & transaction history

since 2018
5 recorded transactions
2023
Price N/A
2018
$7.6M
2005
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Phoenix, AZ
Zoning description

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 wide range of types of commercial activity within the district

General category COMMERCIAL
Top alternative use upside
Restaurant $17.5M +85.7%
Auto repair, garage $13.8M +46.9%
Office building $9.8M +4.4%

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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