Financial
Distress signals
Property profile

3008 3rd St Phoenix, AZ 85012

OFF-MARKET
Assisted living facilities
Property ID
US07-0155037
33,108 SF 1.8 ac lot Built 1975
Last sale Mar 2025 · $9,500,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 37,078 square foot medical office building, situated on a 1.8-acre lot in Phoenix, Arizona (APN 118-35-156), presents a unique owner-user investment opportunity. The Class B property, built in 1975 and extensively renovated in 2016, features 46 individual patient rooms with a potential for 92 beds with double occupancy. The building boasts a comprehensive array of amenities including a physical therapy center complete with a pool, and a full commercial kitchen. Zoned R-5,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$76k
Tax billed · 2023
Assessed value · 2024$1.47M
Effective rate5.21%

Value estimate

· Sep 2026
$3.39M
$3.05M – $3.72M
Sales comparison$10.83M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$227/SF
Submarket average, outlier-cleaned · 109 recorded sales of this use type
Observed band · Q1–Q3$132 – $327

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
P-1
It is intended that the P-1 District will provide necessary off-street parking in appropriate locations for nonresidential uses located n...
General categoryRESIDENTIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop11.1
Convenience Store10.8
Locksmith9.7

Location

3008 3rd St Phoenix, AZ 85012-3002
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file 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

2 recorded sales · 16 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5505 6th, Phoenix, AZ 85012-1308 $895,000 Nov 2022 4,311 SF
302 Maryland, Phoenix, AZ 85012-1128 $500,000 Mar 2022 4,892 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
4 properties of the same type nearby
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