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Property profile & analytics
OFF-MARKET
Office Spaces
3033 Central Ave, Phoenix, AZ 85012-2809
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-1978299
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Lot
2.01 ac (87,703 SF)
Zoning code
C-2
APN
118-35-144
UPID
US07-1978299
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Rai & Barone Pc Law Firm
-
Adelante Healthcare Corporate Office Corporate Office
-
Directed IRA Bank Credit Union
-
Burns, Nickerson & Taylor, PLC Law Firm Child Welfare Organization
-
Copper State Consulting Group Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Reinucorp LLC · 1 yrs held
Reinucorp LLC
since 2025
7 recorded transactions
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$83
Assessed 2024
Previous assessed
$85
-2.4% YoY
Land market value
$500
Total market value
$500
Applied tax rate
81,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Heating
NONE
Lot
2.01 ac (87,703 SF)
Zoning code
C-2
APN
118-35-144
UPID
US07-1978299
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZ
Zoning C-2 · permitted uses
C-2 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
2.01 ac
Current owner
From public records · entity-resolved
Reinucorp LLC
Entity
Free & Clear · 1 yrs held
Mailing address
44 MONTGOMERY ST STE #3300, SAN FRANCISCO, CA 94104-4806
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2025
—
3033 Central LLC
—
Deed
related
$2,056,000 · Midwest Regional Bank
Jun 16, 2025
$1,800,000
Reinucorp LLC
Arizona Freedom Center LLC
Special Warranty Deed
—
Sep 29, 2023
$600,000
Jolley Holding Company LLC
Onuschak Holdings LLC
Special Warranty Deed
$500,000 · Alerus Financial NA
Jun 12, 2023
$1,899,000
Arizona Freedom Center LLC
Cjr Investments LLC
Special Warranty Deed
$1,299,000 · Cjr Investments LLC
Feb 16, 2023
$362,500
3033 Central LLC
Grace Lane LLC
Special Warranty Deed
—
Jan 24, 2023
$1,200,000
Ltd LLC
Knh Capital LLC
Special Warranty Deed
—
Apr 25, 2022
$345,000
Encanto 54 LLC
Venitt Holdings LLC
Special Warranty Deed
$264,000 · Zb NA
Jan 20, 2022
$470,185
Phoenix Central Park Medical LP
Lumarc Properties LLC
Special Warranty Deed
—
May 28, 2021
$336,505
Von Design Holdings LLC
Grace Lane LLC
Special Warranty Deed
—
Sep 1, 2020
$1,125,000
3033 Ltd LLC
Real Estate Holdin Orchard
Grant Deed
—
Dec 20, 2019
$216,000
Phoenix Central Park Medica
Axis Projects Us Corp
Grant Deed
—
Oct 29, 2019
—
Knh Capital LLC
—
Deed
related
$275,000 · Bank Of The West
Apr 26, 2019
$238,000
Phoenix Central Park Medica
Gldl Holdings Of Arizona L
Grant Deed
—
Jun 29, 2018
$11,090,000
Standard Ins Co
Phoenix Ctrl Pk Medical LP
Grant Deed
—
Jun 29, 2018
—
Phoenix Ctrl Pk Medical LP
Earll Central LLC
Grant Deed
related
—
Jun 29, 2018
$8,384,000
Phoenix Ctrl Pk Medical LP
Earll Central LLC
Grant Deed
$11,090,000 · Miscellaneous Ins Co
Jun 29, 2018
$116,000
Axis Projects Us Corp
Earll Central LLC
Grant Deed
—
Mar 14, 2018
—
Grace Lane LLC
Svi Holdings LLC
Special Warranty Deed
—
Dec 15, 2016
—
Rai Investments LLC
Rai Investments LLC
Deed
related
$812,940 · Wells Fargo Bank NA
Nov 3, 2016
—
Copper State Consulting Group LLC
Stanley O Barnes JR
Deed
related
$744,000 · Wells Fargo Bank NA
Jul 14, 2016
—
Knh Capital LLC
—
Deed
related
$100,000 · Bank Of The West
Apr 18, 2006
—
Earll Central LLC
Owner Name Unavailable
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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