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Property profile

3051 45th St Phoenix, AZ 85040

OFF-MARKET
Industrial properties
Property ID
US07-1582138
View Sample
5,048 SF 0.86 ac lot Built 1981
Entity Owned 21-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1981
Total area 5,048 SF
Lot 0.86 ac (37,451 SF)
Zoning code A-1
APN 124-52-009B
UPID US07-1582138

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
  • Training Center
  • Construction Company General Contractor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$1.23M

Owner & transaction history

since 2005
3 recorded transactions
2021
Price N/A
2005
$650,000
1969
Price N/A

Zoning & alternative use

A-1 · Phoenix, AZ
Zoning description

The purpose of A-1 zone is to provide industrial uses designed to serve the needs of the community for industrial activity not offensive to nearby commercial and residential uses

General category INDUSTRIAL
Top alternative use upside
Retail stores $1.5M +21.3%
Warehouse, storage $1.4M +9.6%
Medical building $1.3M +8.0%

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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