Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

3131 E Thunderbird Rd Phoenix, AZ 85032

FOR LEASE
Strip malls
Property ID
US07-2364268
27,255 SF 10.89 ac lot Built 1988
Last sale Jan 2025 · $22,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Mountainview Marketplace is an anchored community shopping center in an infill Phoenix location with strong freeway access. The center includes major tenants such as Vasa Fitness and Dollar Tree and has space configured for additional retail and service uses, including salon suites and educational or personal service-type occupants. Significant capital improvements were completed beginning in 2020, including roof replacements for approximately 90% of the gross leasable area, high-impact…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$218k
Tax billed · 2023
Assessed value · 2024$2.80M
Effective rate7.80%

Value estimate

· Oct 2026
$15.93M
$14.34M – $17.52M
Submarket $/SF estimate$12.54M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$255/SF
Submarket average, outlier-cleaned · 167 recorded sales of this use type
Observed band · Q1–Q3$117 – $460
Qualifying comparables3

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?
C-2
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 wid...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency57.5
Restaurant50.6
Building Supply41.8

Location

3131 E Thunderbird Rd Phoenix, AZ 85032
County assessor Recorded deeds · 7 transfers 3 qualifying comp sales 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16880 Cave Crk, Phoenix, AZ 85032-2506 $3,000,000 Jun 2024 35,250 SF
16428 32nd, Phoenix, AZ 85032-3176 $1,800,000 Mar 2024 16,173 SF
2945 Bell, Phoenix, AZ 85032-1973 $3,000,000 Jan 2023 18,262 SF
4626 Thunderbird, Phoenix, AZ 85032-5583 $4,425,000 Apr 2022 23,487 SF
3216 Cactus, Phoenix, AZ 85032-7233 $1,500,000 Aug 2020 20,144 SF
3222 Greenway, Phoenix, AZ 85032 $23,100,000 Sep 2019 27,762 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
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again