Property profile

3137 Charter Oak Rd Phoenix, AZ 85032

OFF-MARKET
Medical Office Space
Property ID
US07-1537892
2,600 SF 0.05 ac lot Built 1977
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1977
Construction CONCRETE
Total area 2,600 SF
Lot 0.05 ac (2,264 SF)
Zoning code C-O
APN 166-06-080
UPID US07-1537892

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3137 Charter Oak Rd Phoenix, AZ 85032
Phoenix metro Census 103502 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$554k
Blend (final) Blend
$545k

Owner & transaction history

since 2020
5 recorded transactions
2020
Price N/A
2011
$135,000
2009
$330,000
2005
Price N/A
1969
Price N/A

Zoning & alternative use

C-O · Phoenix, AZ
Zoning description

The purpose of C-O zone is intended to provide office use as an appropriate transition between intense commercial activities and nearby residential uses

General category COMMERCIAL
Top alternative use upside
Office building $785,000 +13.9%
Retail stores $730,000 +5.8%

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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