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Property profile & analytics
OFF-MARKET
Commercial real estate
3279 Camelback Rd Phoenix, AZ 85018
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US07-3245977
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
2.58 ac (112,254 SF)
Zoning code
P-1
APN
170-20-050
UPID
US07-3245977
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
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
Talon1 Properties LLC · 8 yrs held
Talon1 Properties LLC
since 2017
7 recorded transactions
Zoning & alternative use
P-1 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is intended that the P-1 District will provide necessary off-street parking in appropriate locations for nonresidential uses located near residential districts
Zone name
Passenger Automobile Parking
General category
RESIDENTIAL
Zone area
318.48 ac
Source
Realmo
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
Tax billed
$74,216
Tax year 2023
Assessed value
$1,074,794
Assessed 2024
Previous assessed
$900,167
+19.4% YoY
Effective rate
6.91%
On assessed value
Land market value
$6,513,900
Total market value
$6,513,900
Applied tax rate
141,300.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
2.58 ac (112,254 SF)
Zoning code
P-1
APN
170-20-050
UPID
US07-3245977
Jurisdiction
MARICOPA
Zoning & alternative use
P-1 · Phoenix, AZZoning P-1 · permitted uses
P-1 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is intended that the P-1 District will provide necessary off-street parking in appropriate locations for nonresidential uses located near residential districts
Zone name
Passenger Automobile Parking
General category
RESIDENTIAL
Zone area
318.48 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
2.58 ac
Current owner
From public records · entity-resolved
Talon1 Properties LLC
Entity
Mailing address
8216 N 14TH ST, PHOENIX, AZ 85020-3890
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2023
—
Talon1properties LLC
—
Deed
related
$4,500,000 · Bmo Harris Bank NA
Mar 15, 2018
—
Talon1properties LLC
—
Grant Deed
related
$3,500,000 · Northern Tr
Dec 19, 2017
$21,250,000
Talon1 Properties LLC
Fenway Xii LLC
Trustees Deed
$5,164,400 · Northern Tr
Sep 25, 2013
$12,000,000
Fenway Xii LLC
3333 E Camelback Road LLC
Grant Deed
$9,070,000 · A10 Capital LLC
Apr 7, 2000
$10,000,000
E Camelback Rd 3333
New Camelback Partners LP
Grant Deed
—
Mar 3, 1997
$9,500,000
Camelback Partners L P New
3333 W Camelback L L C
Grant Deed
$7,350,000 · State Street Bank & Trust
May 27, 1994
$6,000,000
East Camelback L L C 3333
Spikia USA INC
Grant Deed
—
May 16, 1994
—
Spikia USA
Real Estate Coll
Quit Claim Deed
related
—
Oct 31, 1989
—
S P I K I A-u
Security Pacific
Grant Deed
related
—
Jun 12, 1989
—
Camelback
—
Deed Of Trust
related
—
—
—
Fenway Xii LLC
—
Deed Of Trust
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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