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Financial
Distress signals
Property profile

3375 E Shea Blvd Phoenix, AZ 85028

FOR LEASE
Strip malls
Property ID
US07-3438756
31,060 SF 1.92 ac lot Built 1979
Last sale Dec 2024 · $6,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A second-generation restaurant space with existing interior improvements configured for restaurant operations, located at 3375 E Shea Blvd in Phoenix, Arizona, within Paradise Valley’s dining market area. The suite is presented with a turnkey-style buildout intended to support an efficient transition for restaurant use, reflecting a layout and finishes consistent with a prior restaurant buildout.

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?
$38k
Tax billed · 2023
Assessed value · 2024$802k
Effective rate4.70%

Value estimate

· Oct 2026
$4.10M
$3.69M – $4.51M
AI approach$4.10M
CAP approach$7.12M
Submarket $/SF estimate$6.66M

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-1
The purpose C-1 zone is to provide light neighborhood type retail and customer service uses designed to be compatible with each other and...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office15.6
Restaurant14.2
Pharmacy12.3

Location

3375 E Shea Blvd Phoenix, AZ 85028
County assessor Recorded deeds · 10 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

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12025 32nd, Phoenix, AZ 85028-1218 $8,925,000 May 2025 151,756 SF
10401 32nd, Phoenix, AZ 85028-3850 $1,670,000 Oct 2021 14,726 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
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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
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