Property profile

340 Mcdowell Rd Phoenix, AZ 85004

OFF-MARKET
Grocery and convenience stores
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Property ID
US07-1034895
46,016 SF 3.96 ac Built 1996
Last sale Oct 2024·$3,900,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

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?
$135k
Tax billed · 2023
Assessed value · 2024$1.48M
Effective rate9.10%

Value estimate

· Nov 2026
$875k
$788k – $963k
Submarket $/SF estimate$14.14M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$298/SF
Submarket average, outlier-cleaned · 373 recorded sales of this use type
Observed band · Q1–Q3$118 – $551
Qualifying comparables4

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?
DTC-MCD-2
The McDowell Corridor should create an attractive, pedestrian-oriented mixed-use street as a gateway to the historic neighborhoods and Do...
General categoryMIXED_USE
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility10.3
Auto Parts Store10.0
Pet Grooming Service8.9

Location

340 Mcdowell Rd Phoenix, AZ 85004-1533
County assessor Recorded deeds · 11 transfers 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1601 3rd, Phoenix, AZ 85004 $3,900,000 Oct 2024 10,717 SF
701 1st, Phoenix, AZ 85004-2063 $2,018,487 Sep 2024 2,400 SF
1029 1st, Phoenix, AZ 85004-1924 $1,500,000 May 2024 3,842 SF
2521 Central, Phoenix, AZ 85004 $1,075,000 Jan 2023 5,500 SF
550 Willetta, Phoenix, AZ 85004-1739 $2,770,000 Sep 2022 2,477 SF
136 Washington, Phoenix, AZ 85004-2341 $960,001 Feb 2020 3,463 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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Includes: Price & PSF · Cap rate · Location · Zoning

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