Property profile

3401 Thomas Rd Phoenix, AZ 85018

OFF-MARKET
Strip malls
Property ID
US07-1072145
8,081 SF 0.42 ac lot Built 1963
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1963
Construction CONCRETE
Total area 8,081 SF
Lot 0.42 ac (18,295 SF)
Zoning code C-2
APN 120-03-102A
UPID US07-1072145

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Church
  • Church
  • Electrical Service General Contractor
  • Furniture & Home Goods Home Decor Store

Location

3401 Thomas Rd Phoenix, AZ 85018-7469
Phoenix metro Census 111401 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$1.06M

Owner & transaction history

since 2026
4 recorded transactions
2026
Price N/A
2006
Price N/A
2004
Price N/A
1992
$290,000

Zoning & alternative use

C-2 · Phoenix, AZ
Zoning description

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 wide range of types of commercial activity within the district

General category COMMERCIAL

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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