Technical
Financial
Distress signals
Property profile

3600 2nd Ave Phoenix, AZ 85013

OFF-MARKET
Parking lots & garages
Property ID
US07-2663675
83,981 SF 3.38 ac lot Built 1986
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1986
Construction CONCRETE
Total area 83,981 SF
Lot 3.38 ac (147,435 SF)
Zoning code C-2
APN 118-30-044B
UPID US07-2663675

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
  • Hotel & Motel

Location

3600 2nd Ave Phoenix, AZ 85013-3941
Phoenix metro Census 110501 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
by Request
Blend (final) Blend
$16.20M

Owner & transaction history

since 2022
Last sale
$16.0M
7 recorded transactions
2022
Price N/A
2022
$16.1M
2022
$16.0M
2018
$7.0M
2007
$9.8M
2007
$10.2M
2007
Price N/A

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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