Property profile

3600 3rd Ave Phoenix, AZ 85013

OFF-MARKET
Medical Office Space
Property ID
US07-0935071
7,950 SF 0.36 ac lot Built 1975
Entity Owned 11-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1975
Construction CONCRETE
Total area 7,950 SF
Lot 0.36 ac (15,779 SF)
Zoning code R-5
APN 118-30-021A
UPID US07-0935071

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
  • Pediatrician
  • Physician Hospital
  • Physician Hospital
  • Physician
  • Physician

Location

3600 3rd Ave Phoenix, AZ 85013-3944
Phoenix metro Census 110501 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
$2.93M
Blend (final) Blend
$535k

Owner & transaction history

since 2015
7 recorded transactions
2015
Price N/A
2011
Price N/A
2011
Price N/A
2005
$2.1M
2000
Price N/A
1997
$842,010
1969
Price N/A

Zoning & alternative use

R-5 · Phoenix, AZ
Zoning description

The purpose of R-5 is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes

General category COMMERCIAL
Top alternative use upside
Restaurant $4.2M +101.2%
Auto repair, garage $3.4M +59.2%
Retail stores $2.4M +12.3%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3600 3rd Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message