Technical
Financial
Distress signals
Property profile

3602 Ray Rd Phoenix, AZ 85044

OFF-MARKET
Banks
Property ID
US07-0955057
6,739 SF 1.78 ac lot Built 1995
Trust Owned 28-yr Hold Free & Clear
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1995
Construction CONCRETE
Total area 6,739 SF
Lot 1.78 ac (77,493 SF)
Zoning code PCD
APN 301-77-992
UPID US07-0955057

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
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

3602 Ray Rd Phoenix, AZ 85044-7114
Phoenix metro Census 116720 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
$4.75M
Blend (final) Blend
$1.09M

Owner & transaction history

since 1997
1 recorded transaction
1997
$1.1M

Zoning & alternative use

PCD · Phoenix, AZ
Zoning description

The Planned Community District is intended to establish planning and development control parameters while allowing sufficient flexibility to permit final detailed planning at the time of development and to permit and enc…

General category UNKNOWN
Top alternative use upside
Commercial (general) $4.7M +30.9%
Restaurant $3.6M +0.4%

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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