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Financial
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Property profile

3940 N 33Rd Ave Phoenix, AZ 85017

FOR SALE
Auto shops
Property ID
US07-3415707
1,078 SF 0.21 ac lot Built 1987
Last sale Oct 2007 · $330,000
Individually Owned Owner of record is an individual. 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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3940 N 33Rd Ave, Phoenix, AZ 85017 For Sale
$619,000 1,078 SF
3940 N 33Rd Ave, Phoenix, AZ 85017
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Property summary

AI-generated overview

The property consists of a machine shop building with two separate access points, along with an on-site one-bedroom apartment. Vehicular access is provided from Grand Ave and 33rd Ave, and the site is located across the street from Costco Business Center with visibility from Grand and convenient access to I-10. The real estate is presented under a C-3 zoning designation and includes an existing leasing arrangement covering the premises, with the business described as separate from the real…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$42k
Effective rate10.83%

Value estimate

· Oct 2026
$330k
$297k – $363k
NOI build-up
Gross scheduled income$19k
Vacancy & credit loss−$2k
Operating expenses−$5k
NOI · 1.87% cap applied$12k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$423/SF
Submarket average, outlier-cleaned · 179 recorded sales of this use type
Observed band · Q1–Q3$188 – $727
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1.87%
$12k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-G
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency27.8
Law Firm19.4
Hair Salon17.2

Location

3940 N 33Rd Ave Phoenix, AZ 85017
County assessor Recorded deeds · 3 transfers 3 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6512 27th, Phoenix, AZ 85017-1242 $1,775,000 Jul 2025 2,100 SF
3437 Bethany Home, Phoenix, AZ 85017-1919 $1,293,103 Oct 2023 1,792 SF
5228 27th, Phoenix, AZ 85017 $1,600,000 Nov 2022 4,246 SF
3446 29th, Phoenix, AZ 85017-4905 $450,000 Aug 2021 648 SF
4002 33rd, Phoenix, AZ 85017-4510 $325,000 Apr 2021 700 SF
2516 Bethany Home, Phoenix, AZ 85017-2102 $800,000 Sep 2020 3,240 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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