Property profile

3975 Lockwood Dr Phoenix, AZ 85050

OFF-MARKET
Community centers
Property ID
US07-1873277
24,971 SF 1.51 ac lot Built 2007
Individually Owned 19-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2007
Construction CONCRETE
Total area 24,971 SF
Lot 1.51 ac (65,699 SF)
Zoning code S-1
APN 212-38-908
UPID US07-1873277

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
  • Child Welfare Organization Charitable Organization
  • Gym & Fitness Center
  • Child Welfare Organization Charitable Organization
  • High School

Location

3975 Lockwood Dr Phoenix, AZ 85050-8348
Phoenix metro Census 615001 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
$7.92M
Blend (final) Blend
$805k

Owner & transaction history

since 2006
1 recorded transaction
2006
Price N/A

Zoning & alternative use

S-1 · Phoenix, AZ
Zoning description

The purpose of S-1 zone is to provide for very low density farm or residential uses to protect and preserve low density areas in their present or desired character

General category RESIDENTIAL
Top alternative use upside
Auto repair, garage $10.6M +66.0%
Office building $7.5M +17.9%
Retail stores $7.4M +17.1%

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 3975 Lockwood Dr?
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