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4108 49th Dr Phoenix, AZ 85031-2320

OFF-MARKET Office buildings Google Maps
1,372 SF 0.16 ac lot Built 1954
Entity Owned ~ Est. High Equity
Estimated value (blended)
$450k
Range $405k – $495k (±10%)
Property ID US07-1146801

Property summary

AI-generated overview

This Phoenix retail property at 4108 N 49th Dr, located in Maricopa County, AZ 85031, presents a compelling investment opportunity. The property, built in 1954, boasts a total of 6,869 square feet on a convenient corner lot with easy freeway access. The single-story building features 1,373 square feet of net rentable space, ideal for a variety of uses, including offices or a medical clinic. The interior features a blend of tile and carpet flooring, a neutral color palette, and well-proportioned rooms. The ceiling height ranges from 8.1 to 10 feet. The property includes two parking spaces and is zoned P32. The asking price is $360,000, with current operating expenses of $2,369. The Assessor's Parcel Number (APN) is 145-24-050. This property is currently used as a medical/dental office and is also well-suited for owner-occupancy. Its prime location and versatile space make it an attractive option for savvy investors seeking a strong return on investment.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1954
Construction CONCRETE
Total area 1,372 SF
Lot 0.16 ac (6,869 SF)
Zoning code R1-6
APN 145-24-050
UPID US07-1146801

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
  • Alternative Medicine Practice
  • Alternative Medicine Practice

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$450k

Owner & transaction history

since 2026
5 recorded transactions
2026
$400,000
2003
Price N/A
1994
$29,175
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R1-6 · Phoenix, AZ
Zoning description

The purpose of R1-6 is to foster the creation of living areas which can assist the establishment of stable, functional neighborhoods and an established pattern of living in this metropolitan area reflects a tradition of…

General category RESIDENTIAL

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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