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    Property profile & analytics

    4111 Innovative Dr Ste, Unit 112 Phoenix, AZ 85086-3852

    • Office buildings
    • 6,960 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $165,000
    Last Sale
    Feb 10, 2021
    $150,000
    Location Intelligence
    Property ID
    US07-2665642
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 4111 Innovative Dr Ste

    Year built
    2006
    Construction
    STEEL FRAME
    Lot size
    0.04 lot acres
    Property size
    6,960 SF
    Zone code
    CP/GCP
    Property type
    Office buildings
    APN
    203-04-521
    APU
    20304521

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.148
    Latitude
    33.8663
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,827
    $0.00
    $0.00
    $50,045
    -
    $60,600
    $242,700
    $303,300

    Comparable in this City

    • Value Estimation by Request
      12,071 SF

      42104 Venture Dr, Unit B101

      OFFICE BUILDING • 12,071 SF
      42104 Venture Dr, Phoenix, AZ 85086-3823
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    • Value Estimation by Request
      7,673 SF

      34975 Nn Vly Pkwy Ste, Unit 114

      OFFICE BUILDING • 7,673 SF
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    • Value Estimation by Request
      13,274 SF

      42104 Venture Dr, Unit D103

      OFFICE BUILDING • 13,274 SF
      42104 Venture Dr, Phoenix, AZ 85086-3823
      View Details
    • Value Estimation
      $190,000
      9,532 SF

      42104 Venture Dr Ste C100b

      OFFICE BUILDING • 9,532 SF
      42104 Venture Dr Ste C100b, Phoenix, AZ 85086-3823
      View Details
    • Value Estimation
      $260,000
      9,532 SF

      42104 Venture Dr Ste C105

      OFFICE BUILDING • 9,532 SF
      42104 Venture Dr Ste C105, Phoenix, AZ 85086-3823
      View Details
    • Value Estimation
      $530,000
      13,274 SF

      42104 Venture Dr Ste D106

      OFFICE BUILDING • 13,274 SF
      42104 Venture Dr Ste D106, Phoenix, AZ 85086-3836
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    • $1.05 SF/Yr
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      Anthem Mixed-Use Property For Lease

      Mixed-use property in Anthem, supporting office, medical, retail, and showroom.
      42201 N 41St Dr, Anthem, AZ 85086
      View Details
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    Phoenix, AZ 85086-3852
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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