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Property profile

4222 Thomas Rd Phoenix, AZ 85018

Other commercial real estate
Property ID
US07-1296433
View Sample
0.47 ac lot
Individually Owned 7-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This office property comprises approximately 3,977 square feet and is located in an area with access to a broad local labor pool. It is situated within minutes of the Camelback Corridor and Downtown Scottsdale, with nearby residential areas including Arcadia, Paradise Valley, and the Biltmore. Transportation access includes proximity to the 202 Freeway and Hohokam Expressway (SR-143), with connections to the broader freeway system in the Metropolitan Phoenix area, and it is about five minutes from Sky Harbor International Airport. The surrounding area includes more than 2,000,000 square feet of retail space and a concentration of dining options, with over 75 restaurants within a half-mile radius.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.47 ac (20,386 SF)
Zoning code C-2
APN 127-13-090A
UPID US07-1296433

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
  • Law Firm
  • Engineering Consultant
  • Physician
  • General Contractor
  • Big Box & Wholesale Store Building Supply

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2019
7 recorded transactions
2019
$17.3M
2019
Price N/A
2018
Price N/A
2013
$10.6M
2009
Price N/A
2007
$9.0M
2004
$6.6M

Zoning & alternative use

C-2 · Phoenix, AZ
Zoning description

The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district

General category COMMERCIAL

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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More about this property
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