Property profile

4340 Mcdowell Rd Phoenix, AZ 85035

OFF-MARKET
Strip malls
Property ID
US07-3488307
9,700 SF 0.95 ac lot Built 1985
Entity Owned 22-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Construction CONCRETE
Total area 9,700 SF
Lot 0.95 ac (41,251 SF)
Zoning code C-1
APN 103-21-001N
UPID US07-3488307

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
  • Medical Clinic
  • Insurance Agency
  • Restaurant
  • Take-out & Catering Butcher
  • Mobile Phone Store Electronics & Wireless Store

Location

4340 Mcdowell Rd Phoenix, AZ 85035-4225
Phoenix metro Census 112301 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
$2.06M
Blend (final) Blend
$1.39M

Owner & transaction history

since 2004
4 recorded transactions
2004
$1.4M
2000
$971,000
1998
$750,000
1969
Price N/A

Zoning & alternative use

C-1 · Phoenix, AZ
Zoning description

The purpose C-1 zone is to provide light neighborhood type retail and customer service uses designed to be compatible with each other and nearby residential districts

General category COMMERCIAL
Top alternative use upside
Office building $2.9M +17.9%
Retail stores $2.9M +17.1%
Medical building $2.6M +4.3%

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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