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Property profile & analytics
OFF-MARKET
Theaters & concert halls
440 32nd St Phoenix, AZ 85008-6205
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US07-1338076
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1963
Construction
CONCRETE
Total area
21,124 SF
Lot
5.47 ac (238,404 SF)
Zoning code
P-1
APN
121-67-010F
UPID
US07-1338076
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Celebrity Theatre Music Venue Bar & Pub
-
Ringside Unified Fighting - RUF MMA Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Phoenix Va LLC · 7 yrs held
Phoenix Va LLC
since 2019
7 recorded transactions
Zoning & alternative use
P-1 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$76,560
Tax year 2023
Assessed value
$756,476
Assessed 2024
Previous assessed
$664,445
+13.9% YoY
Effective rate
10.12%
On assessed value
Land market value
$1,911,000
Improvement market value
$2,673,700
Total market value
$4,584,700
Applied tax rate
71,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
1963
Construction
CONCRETE
Heating
HOT WATER
Cooling
REFRIGERATOR
Stories
1
Total area
21,124 SF
Lot
5.47 ac (238,404 SF)
Zoning code
P-1
APN
121-67-010F
UPID
US07-1338076
Jurisdiction
MARICOPA
Zoning & alternative use
P-1 · Phoenix, AZ
Zoning P-1 · permitted uses
P-1 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
1
Lot
5.47 ac
Current owner
From public records · entity-resolved
Phoenix Va LLC
Entity
Mailing address
440 N 32ND ST, PHOENIX, AZ 85008-6205
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2019
—
Phoenix Va LLC
Berkana 32nd & Van Buren LLC
Grant Deed
$110,762,251 · Fifth Third Bk
May 8, 2002
$2,450,000
Celebrity Theater LLC
Pinnacle Events LLC
Grant Deed
—
Jun 18, 1997
$1,095,000
Events L L C Pinnacle
Sound Events INC
Grant Deed
—
Aug 17, 1995
$826,000
Celebrity Entertainment INC
Citibank Arizona
Grant Deed
$626,000 · Citibank Arizona
May 19, 1994
$586,663
Citibank
Sheldon Pollack
Trustees Deed
related
—
Feb 17, 1994
—
Bayshore Properties INC
Collett
Grant Deed
related
—
Jan 18, 1994
$305,030
James L Collett
Sheldon Pollack
Trustees Deed
—
May 13, 1993
$767,000
Pollack Arizona Manageme Sheldon
Citibank
Grant Deed
$575,000 · Seller Carry Back
Apr 30, 1993
$970,000
Arizona Citibank
Cowley Cardon Ro
Grant Deed
related
—
—
—
Celebrity Theatre LLC
—
Deed Of Trust
related
$500,000 · Johnson Bank
—
—
Celebrity Theatre LLC
—
Deed Of Trust
related
$3,000,000 · Johnson Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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