Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

440 E Southern Ave Phoenix, AZ 85040

FOR LEASE
Office buildings
Property ID
US07-1409722
5,864 SF 0.47 ac lot Built 1962
Last sale May 2022 · $1,260,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value · 2024$93k
Effective rate4.63%

Value estimate

· Nov 2026
$1.49M
$1.34M – $1.63M
CAP approach$1.65M
Submarket $/SF estimate$1.38M
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$3k
Operating expenses−$12k
NOI · 61,396.67% cap applied$18k

Realmo valuation models over county records and 24 qualifying comparable sales.

Recently sold

What actually traded nearby?
$567/SF
ZIP average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$200 – $1,055
Qualifying comparables24

Cap rate analysis

How does the asset earn?
61,396.67%
$18k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
The purpose C-1 zone is to provide light neighborhood type retail and customer service uses designed to be compatible with each other and...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.5
Law Firm19.0
Skin Care Clinic12.6

Location

440 E Southern Ave Phoenix, AZ 85040
County assessor Recorded deeds · 2 transfers 24 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3655 Roeser, Phoenix, AZ 85040-3968 $27,000,000 Dec 2024 4,400 SF
4535 Broadway, Phoenix, AZ 85040-8827 $1,900,000 May 2024 6,038 SF
4505 Broadway, Phoenix, AZ 85040-8827 $2,090,000 Oct 2023 7,388 SF
3321 Atlanta, Phoenix, AZ 85040-2801 $3,050,000 Oct 2023 9,720 SF
4529 Broadway Rd, Phoenix, AZ 85040-8896 $2,600,000 Feb 2023 10,174 SF
5644 16th, Phoenix, AZ 85040-3511 $1,470,000 Jan 2023 8,040 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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