Property profile

4450 Thomas Rd Phoenix, AZ 85031

OFF-MARKET
Strip malls
Property ID
US07-0715538
15,257 SF 2.98 ac lot Built 1986
Individually Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Construction CONCRETE
Total area 15,257 SF
Lot 2.98 ac (129,653 SF)
Zoning code PSC
APN 107-43-110U
UPID US07-0715538

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
  • Tech Support Center (Bike/Boat/Book/etc) Store
  • Waste Management Facility Hazardous Waste Disposal
  • Production Facility Textile Manufacturer

Location

4450 Thomas Rd Phoenix, AZ 85031-3738
Phoenix metro Census 110001 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
$6.07M
Blend (final) Blend
$880k

Owner & transaction history

since 2012
6 recorded transactions
2012
$875,000
2010
$1.9M
2006
$5.0M
2006
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PSC · Phoenix, AZ
Zoning description

The intent of PSC district is to provide for well designed retail shopping facilities in appropriate locations and, farther, that the district snail be laid out and developed as a unit according to an approved plan so th…

General category COMMERCIAL
Top alternative use upside
Restaurant $8.2M +109.8%
Auto repair, garage $6.4M +66.0%
Office building $4.6M +17.9%

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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