Technical
Financial
Distress signals
Property profile

4502 Monterosa St Phoenix, AZ 85031

OFF-MARKET
Flex space
Property ID
US07-2333421
123,394 SF 7.23 ac lot Built 2000
Individually Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2000
Construction CONCRETE
Total area 123,394 SF
Lot 7.23 ac (314,842 SF)
Zoning code A-1
APN 145-25-026E
UPID US07-2333421

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
  • Big Box & Wholesale Store Food Market
  • Charitable Organization Social Service Agency
  • Specialty Food Shop Grocery & Convenience Store

Location

4502 Monterosa St Phoenix, AZ 85031-2300
Phoenix metro Census 109300 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
$29.01M
Blend (final) Blend
$8.09M

Owner & transaction history

since 2019
7 recorded transactions
2019
$8.2M
2012
Price N/A
2010
$4.5M
2008
$8.4M
2007
Price N/A
2007
$6.5M
1969
Price N/A

Zoning & alternative use

A-1 · Phoenix, AZ
Zoning description

The purpose of A-1 zone is to provide industrial uses designed to serve the needs of the community for industrial activity not offensive to nearby commercial and residential uses

General category INDUSTRIAL
Top alternative use upside
Office building $37.0M +36.4%
Retail stores $36.8M +35.5%
Medical building $32.8M +20.7%

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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