Technical
Financial
Distress signals
Property profile

4534 44th Ave Phoenix, AZ 85031

OFF-MARKET
Flex space
Property ID
US07-0018022
103,060 SF 11.56 ac lot Built 1996
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1996
Construction CONCRETE
Total area 103,060 SF
Lot 11.56 ac (503,469 SF)
Zoning code A-1
APN 145-25-039B
UPID US07-0018022

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
  • Production Facility Metal Fabrication Plant
  • Medical Supply Store

Location

4534 44th Ave Phoenix, AZ 85031-1599
Phoenix metro Census 109300 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$18.76M

Owner & transaction history

since 2023
Last sale
$14.0M
7 recorded transactions
2023
Price N/A
2023
$14.0M
2022
$13.9M
2019
Price N/A
2019
$8.8M
2018
Price N/A
2018
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 $30.9M +36.4%
Retail stores $30.7M +35.5%
Medical building $27.4M +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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