4631 7th Ave Phoenix, AZ 85013-2755
Property profile & analytics
4631 7th Ave Phoenix, AZ 85013-2755
- Bars & Pubs
- 2,245 SF
- 0.21 lot acres
Property ID
US07-2665815
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Smith’s on 7th / Bar & Pub
Property Details for 4631 7th Ave
- Year built
- 1943
- Construction
- CONCRETE
- Lot size
- 0.21 lot acres
- Property size
- 2,245 SF
- Zone code
- C-G
- Property type
- Bars & Pubs
- Property subtype
- Pubs
- APN
- 155-34-039B
- APU
- 15534039B
Description
This Phoenix, Arizona retail investment presents a compelling opportunity. The property, located at 4631 N 7th Ave, consists of two buildings totaling 3,239 net rentable square feet on a 0.41-acre lot (APN: 155-34-039B & 155-34-034) with C-3 zoning. Currently, it features two tenants under a newly executed NNN lease with a 4.5-year remaining term (commencing May 16, 2024, and expiring May 15, 2029), offering a 6.89% pro-forma cap rate and $96,156 in pro-forma NOI. The lease includes two five-year renewal options with 4% annual rent bumps. The property boasts strong demographics, with average household incomes exceeding $86,000 and over $7 billion in consumer spending within a 5-mile radius. High traffic counts exceeding 130,000 vehicles per day are present at the 7th Avenue & Coolidge Street intersection, further enhanced by proximity to Camelback Road and Indian School Road. The location is within a dense retail corridor, less than a mile from Uptown Plaza. Significant multifamily development is underway within a 5-mile radius, including over 13,000 units under construction, presenting additional redevelopment potential for the adjacent vacant 0.2-acre parcel. The asking price is $1,395,000, with a land value of $77.56 per square foot. This property offers a blend of immediate income and significant long-term growth potential.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.082
- Latitude
- 33.505
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,301
$0.00
$0.00
$49,463
-
$146,100
$153,675
$299,775
