Property profile

4805 Thomas Rd Phoenix, AZ 85031

OFF-MARKET
Medical Office Space
Property ID
US07-3165048
2,407 SF 0.56 ac lot Built 1972
Entity Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1972
Construction CONCRETE
Total area 2,407 SF
Lot 0.56 ac (24,481 SF)
Zoning code R-5
APN 103-51-142H
UPID US07-3165048

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
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

4805 Thomas Rd Phoenix, AZ 85031-4050
Phoenix metro Census 112302 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
$950k
Blend (final) Blend
$720k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2022
$745,000
2022
Price N/A
2020
Price N/A
2020
$305,100
2017
Price N/A
2008
Price N/A

Zoning & alternative use

R-5 · Phoenix, AZ
Zoning description

The purpose of R-5 is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $1.0M +59.2%
Office building $720,000 +13.1%
Retail stores $715,000 +12.3%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4805 Thomas Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message