Technical
Financial
Distress signals
Property profile

5022 2nd St Phoenix, AZ 85012

OFF-MARKET
Commercial real estate
Property ID
US07-0935434
1,361 SF 0.23 ac lot Built 1989
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1989
Construction STEEL FRAME
Total area 1,361 SF
Lot 0.23 ac (9,832 SF)
Zoning code P-1
APN 162-20-058
UPID US07-0935434

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5022 2nd St Phoenix, AZ 85012
Phoenix metro Census 107500 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
$1.70M
Blend (final) Blend
$1.53M

Owner & transaction history

since 2019
6 recorded transactions
2019
$51.7M
1997
Price N/A
1996
$9.1M
1993
Price N/A
1988
Price N/A
1969
Price N/A

Zoning & alternative use

P-1 · Phoenix, AZ
Zoning description

It is intended that the P-1 District will provide necessary off-street parking in appropriate locations for nonresidential uses located near residential districts

General category RESIDENTIAL

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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