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Financial
Distress signals
Property profile

507 E Broadway Rd Phoenix, AZ 85040

FOR SALE
Automotive properties
Property ID
US07-2665217
1,814 SF 0.31 ac lot Built 2000
Last sale Jul 2017 · $275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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507 E Broadway Rd, Phoenix, AZ 85040 For Sale
$875,000 1,814 SF
507 E Broadway Rd, Phoenix, AZ 85040
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Property summary

AI-generated overview

This Phoenix, Arizona commercial property, located at 507 E Broadway Rd, presents a compelling investment opportunity. The 1,804 square foot building sits on a 13,650 square foot lot and is zoned C3, offering versatility for various uses. Currently operating as an auto repair shop, the property boasts three exterior bays and two lifts. The single-tenant net lease has a remaining term of approximately 1.1 years, expiring December 31, 2025, with a monthly rent of $4,600. The property…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value · 2024$75k
Effective rate11.64%

Value estimate

· Oct 2026
$805k
$725k – $886k
Submarket $/SF estimate$824k
NOI build-up
Gross scheduled income$33k
Vacancy & credit loss−$3k
Operating expenses−$9k
NOI · 2.34% cap applied$21k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$423/SF
Submarket average, outlier-cleaned · 179 recorded sales of this use type
Observed band · Q1–Q3$188 – $727
Qualifying comparables7

Cap rate analysis

How does the asset earn?
2.34%
$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-G
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency32.4
Law Firm23.6
Dental Office20.0

Location

507 E Broadway Rd Phoenix, AZ 85040
County assessor Recorded deeds · 4 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1010 Broadway, Phoenix, AZ 85040-2302 $382,600 Aug 2023 1,792 SF
1523 Southern, Phoenix, AZ 85040-3531 $1,800,000 Jul 2023 1,730 SF
2809 40th, Phoenix, AZ 85040 $925,000 Jun 2023 2,400 SF
918 Broadway, Phoenix, AZ 85040 $1,095,000 Feb 2022 1,419 SF
3839 Superior, Phoenix, AZ 85040-1644 $2,200,000 Mar 2021 1,155 SF
3443 36th, Phoenix, AZ 85040-1607 $285,000 Oct 2019 1,450 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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