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Property profile

515 Thomas Rd Phoenix, AZ 85012

OFF-MARKET
Medical Office Space
Property ID
US07-0978046
4,837 SF 0.48 ac lot Built 2001
Last sale Jul 2026 · $1,675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a freestanding medical office building constructed in 2001 containing approximately 4,720 square feet. The interior layout includes five exam rooms, three private offices, a laboratory, an oversized nurses station, a file room, reception area, and a break room. Off-street parking is provided. The building has been used as a medical-office facility in a configured manner appropriate for an OBGYN practice, with defined clinical spaces that could be retained for continued…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value · 2024$231k
Effective rate8.55%

Value estimate

· Oct 2026
$220k
$198k – $242k
Submarket $/SF estimate$1.82M

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$265/SF
Submarket average, outlier-cleaned · 143 recorded sales of this use type
Observed band · Q1–Q3$157 – $395
Qualifying comparables18

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-1
The purpose C-1 zone is to provide light neighborhood type retail and customer service uses designed to be compatible with each other and...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop8.8
Carpet & Flooring Store8.4
Florist8.4

Location

515 Thomas Rd Phoenix, AZ 85012-3203
County assessor Recorded deeds · 3 transfers 18 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

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
59 Lexington, Phoenix, AZ 85012-2320 $650,629 Mar 2025 1,818 SF
3522 3rd, Phoenix, AZ 85012-2332 $345,000 Dec 2022 2,413 SF
52 Monterey, Phoenix, AZ 85012-2628 $1,055,000 Dec 2022 2,955 SF
214 Monterey, Phoenix, AZ 85012-2620 $450,000 Oct 2022 1,842 SF
3525 Central, Phoenix, AZ 85012-2101 $6,731,217 Jun 2021 5,734 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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