Property profile

521 S 3Rd St Phoenix, AZ 85004

FOR LEASE
Commercial real estate
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Property ID
US07-0554243
0.17 ac
Last sale May 2012·$4,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 9,530-square-foot creative office space is located at 521 S 3rd Street in Phoenix, Arizona, within Maricopa County. The property, a single-story building, boasts a prime location and is classified as a Class B office space. Originally constructed in 1940, it underwent a significant renovation in 2013, ensuring modern amenities within a historically rich structure. The building's single-tenant occupancy provides a unique opportunity for a business seeking a substantial and…

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?
$915
Tax billed · 2023
Assessed value · 2024$29k
Effective rate3.16%

Value estimate

· Nov 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$755/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$252 – $1,191

Cap rate analysis

How does the asset earn?
$119k 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?
PUD
The Planned Unit Development is intended to create a built environment that is superior to that produced by conventional zoning districts...
General categoryPLANNED_DEVELOPMENT
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Nail Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nail Salon10.8
Tailor Shop10.3
Pawn Shop9.5

Location

521 S 3Rd St Phoenix, AZ 85004
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
126 Coronado, Phoenix, AZ 85004-1511 $310,000 Jan 2026 No data
138 Coronado, Phoenix, AZ 85004-1511 $300,000 Jan 2026 No data
115 Palm, Phoenix, AZ 85004-1581 $330,000 Dec 2025 59,007 SF
425 Buckeye, Phoenix, AZ 85004-2735 $35,000,000 Oct 2025 No data
Phoenix, AZ 85004 $35,000,000 Oct 2025 No data
121 Buchanan St, Phoenix, AZ 85004-2517 $7,800,000 Sep 2025 No data
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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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