Financial
Distress signals
Property profile

5353 N 16Th St Phoenix, AZ 85016

FOR LEASE
Office buildings
Property ID
US07-1519255
93,095 SF 1.23 ac lot Built 1985
Last sale Jul 2018 · $11,764,706
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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5353 N 16Th St, Phoenix, AZ 85016 For Lease
$21,970,000
5353 N 16Th St, Phoenix, AZ 85016
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Property summary

AI-generated overview

The property is a Class A office space located within a four-story building. It provides parking at a ratio of 3.7 spaces per 1,000 square feet and includes underground parking plus 40 visitor surface parking spaces. The office suite contains 1,676 square feet of space.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$214k
Tax billed · 2023
Assessed value · 2024$2.88M
Effective rate7.44%

Value estimate

· Sep 2026
$21.97M
$19.77M – $24.17M
Sales comparison$29.74M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$260/SF
ZIP average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$99 – $388
Qualifying comparables6

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-2
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wid...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service12.7
Laundry Service11.8
Garden Center11.1

Location

5353 N 16Th St Phoenix, AZ 85016
County assessor Recorded deeds · 9 transfers 6 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
2801 Camelback Rd, Phoenix, AZ 85016-4363 $48,250,000 Jun 2025 118,495 SF
2633 Indian School Rd, Phoenix, AZ 85016-6761 $325,000 May 2025 63,544 SF
2730 Camelback, Phoenix, AZ 85016-4343 $60,000,000 Nov 2024 88,330 SF
2850 Camelback, Phoenix, AZ 85016-4311 $60,000,000 Nov 2024 121,505 SF
2325 Camelback, Phoenix, AZ 85016-3422 $97,900,000 Oct 2024 324,897 SF
3221 16th, Phoenix, AZ 85016-7157 $7,600,000 May 2024 52,854 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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