Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5409 Central Ave Phoenix, AZ 85040-3050

    • Office buildings
    • 1,090 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 02, 2024
    Location Intelligence
    Property ID
    US07-0892094
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 5409 Central Ave

    Year built
    1961
    Construction
    CONCRETE
    Lot size
    0.10 lot acres
    Property size
    1,090 SF
    Zone code
    C-2
    Property type
    Office buildings
    APN
    113-42-049B
    APU
    11342049B

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.073
    Latitude
    33.3973
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $2,364
    $0.00
    $0.00
    $21,869
    -
    $66,400
    $66,137
    $132,537

    Comparable in this City

    • Value Estimation by Request
      3,430 SF

      5015 Central Ave

      OFFICE BUILDING • 3,430 SF
      5015 Central Ave, Phoenix, AZ 85040
      View Details
    • Value Estimation by Request
      3,202 SF

      1427 Elwood St

      OFFICE BUILDING • 3,202 SF
      1427 Elwood St, Phoenix, AZ 85040-1328
      View Details
    • Value Estimation by Request
      12,795 SF

      4317 Broadway Rd

      OFFICE BUILDING • 12,795 SF
      4317 Broadway Rd, Phoenix, AZ 85040-8807
      View Details
    • Value Estimation by Request
      172,272 SF

      4055 Riverpoint Pkwy

      OFFICE BUILDING • 172,272 SF
      4055 Riverpoint Pkwy, Phoenix, AZ 85040
      View Details
    • Value Estimation by Request
      1,158 SF

      3802 28th St

      OFFICE BUILDING • 1,158 SF
      3802 28th St, Phoenix, AZ 85040-8604
      View Details
    • Value Estimation by Request
      1,024 SF

      3212 36th St

      OFFICE BUILDING • 1,024 SF
      3212 36th St, Phoenix, AZ 85040-1606
      View Details

    Similar Nearby for Sale

    • $3,995,000
      17,840 SF

      Phoenix Office Building For Sale

      Centrally located office building with I-10 access and high visibility.
      3401 E Elwood St, Phoenix, AZ 85040
      View Details
    • $725,000
      865 SF

      Office, Shop, and Secured Lot

      Office, shop, canopies, and secured lot for sale.
      3917 E Anne St, Phoenix, AZ 85040
      View Details
    • Contact for pricing
      9,867 SF

      Industrial/Flex Building with Office Space

      9,867 SF industrial/flex building with office and warehouse space.
      4615 S 33Rd Pl, Phoenix, AZ 85040
      View Details
    • $2,373,000
      7,304 SF

      Versatile Industrial Property with Office Space

      7,304 SF industrial property featuring office space and warehouse.
      4511 E Broadway Rd, Phoenix, AZ 85040
      View Details
    • $13,204,438
      44,162 SF

      Phoenix Warehouse with Fenced Yard

      44,162 SF warehouse with office and large fenced yard.
      3637 E Miami Ave, Phoenix, AZ 85040
      View Details
    • $639,000
      Pending

      Phoenix Land Opportunity Zone Parcel

      46,228 sq ft parcel zoned for multi-family development.
      4202 S 3Rd St, Phoenix, AZ 85040
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      108,000 SF

      Freestanding Furnished Office Building

      Institutionally owned, fully furnished office building with freeway access.
      4425 E Cotton Center Blvd, Phoenix, AZ 85040
      View Details
    • $17 SF/Yr
      139,403 SF

      Freestanding Office Building Available Immediately

      Premier business park with excellent freeway access and airport proximity.
      4500 E Cotton Center Blvd, Phoenix, AZ 85040
      View Details
    • Contact for pricing
      19,995 SF

      Class A Office Space Available

      Class A office building in Cotton Center Business Park.
      4645 E Cotton Center Blvd, Phoenix, AZ 85040
      View Details
    • Contact for pricing
      19,076 SF

      Phoenix Office Space Available

      Move-in ready office space with amenities near Phoenix Sky Harbor.
      4615 E Elwood St, Phoenix, AZ 85040
      View Details
    • Contact for pricing
      22,000 SF

      Furnished Corporate HQ Office Space

      Two-story, fully furnished office space available for sublease.
      4640 E Cotton Gin Loop, Phoenix, AZ 85040
      View Details
    • $27 SF/Yr
      27,642 SF

      Class A Office Sublease Available

      Sublease opportunity in a Class A building with ample parking.
      4045 S Riverpoint Pkwy, Phoenix, AZ 85040
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5409 Central Ave
    Phoenix, AZ 85040-3050
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.