Technical
Financial
Distress signals
Property profile

55 Thomas Rd Phoenix, AZ 85012

OFF-MARKET
Office buildings
Property ID
US07-2669138
17,868 SF 0.77 ac lot Built 1973
Entity Owned 17-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1973
Construction CONCRETE
Total area 17,868 SF
Lot 0.77 ac (33,755 SF)
Zoning code C-1
APN 118-44-009A
UPID US07-2669138

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Law Firm
  • Law Firm
  • Law Firm

Location

55 Thomas Rd Phoenix, AZ 85012-6100
Phoenix metro Census 111800 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.94M
Blend (final) Blend
$1.10M

Owner & transaction history

since 2009
5 recorded transactions
2009
$1.2M
2004
Price N/A
2003
$2.5M
1996
$1.4M
1969
Price N/A

Zoning & alternative use

C-1 · Phoenix, AZ
Zoning description

The purpose C-1 zone is to provide light neighborhood type retail and customer service uses designed to be compatible with each other and nearby residential districts

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $7.6M +162.1%
Retail stores $5.3M +84.9%
Medical building $4.7M +64.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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