Technical
Financial
Distress signals
Property profile

5604 38th St Phoenix, AZ 85040

OFF-MARKET
Warehouses
Property ID
US07-0765420
282,020 SF 4.79 ac lot Built 2022
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2022
Construction FRAME
Total area 282,020 SF
Lot 4.79 ac (208,478 SF)
Zoning code S-1
APN 122-76-003A
UPID US07-0765420

Cap rate & NOI

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

Location

5604 38th St Phoenix, AZ 85040-3946
Phoenix metro Census 116203 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.07M

Owner & transaction history

since 2021
Last sale
$4.2M
7 recorded transactions
2021
Price N/A
2021
Price N/A
2020
$4.2M
2002
Price N/A
1999
Price N/A
1997
$200,000
1997
Price N/A

Zoning & alternative use

S-1 · Phoenix, AZ
Zoning description

The purpose of S-1 zone is to provide for very low density farm or residential uses to protect and preserve low density areas in their present or desired character

General category RESIDENTIAL

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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