Property profile

5950 Mcdowell Rd Phoenix, AZ 85035

OFF-MARKET
Strip malls
Property ID
US07-1350466
9,430 SF 1.24 ac lot Built 2005
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Construction CONCRETE
Total area 9,430 SF
Lot 1.24 ac (54,177 SF)
Zoning code C-2
APN 103-13-696
UPID US07-1350466

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
  • Restaurant
  • Take-out & Catering Butcher
  • Bank Credit Union
  • Check Cashing
  • Mobile Phone Store Electronics & Wireless Store

Location

5950 Mcdowell Rd Phoenix, AZ 85035-4989
Phoenix metro Census 112502 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
$2.76M
Blend (final) Blend
$2.64M

Owner & transaction history

since 2015
4 recorded transactions
2015
Price N/A
2015
$1.4M
2012
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Phoenix, AZ
Zoning description

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 wide range of types of commercial activity within the district

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $4.0M +66.0%
Office building $2.8M +17.9%
Retail stores $2.8M +17.1%

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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