Financial
Distress signals
Property profile

609 2nd Ave Phoenix, AZ 85003

OFF-MARKET
Office buildings
Property ID
US07-1691020
5,899 SF 0.72 ac lot Built 2019
Last sale Mar 2018 · $1,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

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

What does the county charge?
Assessed value · 2024$1.46M

Value estimate

· Sep 2026
$3.10M
$2.79M – $3.41M
Sales comparison$3.11M

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

Recently sold

What actually traded nearby?
$300/SF
Submarket average, outlier-cleaned · 958 recorded sales of this use type
Observed band · Q1–Q3$128 – $528
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?
DTC-E-ROO
The Roosevelt East character area is comprised of a mixture of historic buildings with larger blocks of land with high-rise entitlements....
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop8.8
Pet Grooming Service8.6
Tanning Salon8.0

Location

609 2nd Ave Phoenix, AZ 85003-1653
County assessor Recorded deeds · 7 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
1650 1st, Phoenix, AZ 85003-1124 $1,600,000 Aug 2024 3,485 SF
801 1st, Phoenix, AZ 85003-1401 $1,450,000 Nov 2023 3,300 SF
650 6th, Phoenix, AZ 85003-1531 $1,100,000 Apr 2022 6,880 SF
362 3rd, Phoenix, AZ 85003-1521 $3,700,000 Dec 2021 4,526 SF
394 3rd, Phoenix, AZ 85003-1521 $858,250 Apr 2021 3,433 SF
826 3rd, Phoenix, AZ 85003-1409 $805,000 Nov 2019 2,988 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 609 2nd Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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