Property profile

616 Roosevelt St Phoenix, AZ 85003

OFF-MARKET
Office buildings
Property ID
US07-0937184
1,960 SF 0.22 ac lot Built 1980
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Construction STEEL FRAME
Total area 1,960 SF
Lot 0.22 ac (9,743 SF)
Zoning code DTC-COMM-1
APN 111-32-001
UPID US07-0937184

Cap rate & NOI

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

Location

616 Roosevelt St Phoenix, AZ 85003
Phoenix metro Census 113000 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
$1.03M
Blend (final) Blend
$480k

Owner & transaction history

Zoning & alternative use

DTC-COMM-1 · Phoenix, AZ
Top alternative use upside
Commercial (general) $1.6M +165.0%
Auto repair, garage $830,000 +40.8%

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
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 616 Roosevelt St?
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