New search
Property profile & analytics
OFF-MARKET
Estimated value
$26,925,000
Specialty properties
6315 16th St, Phoenix, AZ 85016-1538
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-0087352
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1969
Construction
CONCRETE
Total area
841 SF
Lot
3.25 ac (141,597 SF)
Zoning code
R-3
APN
164-37-260
UPID
US07-0087352
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Willow Apartments Apartment Complex
-
Superior Business Development Consultant
-
Garage Door Solved™ Building Supply General Contractor
-
Fringe Mountain View Apartment Complex
-
Dugger Dog Training Animal Training
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$26.93M
Owner & transaction history
M3 Capital Group Acquisition Co 5 L · 4 yrs held
M3 Capital Group Acquisition Co 5 L
since 2022
Last sale
$26.7M
7 recorded transactions
Zoning & alternative use
R-3 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$27,470,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$26.93M
Range $24.23M – $29.62M · ±10% · vs last sale $26.65M (May 17 2022)
Last sale anchor
$26.65M
May 17 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$32,015 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$50
Assessed 2024
Previous assessed
$2,990
-98.3% YoY
Land market value
$250
Improvement market value
$250
Total market value
$500
Applied tax rate
381,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1969
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
841 SF
Lot
3.25 ac (141,597 SF)
Zoning code
R-3
APN
164-37-260
UPID
US07-0087352
Jurisdiction
MARICOPA
Zoning & alternative use
R-3 · Phoenix, AZ
Zoning R-3 · permitted uses
R-3 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
3.25 ac
Current owner
From public records · entity-resolved
M3 Capital Group Acquisition Co 5 L
Entity
Mailing address
4711 N 15TH ST APT #28, PHOENIX, AZ 85014-3755
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2026
—
Venture On 16th LLC
—
Deed
related
$13,036,000 · Colliers Mortgage LLC
May 17, 2022
$26,650,000
M3 Capital Group Acquisition Co 5 L
North Point 6315 LLC
Special Warranty Deed
—
Sep 4, 2020
—
North Point 6315 LLC
—
Deed
related
$10,049,000 · Orix R/e Cap
Nov 14, 2018
$7,430,000
North Point 6315 LLC
North Point Condo Assn
Trustees Deed
$8,300,000 · Walker & Dunlop Com'l Prop Fnd
Nov 14, 2018
—
Units Of North Point Condos
North Point Condo Assn
Quit Claim Deed
related
—
Dec 28, 2009
—
Daniel & Brook Finl Svcs INC
Parbanc
Quit Claim Deed
related
—
Dec 11, 2006
$5,350,000
New North Pt Condominium LLC
North Point Apartments Ptrs
Grant Deed
$87,500 · Ballard Family Trust (tr)
Nov 30, 1994
$2,950,000
Woodside Apartments Partners
North Pointe Apartments
Grant Deed
$288,000 · Seller
Dec 28, 1990
$1,900,000
Central Phoenix
Great Western Ba
Grant Deed
$1,672,000 · Great Western Bank
—
—
New North Pt Condominium LLC
—
Deed Of Trust
related
$118,500 · Pet Care Veterinary Group LLC
—
—
New North Pt Condominium LLC
—
Deed Of Trust
related
$27,500 · Popp Gerwain L Living Tr (tr)
—
—
New North Pt Condominium LLC
—
Deed Of Trust
related
$100,000 · Popp Gerwain L Living Tr (tr)
—
—
New North Pt Condominium LLC
—
Deed Of Trust
related
$220,750 · Randy P & Carol A Reynolds
—
—
New North Pt Condominium LLC
—
Deed Of Trust
related
$100,000 · Gregory D & Carole A Kerber
—
—
North Point 6315 LLC
—
Deed Of Trust
related
$10,049,000 · Orix R/e Cap
—
—
New North Pt Condominium LLC
—
Deed Of Trust
related
$72,500 · Brian D Lange
—
—
New North Pt Condominium LLC
—
Deed Of Trust
related
$64,000 · Marla L Gassner
—
—
New North Pt Condominium LLC
—
Deed Of Trust
related
$147,500 · Robert A Fox
—
—
New North Pt Condominium LLC
—
Deed Of Trust
related
$100,000 · Brian J & Orfelinda Kelly
—
—
New North Pt Condominium LLC
—
Deed Of Trust
related
$100,000 · Federman Harold & H Tr (tr)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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 6315 16th 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.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
