Property profile

6427 Central Ave Phoenix, AZ 85042

OFF-MARKET
Commercial real estate
Property ID
US07-3047246
0.35 ac lot Built 1957
Entity Owned
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, located at 6427 S Central Avenue Unit 100, Phoenix, AZ, presents a compelling investment opportunity. The 0.35-acre lot (APN# 11407001A) boasts a 3,560 square foot building featuring three separate suites, each with its own entrance and exit. Ample parking is provided with 24 stalls, supplemented by convenient street-side parking. Large commercial windows maximize natural light and visibility from the excellent Central Avenue frontage. The building is equipped with three individual air conditioning units. The property benefits from C-2 zoning and convenient north-south alley access. Landscaping includes a bioswale maintained by the City of Phoenix. Currently occupied by tenants until February 1, 2026, this property offers immediate income potential. Situated along the planned South Central Light Rail Extension (slated for May 2025 operation), this location is poised for significant future growth. The Transit-Oriented Development (TOD) framework allows for a potential T5-5 rezoning, unlocking further redevelopment possibilities. This property is ideally suited for a variety of uses, including restaurants, coffee shops, bakeries, or private offices, capitalizing on its high visibility and prime location. The asking price is $1,400,000.

Property profile

Verified
Property type Commercial real estate
Year built 1957
Lot 0.35 ac (15,246 SF)
UPID US07-3047246

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
  • Insurance Agency
  • Real Estate Agency
  • Real Estate Agency
  • Insurance Agency
  • Real Estate Agency

Location

6427 Central Ave Phoenix, AZ 85042
Phoenix metro
Google Maps

Value estimations

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

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2025
$1.5M

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 6427 Central 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