Property profile

675 16th St Phoenix, AZ 85006

OFF-MARKET
Specialty properties
Property ID
US07-1609579
3,433 SF 1.92 ac lot Built 2012
Entity Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 2012
Construction STEEL FRAME
Total area 3,433 SF
Lot 1.92 ac (83,494 SF)
Zoning code R-4
APN 116-16-070
UPID US07-1609579

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
  • Apartment Complex

Location

675 16th St Phoenix, AZ 85006-3611
Phoenix metro Census 113301 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
$22.58M
Blend (final) Blend
$21.31M

Owner & transaction history

since 2012
1 recorded transaction
2012
Price N/A

Zoning & alternative use

R-4 · Phoenix, AZ
Zoning description

The purpose of R-4 is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes

General category RESIDENTIAL

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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