Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

7000 N 16Th St Phoenix, AZ 85020

FOR LEASE
Strip malls
Property ID
US07-0973769
6,000 SF 2.58 ac lot Built 1993
Last sale Jun 2003
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a commercial retail building in Phoenix, Arizona, configured to provide multiple retail spaces. It contains five available units with sizes ranging from 1,920 square feet to 4,560 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$80k
Tax billed · 2023
Assessed value · 2024$1.19M
Effective rate6.70%

Value estimate

· Oct 2026
$595k
$536k – $655k
Submarket $/SF estimate$2.76M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$255/SF
Submarket average, outlier-cleaned · 167 recorded sales of this use type
Observed band · Q1–Q3$117 – $460

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?
C-1
The purpose C-1 zone is to provide light neighborhood type retail and customer service uses designed to be compatible with each other and...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.7
Electrical Service10.5
Parking Facility9.5

Location

7000 N 16Th St Phoenix, AZ 85020
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
536 Dunlap, Phoenix, AZ 85020-2961 $2,100,000 Aug 2024 3,198 SF
7830 12th, Phoenix, AZ 85020-4223 $3,800,000 Jun 2024 26,680 SF
8524 7th, Phoenix, AZ 85020-3109 $1,875,000 Nov 2023 12,268 SF
8949 7th, Phoenix, AZ 85020-2911 $2,700,000 Jul 2023 7,500 SF
8911 Central, Phoenix, AZ 85020-2862 $695,000 May 2020 5,192 SF
9126 Cave Crk, Phoenix, AZ 85020-2525 $820,000 Feb 2019 10,244 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?”
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
Why this one?
Saved
Reason not saved — we won't ask again