Property profile

7102 Sherman St Phoenix, AZ 85043

OFF-MARKET
Office buildings
Property ID
US07-1956951
5,600 SF 4.95 ac lot Built 2000
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Total area 5,600 SF
Lot 4.95 ac (215,749 SF)
Zoning code A-1
APN 104-15-024
UPID US07-1956951

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
  • (Bike/Boat/Book/etc) Store Rental Equipment Company

Location

7102 Sherman St Phoenix, AZ 85043-4200
Phoenix metro Census 112510 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
by Request
Blend (final) Blend
$8.13M

Owner & transaction history

since 2022
Last sale
$6.9M
7 recorded transactions
2022
$6.9M
2022
Price N/A
2021
Price N/A
2020
Price N/A
2009
$125,000
2007
$1.3M
2005
$2.1M

Zoning & alternative use

A-1 · Phoenix, AZ
Zoning description

The purpose of A-1 zone is to provide industrial uses designed to serve the needs of the community for industrial activity not offensive to nearby commercial and residential uses

General category INDUSTRIAL

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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