Property profile

7579 16th St Phoenix, AZ 85020

OFF-MARKET
Banks
Property ID
US07-1240411
6,987 SF 0.98 ac lot Built 1981
Trust Owned 33-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1981
Construction CONCRETE
Total area 6,987 SF
Lot 0.98 ac (42,651 SF)
Zoning code C-R
APN 164-22-027F
UPID US07-1240411

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
  • Bank Loan Service
  • Atm

Location

7579 16th St Phoenix, AZ 85020-4601
Phoenix metro Census 105102 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
$3.48M
Blend (final) Blend
$690k

Owner & transaction history

since 1992
1 recorded transaction
1992
Price N/A

Zoning & alternative use

C-R · Phoenix, AZ
Top alternative use upside
Commercial (general) $4.9M +30.9%
Restaurant $3.7M +0.4%

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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