Property profile

7677 16th St Phoenix, AZ 85020

OFF-MARKET
Hotels
Property ID
US07-0500344
23,376 SF 6.7 ac lot Built 1976
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL-RESORT
Year built 1976
Construction CONCRETE
Total area 23,376 SF
Lot 6.7 ac (291,958 SF)
Zoning code R-5
APN 164-22-019C
UPID US07-0500344

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
  • Atm
  • Factory Industrial Manufacturer
  • Rental Equipment Company Tech Support Center
  • Parking Lot & Garage
  • Atm

Location

7677 16th St Phoenix, AZ 85020-4434
Phoenix metro Census 105102 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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
$11.05M

Owner & transaction history

since 2024
3 recorded transactions
2025
Price N/A
2024
$11.3M
2024
$39.5M

Zoning & alternative use

R-5 · Phoenix, AZ
Zoning description

The purpose of R-5 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 COMMERCIAL
Top alternative use upside
Commercial (general) $16.3M +33.7%
Restaurant $12.5M +2.5%

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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