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    801 1st Ave Phoenix, AZ 85003-1401
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    Property profile & analytics

    801 1st Ave, Phoenix, AZ 85003-1401

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    • Office buildings
    • 3,300 SF
    • 0.24 lot acres
    Off-Market
    Last Sale Nov 30, 2023
    $1,450,000
    Property ID
    US07-0740408
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,680,000
    Show details
    Cap Rate Potential
    3%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Budoff & Ross / Law Firm
    • Terribile Michael / Law Firm
    • Lorenz Law Firm, P.C. / Law Firm
    • Peterson Tonya J / Law Firm
    • The Summit Consulting Group Inc. / Consultant

    Property Details for 801 1st Ave

    Year built
    1910
    Construction
    CONCRETE
    Lot size
    0.24 lot acres
    Property size
    3,300 SF
    Zone code
    DTC-GTWY
    Property type
    Office buildings
    APN
    111-40-052
    APU
    11140052

    Description

    This exceptional Class A retail space, located at 801 N 1st Ave in Phoenix, Arizona, offers a unique opportunity within a vibrant urban mixed-use development. The property, built in 2023, boasts a total of 24,556 square feet, currently entirely vacant and ready for immediate occupancy. The space is divisible to a minimum of 5,500 square feet and offers a maximum contiguous space of 6,740 square feet, ideal for a variety of retail concepts. Situated in Maricopa County, with a zip code of 85003, this two-story building is part of a larger development encompassing a 23-story residential high-rise and a 5-story mid-rise. The development includes 388 residential units, creating a built-in customer base for retail tenants. The existing retail space includes the 6,500 square foot McKinley Medical Building, ensuring a strong foundation for the development's retail component. The remaining 5,500 square feet of street-level retail space, envisioned for restaurants and boutique shops, provides an excellent opportunity to establish a presence in a thriving urban environment. This property presents a rare chance to secure prime retail space in a brand-new, high-profile development in the heart of Phoenix. The address is 801 N 1st Ave, Phoenix, AZ 85003.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,040,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,741,000
      Market price range: $422k - $1.74M
      AI Estimate
      $1,725,000
      Market price range: $412k - $1.73M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,625,000
      AUTO REPAIR, GARAGE
      $1,395,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.075
    Latitude
    33.4569
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,971
    $0.00
    $0.00
    $265,590
    -
    $1,050,000
    $559,636
    $1,609,636
    More about this property
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