Financial
Distress signals
Property profile

8055 N 24Th Ave Phoenix, AZ 85021

FOR LEASE
Flex space
Property ID
US07-1002715
15,899 SF 6.46 ac lot Built 1980
Last sale Nov 2025 · $81,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 8055 N 24th Avenue in Phoenix is a flex building located within Black Canyon Business Park, offering combinations of office and warehouse space. The building was constructed in 1982 and has had substantial renovations, and it features extensive glass lines along with updated interior finishes. It is configured with grade-level loading for warehouse use and includes available layout options with warehouse configurations of approximately 1,209 to 3,117 square feet and office

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$70k
Tax billed · 2023
Assessed value · 2024$1.80M
Effective rate3.87%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$220/SF
Submarket average, outlier-cleaned · 486 recorded sales of this use type
Observed band · Q1–Q3$117 – $396
Qualifying comparables7

Cap rate analysis

How does the asset earn?
2,070,260.87%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IND.PK.
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency41.8
Building Supply34.4
Restaurant30.6

Location

8055 N 24Th Ave Phoenix, AZ 85021
County assessor Recorded deeds · 8 transfers 7 qualifying comp sales 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2336 Royal Palm, Phoenix, AZ 85021 $81,500,000 Aug 2025 10,336 SF
9619 21st, Phoenix, AZ 85021-1805 $2,500,000 May 2024 17,115 SF
1932 Wn, Phoenix, AZ 85021-1925 $1,930,000 May 2023 17,302 SF
2115 Mtn Vw, Phoenix, AZ 85021-1809 $2,425,000 May 2022 11,250 SF
10201 21st, Phoenix, AZ 85021-1827 $2,603,471 Jun 2021 23,064 SF
2033 Wn, Phoenix, AZ 85021-1900 $2,596,528 Jun 2021 24,000 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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