Property profile

8242 Black Cyn Hwy Phoenix, AZ 85051

OFF-MARKET
Motels
Property ID
US07-0593382
4,868 SF 4.93 ac lot Built 1988
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1988
Construction STEEL FRAME
Total area 4,868 SF
Lot 4.93 ac (214,881 SF)
Zoning code C-2
APN 158-04-007H
UPID US07-0593382

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
  • Apartment Complex

Location

8242 Black Cyn Hwy Phoenix, AZ 85051-4836
Phoenix metro Census 105501 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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by Request
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Owner & transaction history

since 2020
Last sale
$15.8M
7 recorded transactions
2020
$12.6M
2020
$15.8M
2011
$5.1M
2008
Price N/A
2006
Price N/A
1998
Price N/A
1994
$150,000

Zoning & alternative use

C-2 · Phoenix, AZ
Zoning description

The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district

General category COMMERCIAL

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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