Realmo Analytics
Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.
We will call you to discuss how Realmo analytics may help you.
Property summary
This exceptional 16-unit apartment building, located at 845 N 2nd Ave, Phoenix, AZ 85003, presents a compelling investment opportunity in the heart of Downtown Phoenix. Built in 1916, this two-story building boasts 13,696 square feet of net rentable space, offering a price per square foot of $346.82. The property sits on a 0.31-acre lot and is zoned R-3. Currently generating a Net Operating Income (NOI) of $250,290, with a pro-forma NOI of $259,528, this asset offers a strong return on… investment. The asking price is $4,750,000, translating to $296,875 per unit. Benefiting from its prime location within the Innovation Corridor, the property enjoys proximity to major employers such as Banner Health, UnitedHealth Group, and Wells Fargo, as well as the Phoenix Bioscience Core and Arizona State University's Downtown Phoenix campus. Its central location provides easy walkability to Roosevelt Row, known for its vibrant arts and culture scene. This historic building offers a blend of renovated interiors and classic charm, making it an attractive option for residents seeking a downtown lifestyle. The property's APN is 111-40-090 | 111-40-088. There are no ground lease obligations. This is a rare opportunity to acquire a well-positioned multifamily asset in a rapidly growing urban core.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Oct 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 0.15 ac
- APN
- 111-40-088
- Zoning
- DTC-E-ROO
- Assessed value · 2024
- $38,260
- Annual tax · 2023
- $1,151
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The Roosevelt East character area is comprised of a mixture of historic buildings with larger blocks of land with high-rise entitlements. The area will serve as a transition zone from the smaller scale Roosevelt South an…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
The PDF can’t be displayed here
Use Download PDF or Open in new tab above to view the sample report.