Financial
Distress signals
Property profile

8807 North Black Canyon Hwy Phoenix, AZ 85021

FOR SALE
Office buildings
Property ID
US07-0360394
2,280 SF 3.22 ac lot Built 1972
Last sale Sep 2022 · $4,900,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$39k
Tax billed · 2023
Assessed value · 2024$475k
Effective rate8.12%

Value estimate

· Sep 2026
$5.77M
$5.19M – $6.35M
NOI build-up
Gross scheduled income$252k
Vacancy & credit loss−$38k
Operating expenses−$80k
NOI · 1.79% cap applied$134k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$362/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$161 – $580
Qualifying comparables12

Cap rate analysis

How does the asset earn?
1.79%
$134k 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?
C-2
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 wid...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage18.7
Realty agency18.2
Hair Salon15.4

Location

8807 North Black Canyon Hwy Phoenix, AZ 85021
County assessor Recorded deeds · 3 transfers 12 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1533 Hatcher, Phoenix, AZ 85021-2167 $814,850 Jan 2025 1,859 SF
2020 Wn, Phoenix, AZ 85021-1927 $215,000 May 2024 1,500 SF
9630 19th, Phoenix, AZ 85021-1904 $2,000,000 Mar 2024 2,103 SF
9650 19th, Phoenix, AZ 85021-1904 $2,000,000 Mar 2024 1,860 SF
1502 Hatcher, Phoenix, AZ 85021-2189 $1,699,500 Jan 2023 3,314 SF
46 Hatcher, Phoenix, AZ 85021-2448 $470,000 Apr 2022 1,720 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?”
More about this property
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