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Property profile

8929 Central Ave Phoenix, AZ 85020

OFF-MARKET
Commercial real estate
Property ID
US07-3485434
View Sample
3,475 SF 0.64 ac lot Built 2001
Entity Owned Free & Clear

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2001
Construction CONCRETE
Total area 3,475 SF
Lot 0.64 ac (27,766 SF)
Zoning code C-2
APN 160-50-199
UPID US07-3485434

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
  • Restaurant
  • Barber Shop
  • Barber Shop
  • Electrical Service General Contractor
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$680k
Comparable Approach Comparable
by Request
Blend (final) Blend
$960k

Owner & transaction history

since 2026
Last sale
$1.2M
6 recorded transactions
2026
$800,000
2022
$1.2M
2007
Price N/A
2006
$1.1M
2003
$325,000
2003
Price N/A

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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