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Property profile & analytics
OFF-MARKET
Estimated value
$7,985,000
Medical Office Space
9100 2nd St, Phoenix, AZ 85020-2446
Entity Owned
~
Est. High Equity
Property ID
US07-1502437
Property summary
AI-generated overview
North Mountain Medical Plaza offers exceptional medical office space for lease in Phoenix, Arizona. Located at 9100 N 2nd St, 85020, this property enjoys a highly desirable location within the Honor Health, John C. Lincoln North Mountain Hospital campus, providing unparalleled convenience and access to the affluent North Central & Bridal Path residential areas. The building totals 27,094 square feet, with multiple tenancy options available. Five individual suites are currently available, ranging in size from a minimum of 1,319 square feet to a maximum contiguous space of 1,463 square feet. A total of 5,660 square feet is currently vacant. The property offers ample surface and covered parking for tenants and their patients, along with on-site property management for streamlined operations. This is an ideal opportunity for medical professionals seeking modern, well-maintained office space in a thriving medical hub. The building is classified as a medical office building with multiple tenants. Interested parties should inquire about available suite sizes and lease terms.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1994
Construction
CONCRETE
Total area
29,604 SF
Lot
1.96 ac (85,249 SF)
Zoning code
C-2
APN
159-47-295C
UPID
US07-1502437
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
AKDHC Medical Clinic
-
Cardiovascular Consultants Ltd Medical Clinic
-
Rajendra Chalasani Physician Medical Clinic
-
Dr. Cary Belen Physician Medical Clinic
-
Milap Pokharel Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.10M
Blend (final)
Blend
$7.99M
Owner & transaction history
Phoenix 9100 Mp Wrk7 LLC
Phoenix 9100 Mp Wrk7 LLC
since 2026
7 recorded transactions
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$12.5M
+59.2%
Retail stores
$8.8M
+12.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$7,860,000
Current use
AUTO REPAIR, GARAGE
$12,510,000
Change: +59% · Conversion: Difficult
RETAIL STORES
$8,820,000
Change: +12% · Conversion: Difficult
WAREHOUSE, STORAGE
$7,685,000
Change: -2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,535,000
Change: -4% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,515,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$7.99M
Range $7.19M – $8.78M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$270 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$87,398
Tax year 2023
Assessed value
$1,025,951
Assessed 2024
Previous assessed
$896,002
+14.5% YoY
Effective rate
8.52%
On assessed value
Land market value
$728,700
Improvement market value
$5,489,186
Total market value
$6,217,886
Applied tax rate
61,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1994
Construction
CONCRETE
Heating
HOT WATER
Cooling
REFRIGERATOR
Stories
3
Total area
29,604 SF
Lot
1.96 ac (85,249 SF)
Zoning code
C-2
APN
159-47-295C
UPID
US07-1502437
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZ
Zoning C-2 · permitted uses
C-2 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$7.9M
AUTO REPAIR, GARAGE
Est. value
$12.5M
RETAIL STORES
Est. value
$8.8M
WAREHOUSE, STORAGE
Est. value
$7.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.5M
INDUSTRIAL (GENERAL)
Est. value
$6.5M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
3
Lot
1.96 ac
Current owner
From public records · entity-resolved
Phoenix 9100 Mp Wrk7 LLC
Entity
Mailing address
4500 DORR ST, TOLEDO, OH 43615-4040
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2026
—
Phoenix 9100 Mp Wrk7 LLC
Om Group LLC
Deed
related
$360,281,750 · Capital One NA
May 17, 2019
$7,000,000
Epc Sparti LLC
Chp N Mtn Az Mob Owner LLC
Grant Deed
—
Sep 30, 2014
—
Chp North Mtn Az Mob Owner LLC
—
Grant Deed
related
$54,960,000 · Miscellaneous Ins Co
Aug 19, 2013
$5,073,091
Chp North Mtn Az Mob LLC
Mmic Jcl Mob LLC
Warranty Deed
related
$3,530,000 · Prudential Insurance Co Americ
Apr 13, 2011
—
Mmic Jcl Mob LLC
—
Deed Of Trust
related
$9,960,000 · Fifth Third Bank
Feb 29, 2008
—
Mmic Jcl Mob LLC
John C Lincoln Health Network
Special Warranty Deed
—
Dec 28, 2005
—
John C Lincoln Health Network
Mission Dev Corp
Grant Deed
—
—
—
Mmic Jcl Mob LLC
—
Deed Of Trust
related
$10,550,000 · General Electric Capital Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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