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Financial
Distress signals
Property profile

915 N 16Th St Phoenix, AZ 85006

FOR LEASE
Strip malls
Property ID
US07-1176148
13,115 SF 0.68 ac lot Built 1948
Last sale May 2018 · $730,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A ground-level, single-story storefront totaling approximately 1,311 square feet, configured with central air conditioning and central heating, a high exposed ceiling, a private restroom, and in-floor drains. The building features front and rear parking access and a layout suitable for uses such as retail, service, office, and food-and-drink, consistent with C-1 zoning. The property is located at 915 N 16th Street near E Roosevelt St and N 16th St, with frontage/exposure to heavily traveled…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$10k
Tax billed · 2023
Assessed value · 2024$211k
Effective rate4.74%

Value estimate

· Oct 2026
$700k
$630k – $770k
Submarket $/SF estimate$1.75M
NOI build-up
Gross scheduled income$236k
Vacancy & credit loss−$24k
Operating expenses−$64k
NOI · 988,186.67% cap applied$148k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$255/SF
Submarket average, outlier-cleaned · 167 recorded sales of this use type
Observed band · Q1–Q3$117 – $460
Qualifying comparables5

Cap rate analysis

How does the asset earn?
988,186.67%
$148k 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-1
The purpose C-1 zone is to provide light neighborhood type retail and customer service uses designed to be compatible with each other and...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.5
Bakery10.8
Accounting Firm10.6

Location

915 N 16Th St Phoenix, AZ 85006
County assessor Recorded deeds · 1 transfer 5 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

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1720 Mcdowell, Phoenix, AZ 85006-3034 $1,120,500 Dec 2024 7,284 SF
1721 Mcdowell, Phoenix, AZ 85006-3035 $1,000,000 Sep 2023 24,957 SF
1708 Mcdowell, Phoenix, AZ 85006-3034 $1,000,000 Jul 2023 6,126 SF
1418 Mcdowell, Phoenix, AZ 85006-2937 $1,950,000 Mar 2023 9,185 SF
1102 Mcdowell, Phoenix, AZ 85006-2611 $245,000 May 2019 3,200 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?”
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