Property profile

Phoenix, AZ 85053

OFF-MARKET
Flex space
Property ID
US07-2224619
31,946 SF Built 1988
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1988
Total area 31,946 SF
APN 207-42-322A
UPID US07-2224619

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Phoenix, AZ 85053
Phoenix metro PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$12.65M
Blend (final) Blend
$12.63M

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2025
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $17.1M +142.7%
Auto repair, garage $13.5M +92.1%
Office building $9.6M +36.4%

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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