NOT LISTED FOR SALE

Estimated Value: $3,416,260

Studio
-- Bath
11,545 Sq Ft
$296/Sq Ft Est. Value

Sale Details

Date Sold: November 5, 2025

Last sale price $3,500,000 $303 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $20,084 / mo

342 Days on Market

Highlights

  • Gated Community
  • 0.51 Acre Lot
  • Cafeteria
  • Phoenix Coding Academy Rated A
  • Community Kitchen
  • Ceramic Tile Flooring

About This Home

As of November 2025

Prime Investment Opportunity in Phoenix
Own this exceptional income-producing property located in the highly sought-after gateway to Camelback Corridor. Featuring a solid gold tenant with a 10-year NNN lease and impressive high operating income (NOI), this gem offers 4% annual increases and is situated in a high-traffic, high-rent district.
Property Highlights:
Open Retail Space: Versatile layout for various business.
Commercial Kitchen: Fully equipped for food service operations.
Ample Storage: Generous storage space to support business operations.
Offices Overlooking Operations: Functional offices with a clear view of the retail area.
Roll-Up Door: Convenient access for deliveries and logistics.
Fenced Rear Lot: Secure and private outdoor space. Turn key 1031 exchange!

Last Agent to Sell the Property

Rodica Bartels

Century 21 Northwest License #BR507907000 Listed on: 09/13/2024

Century 21 Northwest

Co-Listed By

John Crow

Century 21 Northwest License #SA635202000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $19,302

Year Built

  • Built in 1979

Lot Details

  • 22,063 Sq Ft Lot
  • Security Fence
  • Property is zoned C2

Home Design

  • 11,545 Sq Ft Home
  • Built-Up Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 14 Open Parking Spaces
  • 14 Parking Spaces
  • Public Parking
  • Private Parking
  • Free Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 155-21-072

Community Details

Overview

  • Building Dimensions are 259.91-84.47-260.55-84.92
  • Charann Tract Consolidated Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Showroom
  • Cafeteria

Building Details

  • Operating Expense $19,302
  • Gross Income $287,198
  • Net Operating Income $287,189

Security

  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$19,302

Year Built

Built in 1979

Lot Details

0.51 Acres

Listing Details

  • Cross Street: N 7th St and E Camelback Rd
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1979
  • Tax Year: 2023
  • Lot Size Acres: 0.51
  • Co List Office Mls Id: cere10
  • Subdivision Name: CHARANN TRACT CONSOLIDATED
  • Structure Type: Commercial
  • Railroad Available: Yes
  • Water Source City Franchise: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Concrete
  • Living Area: 11545.0

Exterior Features

  • Fencing: Security, Block
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Parking Lot, Paved, Private, Free, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 14.0
  • Total Parking Spaces: 14.0
  • General Property Description:Uncvrd Parking Spcs: 14.0
  • General Property Description:Total Parking Spcs: 14.0
  • Parking Features Paved Parking: Yes
  • Parking Features Private Parking: Yes
  • Parking Features Free: Yes
  • Parking Features Public Parking: Yes
  • Parking Features Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air, Office A/C
  • Heating: 2 or More Units, Electric
  • Green Building Features: Conference Room, Clean Room, Showroom, Cafeteria, Kitchen, Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size: 259.91-84.47-260.55-84.92
  • Lot Size Sq Ft: 22063.0
  • Parcel #: 155-21-072

Multi Family

  • Annual Gross Income: 287198.0
  • Property Net Operating Income: 287189.0
  • Annual Operating Expense: 19302.0

Tax Info

  • Tax Annual Amount: 19302.0
  • Tax Book Number: 155.00
  • Tax Lot: 1
  • Tax Map Number: 21.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Nov 3, 2025
Sold by
Bought by
Seller's Agent
Rodica Bartels
Century 21 Northwest
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$3,950,000
Sold Price
$3,500,000
Premium/Discount to List
-$450,000
-11.39%
Views
27
Current Estimated Value
$3,416,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,740
Avg. Annual Appreciation
-3.83%

Purchase Details

Closed on
Aug 29, 2024
Sold by
Bought by

Purchase Details

Closed on
Mar 9, 2023
Sold by
Bought by

Purchase Details

Closed on
Feb 23, 2023
Sold by
Bought by

Purchase Details

Closed on
Jun 9, 2020
Sold by
Bought by

Purchase Details

Closed on
Jan 6, 2020
Sold by
Bought by

Purchase Details

Closed on
Feb 18, 2014
Sold by
Bought by

Purchase Details

Closed on
May 11, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,186,000
Interest Rate
5.72%
Mortgage Type
Commercial
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,500,000 Chicago Title Agency
-- None Listed On Document
-- None Listed On Document
$2,400,000 Stewart Title & Trust Of Phoen
$2,400,000 Stewart Title & Trust Of Phoen
-- None Available
$1,650,000 Commonwealth Land Ttl Ins Co
-- None Available
$1,330,000 First American Title Ins Co
$1,330,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,186,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 Sold $3,500,000 -5.5% $303 / Sq Ft
08/21/2025 08/21/25 Pending -- -- --
05/19/2025 05/19/25 Price Changed $3,705,000 -1.5% $321 / Sq Ft
04/11/2025 04/11/25 Price Changed $3,762,000 -1.7% $326 / Sq Ft
02/27/2025 02/27/25 Price Changed $3,829,000 -1.5% $332 / Sq Ft
02/04/2025 02/04/25 Price Changed $3,889,000 -1.5% $337 / Sq Ft
09/13/2024 09/13/24 For Sale $3,950,000 -- $342 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,580 $150,291 -- --
2024 $19,302 $147,607 -- --
2023 $19,302 $296,752 $170,663 $126,089
2022 $19,277 $225,768 $139,633 $86,135
2021 $20,000 $233,154 $143,622 $89,532
2020 $19,688 $217,818 $127,584 $90,234
2019 $19,254 $151,308 $64,170 $87,138
2018 $18,782 $148,698 $61,182 $87,516
2017 $17,898 $148,860 $59,400 $89,460
2016 $17,280 $136,386 $53,100 $83,286
2015 $16,495 $116,828 $49,210 $67,618
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6756930

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-21-072

Your Personal Tour Guide

Ask me questions while you tour the home.