1645 N 51ST Avenue, Phoenix, AZ 85035, Phoenix AZ 85035
ABSOLUTE NNN - JIFFY LUBE, a single-tenant leased property strategically located at 1645 North 51st Avenue in Phoenix, Arizona. This absolute NNN investment offers a rare opportunity to acquire a zero-management asset with long-term, contractually escalating income. This is a long-standing tenant operating at the location since 2008. Tenant covers all building and property maintenance, including roof, structure, taxes, parking, etc. ±1,936 SF freestanding automotive service building on ±0.38 acres. Excellent Visibility on North 51st Avenue, just north of West McDowell Road. 33,435 Vehicles Per
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Phoenix
This property is offered at $981 per square foot, compared with a $5 median for active listings without a reported bedroom count in Phoenix. Its asking price falls near the 90th percentile of that active group. The comparison uses 566 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $325,000, and the median is $224 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 4945 W Berkeley Road, Phoenix, AZ 85035 | Aug 28, 2026 | 3 bd · 1,298 sqft | $247,000 | 0.0 mi |
| 4941 W GRANADA Road, Phoenix, AZ 85035 | Apr 24, 2026 | 3 bd · 1,923 sqft | $256,000 | 0.1 mi |
| 5136 W GRANADA Road, Phoenix, AZ 85035 | Jun 11, 2026 | 4 bd · 1,450 sqft | $340,000 | 0.1 mi |
| 4870 W ALMERIA Road, Phoenix, AZ 85035 | Apr 23, 2026 | 4 bd · 1,284 sqft | $373,000 | 0.2 mi |
| 2102 N 50TH Lane, Phoenix, AZ 85035 | Jul 2, 2026 | 4 bd · 1,447 sqft | $310,000 | 0.2 mi |
| 4832 W HUBBELL Street, Phoenix, AZ 85035 | Aug 25, 2026 | 4 bd · 1,053 sqft | $355,000 | 0.3 mi |
| 1621 N 53RD Drive, Phoenix, AZ 85035 | Apr 15, 2026 | 3 bd · 1,212 sqft | $195,000 | 0.3 mi |
| 1621 N 53RD Drive, Phoenix, AZ 85035 | Jul 22, 2026 | 3 bd · 1,212 sqft | $360,000 | 0.3 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $1,899,000 · Active
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