5320 N 16TH Street, Phoenix, AZ 85016, Phoenix AZ 85016
1.14 acres in the Camelback Corridor - Currently 19630 sq ft two story office building with ample parking - mostly rented office space - Can be excellent for current use, update or redevelopment - Solid location just off SR-51 and the Camelback Corridor - high demand office/business area - perfect for professional style business - New development and new business in this neighborhood - other space available - 700 to 2016 sq ft - can adjust to suit - $15/sq ft 2nd floor and $16/sq ft 1st floor - ready for occupancy.
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 $255 per square foot, compared with a $5 median for active listings without a reported bedroom count in Phoenix. Its asking price falls near the 91st percentile of that active group. The comparison uses 564 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 $485,000, and the median is $296 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 |
|---|---|---|---|---|
| 5234 N 15th Street, Phoenix, AZ 85014 | Sep 3, 2026 | 3 bd · 2,357 sqft | $837,000 | 0.1 mi |
| 5321 N 14th Place, Phoenix, AZ 85014 | Jun 29, 2026 | 4 bd · 2,130 sqft | $798,000 | 0.1 mi |
| 5550 N 16TH Street 162, Phoenix, AZ 85016 | Apr 29, 2026 | 2 bd · 1,236 sqft | $350,500 | 0.1 mi |
| 5550 N 16TH Street 171, Phoenix, AZ 85016 | Jul 9, 2026 | 3 bd · 1,530 sqft | $450,000 | 0.2 mi |
| 5550 N 16th Street 142, Phoenix, AZ 85016 | Sep 28, 2026 | 2 bd · 1,248 sqft | $420,000 | 0.2 mi |
| 5550 N 16TH Street 134, Phoenix, AZ 85016 | Sep 15, 2026 | 2 bd · 1,841 sqft | $544,000 | 0.2 mi |
| 5550 N 16TH Street 123, Phoenix, AZ 85016 | Jul 16, 2026 | 3 bd · 1,858 sqft | $520,000 | 0.2 mi |
| 1701 E COLTER Street 303, Phoenix, AZ 85016 | Sep 28, 2026 | 2 bd · 790 sqft | $234,000 | 0.2 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.
- $4,999,000 · Active
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