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Property profile & analytics
OFF-MARKET
Estimated value
$42,185,000
Showrooms
101 103rd Ave, Tolleson, AZ 85353-9201
Entity Owned
3-yr Hold
Free & Clear
Property ID
US07-0986486
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1999
Construction
CONCRETE
Total area
276,950 SF
Lot
15.22 ac (663,060 SF)
Zoning code
I-1
APN
101-03-004H
UPID
US07-0986486
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Independent Can Company at Tolleson AZ Distribution Center Logistics Company
-
Phillips Pet Food & Supplies Supply LLC Distribution Center Logistics Company
-
Title Loans Tolleson by TLCs Loan Service
-
Bothwell Transport Road Service Commercial Truck Roadside Repair Truck and Trailer Repair Commercial Truck Repair Phoenix AZ Auto Repair Shop
-
BT Trans Road Service Commercial Truck Roadside Repair Truck and Trailer Repair Commercial Diesel Truck Repair Phoenix Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$30.34M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$42.19M
Owner & transaction history
101 North Az LLC · 3 yrs held
101 North Az LLC
since 2023
Last sale
$45.8M
5 recorded transactions
Zoning & alternative use
I-1 · Tolleson, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tolleson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tolleson submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$46,810,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$32,865,000
6.5%
$30,335,000
7%
$28,170,000
Blend value · Realmo final
$42.19M
Range $37.97M – $46.40M · ±10% · vs last sale $45.80M (Jul 5 2023)
Last sale anchor
$45.80M
Jul 5 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$152 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$295,018
Tax year 2023
Assessed value
$4,885,535
Assessed 2024
Previous assessed
$4,624,187
+5.7% YoY
Effective rate
6.04%
On assessed value
Land market value
$3,248,600
Improvement market value
$26,360,700
Total market value
$29,609,300
Applied tax rate
171,700.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1999
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
276,950 SF
Lot
15.22 ac (663,060 SF)
Zoning code
I-1
APN
101-03-004H
UPID
US07-0986486
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Tolleson, AZ
Zoning I-1 · permitted uses
I-1 · Tolleson, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tolleson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
15.22 ac
Current owner
From public records · entity-resolved
101 North Az LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1800 WAZEE ST STE #500, DENVER, CO 80202-2526
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2023
$45,800,000
101 North Az LLC
Colfin 2017 7 Industrial Owner LLC
Special Warranty Deed
—
Feb 8, 2022
—
Colfin 2017 7 Industrial Owner LLC
—
Deed
related
—
Dec 20, 2019
—
Colfin 2017 7 Industrial Owner LLC
—
Deed
related
—
Jul 7, 2017
$19,500,000
Colfin 2017-7 Indl Owner L
Dct-az 2004 Rn Portfolio U
Grant Deed
—
Oct 7, 2004
$9,718,036
Dct-az 2004 Rn Portfolio U LLC
Cabot Industrial Venture B LLC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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