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Property profile & analytics
OFF-MARKET
Estimated value
$43,745,000
Specialty properties
15620 25th Ave, Phoenix, AZ 85023-4227
Entity Owned
5-yr Hold
Property ID
US07-0882403
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1975
Construction
STEEL FRAME
Total area
2,290 SF
Lot
9.86 ac (429,414 SF)
Zoning code
PAD-13
APN
208-14-812A
UPID
US07-0882403
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
-
Nightingale on 25th Apartment Complex
-
Apartment Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$46.18M
Blend (final)
Blend
$43.75M
Owner & transaction history
Twentyfifth Owner LLC · 5 yrs held
Twentyfifth Owner LLC
since 2021
Last sale
$40.6M
7 recorded transactions
Zoning & alternative use
PAD-13 · Phoenix, 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 Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix 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
$46,760,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$43.75M
Range $39.37M – $48.12M · ±10% · vs last sale $40.63M (May 27 2021)
Last sale anchor
$40.63M
May 27 2021
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
$19,103 / 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
$131,086
Tax year 2023
Assessed value
$4,962,450
Assessed 2024
Previous assessed
$2,875,260
+72.6% YoY
Effective rate
2.64%
On assessed value
Land market value
$9,924,900
Improvement market value
$39,699,600
Total market value
$49,624,500
Applied tax rate
61,300.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1975
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
REFRIGERATOR
Buildings
14
Stories
1
Units
240
Total area
2,290 SF
Lot
9.86 ac (429,414 SF)
Zoning code
PAD-13
APN
208-14-812A
UPID
US07-0882403
Jurisdiction
MARICOPA
Zoning & alternative use
PAD-13 · Phoenix, AZ
Zoning PAD-13 · permitted uses
PAD-13 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
14
Units
240
Lot
9.86 ac
Current owner
From public records · entity-resolved
Twentyfifth Owner LLC
Entity
Mailing address
301 E BETHANY HOME RD STE B140, PHOENIX, AZ 85012-1200
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2024
—
Ready Capital Subsidiary Reit II Ll
—
Deed
related
—
May 27, 2021
$40,625,000
Twentyfifth Owner LLC
Greenway Springs LLC
Special Warranty Deed
$35,660,000 · Readycap Commercial LLC
Aug 19, 2019
$24,500,000
Greenway Springs LLC
Greenway Springs
Trustees Deed
related
$23,470,000 · Miscellaneous Ins Co
Oct 30, 2017
—
Greenway Springs
—
Deed
related
$2,350,000 · Dorn Michael S Trust (pt)
Nov 29, 1988
—
Federal Sav Home
Unknown
Grant Deed
related
—
Jan 6, 1988
$4,000,000
Apartments Lakes
Lakes
Grant Deed
related
—
Jun 1, 1987
$6,480,000
Rehabilita Lakes
Centu
Grant Deed
—
—
—
Greenway Springs
—
Deed Of Trust
related
$2,350,000 · Dorn Michael S Trust (pt)
—
—
Greenway Springs
—
Deed Of Trust
related
$4,550,000 · Private Lender
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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