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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Warehouses
3106 Lincoln St, Phoenix, AZ 85009-5625
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-0344269
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1982
Total area
3,150 SF
Lot
0.79 ac (34,248 SF)
Zoning code
I-1
APN
109-56-001
UPID
US07-0344269
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
-
Christian Brothers Restoration LLC Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$970k
Owner & transaction history
Lincoln St Industrial LLC · 5 yrs held
Lincoln St Industrial LLC
since 2021
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
I-1 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+17.8%
Retail stores
$940,000
+10.4%
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
$965,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$850,000
Current use
AUTO REPAIR, GARAGE
$1,000,000
Change: +18% · Conversion: Easy
RETAIL STORES
$940,000
Change: +10% · Conversion: Moderate
MEDICAL BUILDING
$835,000
Change: -2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$800,000
Change: -6% · Conversion: Moderate
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±10% · vs last sale $900k (Jan 22 2021)
Last sale anchor
$900k
Jan 22 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
$308 / 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
$9,224
Tax year 2023
Assessed value
$175,692
Assessed 2024
Previous assessed
$111,860
+57.1% YoY
Effective rate
5.25%
On assessed value
Land market value
$331,300
Improvement market value
$733,500
Total market value
$1,064,800
Applied tax rate
211,300.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1982
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
3,150 SF
Lot
0.79 ac (34,248 SF)
Zoning code
I-1
APN
109-56-001
UPID
US07-0344269
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Phoenix, AZ
Zoning I-1 · permitted uses
I-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$850,000
AUTO REPAIR, GARAGE
Est. value
$1.0M
RETAIL STORES
Est. value
$940,000
MEDICAL BUILDING
Est. value
$835,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$800,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
0.79 ac
Current owner
From public records · entity-resolved
Lincoln St Industrial LLC
Entity
Mailing address
340 S LEMON AVE #4320, WALNUT, CA 91789-2706
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
Dec 21, 2021
—
Lincoln St Industrial LLC
—
Deed
related
$700,000 · Standard Insurance Co
Jan 22, 2021
$900,000
Lincoln St Industrial LLC
Lines LLC
Grant Deed
—
May 30, 2018
—
Lines LLC
—
Deed
related
$300,000 · Joseph Lines
Apr 29, 2002
$325,000
Lines LLC
Sylvia Bowen Estate
Grant Deed
$292,500 · Wells Fargo Bank Arizona
May 13, 1999
—
Pruett Trust
Pruett,junior R & Ann
Quit Claim Deed
related
—
Dec 8, 1998
$320,000
Charlie E Bowen
380 Fort Lowell Office Plaza
Grant Deed
$228,000 · National Bank Arizona
May 18, 1998
$125,000
Rusty Pruett
Pruett,j R & Lois A
Grant Deed
related
$89,000 · Seller
Jun 14, 1993
$111,000
Fort Lowell Office Plaza Partner
Southwest Saving
Grant Deed
$83,250 · Resolution Trust Corp (rtc)
—
—
Lines LLC
—
Deed Of Trust
related
$300,000 · Joseph Lines
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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