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Property profile & analytics
FOR LEASE
Office buildings
4236 N Verrado Way Buckeye, AZ 85396
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US07-1163242
For Lease
1 / 18
$40 SF/Yr
4236 N Verrado Way, Buckeye, AZ 85396
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Construction
CONCRETE
Total area
23,969 SF
Lot
1 ac (43,539 SF)
Zoning code
PC
APN
502-79-116A
UPID
US07-1163242
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.23M
Blend (final)
Blend
$8.18M
Owner & transaction history
Mainstreet Core Props LLC P · 11 yrs held
Mainstreet Core Props LLC P
since 2015
3 recorded transactions
Zoning & alternative use
PC · Buckeye, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$10.6M
+85.7%
Retail stores
$8.1M
+40.7%
Neighborhood: shopping center
$7.6M
+32.1%
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 Buckeye submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buckeye 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,735,000
Current use
AUTO REPAIR, GARAGE
$10,640,000
Change: +86% · Conversion: Difficult
RETAIL STORES
$8,065,000
Change: +41% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$7,570,000
Change: +32% · Conversion: Difficult
MEDICAL BUILDING
$6,105,000
Change: +6% · Conversion: Easy
INDUSTRIAL (GENERAL)
$5,505,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$8.18M
Range $7.36M – $8.99M · ±10%
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
$341 / 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
$72,580
Tax year 2023
Assessed value
$752,148
Assessed 2024
Previous assessed
$775,370
-3.0% YoY
Effective rate
9.65%
On assessed value
Land market value
$972,700
Improvement market value
$3,585,775
Total market value
$4,558,475
Applied tax rate
900,201.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2008
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
2
Total area
23,969 SF
Lot
1 ac (43,539 SF)
Zoning code
PC
APN
502-79-116A
UPID
US07-1163242
Jurisdiction
MARICOPA
Zoning & alternative use
PC · Buckeye, AZ
Zoning PC · permitted uses
PC · Buckeye, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buckeye. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.7M
AUTO REPAIR, GARAGE
Est. value
$10.6M
RETAIL STORES
Est. value
$8.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.6M
MEDICAL BUILDING
Est. value
$6.1M
INDUSTRIAL (GENERAL)
Est. value
$5.5M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
2008
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
2
Lot
1 ac
Current owner
From public records · entity-resolved
Mainstreet Core Props LLC P
Entity
Mailing address
7373 E DOUBLETREE RNCH RD STE #230, SCOTTSDALE, AZ 85258-2046
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2025
—
Mainstreet Core Properties LLC
—
Deed
related
$11,000,000 · Symetra Life Insurance Co
Apr 15, 2015
$4,600,000
Mainstreet Core Props LLC P
Dmb Verrado District Core
Grant Deed
$7,300,000 · Miscellaneous Ins Co
Sep 24, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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