New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,145,000
Retail space
10040 Metro W Pkwy 100, Phoenix, AZ 85051-1406
Entity Owned
3-yr Hold
Free & Clear
Property ID
US07-1538186
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1983
Construction
CONCRETE
Total area
7,605 SF
Lot
0.83 ac (36,241 SF)
Zoning code
C-2
APN
149-16-393
UPID
US07-1538186
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
-
JARS Phoenix Metrocenter (Bike/Boat/Book/etc) Store
-
Tompkins No Line Productions Video Editing Service
-
Weed Delivery cannabis store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.32M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.15M
Owner & transaction history
J A M Detroit Properties LLC · 3 yrs held
J A M Detroit Properties LLC
since 2022
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
C-2 · 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
$1,085,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,435,000
6.5%
$1,320,000
7%
$1,230,000
Blend value · Realmo final
$1.15M
Range $1.03M – $1.26M · ±10% · vs last sale $1.09M (Aug 4 2022)
Last sale anchor
$1.09M
Aug 4 2022
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
$151 / 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
$15,056
Tax year 2023
Assessed value
$201,445
Assessed 2024
Previous assessed
$156,330
+28.9% YoY
Effective rate
7.47%
On assessed value
Land market value
$1,246,800
Improvement market value
$767,650
Total market value
$2,014,450
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1983
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
7,605 SF
Lot
0.83 ac (36,241 SF)
Zoning code
C-2
APN
149-16-393
UPID
US07-1538186
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZ
Zoning C-2 · permitted uses
C-2 · 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
1983
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
J A M Detroit Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
400 HAMILTON ROW STE #300, BIRMINGHAM, MI 48009-3438
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2022
$1,085,256
J A M Detroit Properties LLC
10040 N Metro Parkway W LLC
Warranty Deed
—
Sep 26, 2016
$4,500,000
10040 N Metro Parkway W LLC
Jtb Real Estate Lllp
Grant Deed
—
Sep 23, 2016
—
Jtb Real Estate Lllp
Azre1 LLC
Deed In Lieu Of Foreclosure
$1,150,000 · Anthony Yousif
Dec 11, 2015
$5,999,000
Azre1 LLC
Jtb Real Estate Lllp
Grant Deed
$4,999,000 · Private Individual
Aug 28, 2013
$480,000
Jtb Real Estate Lllp
J & M Mgmt LLC Mgmt
Grant Deed
—
Feb 2, 2009
—
J & M Management LLC
Lehmann Alfred & M Trust
Quit Claim Deed
related
—
Oct 7, 2008
—
Alfred Lehmann
Lehmann,manamoana
Quit Claim Deed
related
—
—
—
Azre1 LLC
—
Loan Modification
related
$4,999,000 · Jtb Real Estate Lllp
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10040 Metro W Pkwy, Unit 100?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
