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Property profile & analytics
OFF-MARKET
Estimated value
$1,840,000
Office buildings
10101 Bell Rd 36 Sun City, AZ 85351-1295
Entity Owned
Free & Clear
Property ID
US07-0435072
Property summary
AI-generated overview
This exceptional 19,427 square foot commercial lot, located at the hard corner of Bell and Boswell Roads in Sun City, Arizona (APN 230-03-261), presents a unique investment opportunity. Situated in a high-traffic area with over 60,000 vehicles per day, this C-2 zoned property benefits from its visibility and accessibility to Surprise daytime commuters. The previous building has been removed, offering a clean slate for development. The property is available for a ground lease or a reverse build-to-suit arrangement, providing flexibility for potential buyers or tenants. Its strategic location on Bell Road, a rare find, makes this a highly desirable site for a variety of commercial ventures. The property's address is 10101 W Bell Rd, Sun City, AZ 85351, within Maricopa County. This is an excellent chance to establish a presence in a thriving commercial area with significant daily traffic volume. Serious inquiries are encouraged to explore the possibilities of this prime commercial land parcel. The site is ready for immediate development, offering a significant advantage to prospective developers. Contact us to discuss your vision for this exceptional property.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1976
Construction
CONCRETE
Total area
8,614 SF
Lot
0.93 ac (40,685 SF)
Zoning code
C-2
APN
230-03-261
UPID
US07-0435072
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
$2.46M
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$1.84M
Owner & transaction history
Hodag Properties LLC
Hodag Properties LLC
since 2025
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
C-2 · Sun City, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.3M
+59.4%
Neighborhood: shopping center
$2.2M
+58.0%
Industrial (general)
$2.0M
+39.6%
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 Sun City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sun City 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
$1,510,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,655,000
6.5%
$2,455,000
7%
$2,275,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,415,000
Current use
MEDICAL BUILDING
$2,260,000
Change: +59% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,240,000
Change: +58% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,980,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$1.84M
Range $1.66M – $2.02M · ±10% · vs last sale $1.75M (Jun 5 2025)
Last sale anchor
$1.75M
Jun 5 2025
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
$214 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$13,876
Tax year 2022
Assessed value
$169,406
Assessed 2024
Previous assessed
$151,759
+11.6% YoY
Effective rate
8.19%
On assessed value
Land market value
$970,500
Improvement market value
$56,200
Total market value
$1,026,700
Applied tax rate
150,007.0000
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
Off-Market
Year built
1976
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
8,614 SF
Lot
0.93 ac (40,685 SF)
Zoning code
C-2
APN
230-03-261
UPID
US07-0435072
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Sun City, AZZoning C-2 · permitted uses
C-2 · Sun City, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
INDUSTRIAL (GENERAL)
Est. value
$2.0M
OFFICE BUILDING Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1976
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
0.93 ac
Current owner
From public records · entity-resolved
Hodag Properties LLC
Entity
Free & Clear · 0 yrs held
Mailing address
101 E NORTHVIEW AVE, PHOENIX, AZ 85020-4833
Ownership since
2025
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
Sep 19, 2025
$1,454,500
Hodag Properties LLC
10101 W Bell Partners LLC
Special Warranty Deed
—
Sep 5, 2025
$1,750,000
Strr Investments LLC
10101 W Bell Partners LLC
Special Warranty Deed
—
Nov 20, 2023
—
10101 W Bell Partners LLC
10101 W Bell Partners LLC
Deed
related
—
Dec 3, 2021
$1,180,000
10101 W Bell Partners LLC
10101 W Bell LLC
Special Warranty Deed
—
Nov 27, 2012
$1,115,000
10101 W Bell LLC
Shediac,rawy
Warranty Deed
—
Feb 14, 2008
—
Rawy Shediac
Rayes,gabriel & Mary
Warranty Deed
—
Apr 17, 2002
$980,000
Gmr LLC
Wells Fargo Bank Arizona
Grant Deed
—
Apr 21, 1993
$533,100
Independent Banks Of Arizona
Caliber Bank
Trustees 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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