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Property profile & analytics
OFF-MARKET
Estimated value
$13,065,000
Automotive properties
10101 Papago Fwy Avondale, AZ 85323-5306
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-0822086
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2001
Construction
CONCRETE
Total area
24,093 SF
Lot
11.34 ac (493,803 SF)
Zoning code
PAD
APN
102-54-031
UPID
US07-0822086
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
-
Avondale Auto Group Car Dealership
-
LoanZone Avondale Loan Service
-
Larry H. Miller Dodge Ram Avondale Fleet Car Dealership
-
Mopar Wholesale Parts Auto Parts Store (Bike/Boat/Book/etc) Store
-
Larry H. Miller Chrysler Jeep Avondale-Collision Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.52M
Blend (final)
Blend
$13.07M
Owner & transaction history
Lhm Adr LLC · 4 yrs held
Lhm Adr LLC
since 2022
Last sale
$13.1M
4 recorded transactions
Zoning & alternative use
PAD · Avondale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
designee shall serve as guidelines for site and architectural design in all districts. 28-77-28-90 - Reserved. Article 6 - PLANNED AREA DEVELOPMENT DISTRICT 28-111 - Purpose. The purpose of the Planned Area Development (PAD) District is to promote the development of mixed-use developments and/or residential subdivisions that include residential, commercial o…
Zone name
Planned Area Development
General category
MIXED_USE
Zone area
10,309.27 ac
Source
code of ordinances
Top alternative use upside
Commercial (general)
$19.3M
+80.8%
Restaurant
$13.7M
+28.4%
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 Avondale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avondale 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
$12,990,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$10,700,000
Current use
COMMERCIAL (GENERAL)
$19,335,000
Change: +81% · Conversion: Moderate
RESTAURANT
$13,735,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$13.07M
Range $11.76M – $14.37M · ±10% · vs last sale $13.10M (Jan 11 2022)
Last sale anchor
$13.10M
Jan 11 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
$542 / 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
$140,622
Tax year 2023
Assessed value
$1,515,344
Assessed 2024
Previous assessed
$1,514,530
+0.1% YoY
Effective rate
9.28%
On assessed value
Land market value
$3,283,500
Improvement market value
$5,900,400
Total market value
$9,183,900
Applied tax rate
170,100.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2001
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
5
Stories
1
Units
5
Total area
24,093 SF
Lot
11.34 ac (493,803 SF)
Zoning code
PAD
APN
102-54-031
UPID
US07-0822086
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Avondale, AZZoning PAD · permitted uses
PAD · Avondale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
designee shall serve as guidelines for site and architectural design in all districts. 28-77-28-90 - Reserved. Article 6 - PLANNED AREA DEVELOPMENT DISTRICT 28-111 - Purpose. The purpose of the Planned Area Development (PAD) District is to promote the development of mixed-use developments and/or residential subdivisions that include residential, commercial or business park development according to an overall plan. It is the intent of the P
Zone name
Planned Area Development
General category
MIXED_USE
Zone area
10,309.27 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$10.7M
COMMERCIAL (GENERAL)
Est. value
$19.3M
RESTAURANT
Est. value
$13.7M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
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
2001
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
5
Units
5
Lot
11.34 ac
Current owner
From public records · entity-resolved
Lhm Adr LLC
Entity
Mailing address
2905 PREMIERE PKWY STE #300, DULUTH, GA 30097-5240
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 11, 2022
$13,100,000
Lhm Adr LLC
Miller Family Real Estate LLC
Special Warranty Deed
$1,000,000 · Bank Of America NA
Jun 28, 2021
—
Miller Family Real Estate LLC
—
Deed
related
$425,000,000 · Comerica Bank
Apr 21, 2021
$13,500,000
Miller Family Real Estate LLC
Moreland Arizona Properties LLC
Special Warranty Deed
—
Sep 14, 2011
—
Moreland Arizona Props LLC
Moreland Properties LLC
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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