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Property profile & analytics
FOR LEASE
Commercial real estate
10201 S 51St St, Phoenix, AZ 85044
Entity Owned
1-yr Hold
Free & Clear
Property ID
US07-1531645
For Lease
$19 SF/Yr
10201 S 51St St, Phoenix, AZ 85044
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
2.44 ac (106,417 SF)
Zoning code
IND.PK.
APN
301-41-333
UPID
US07-1531645
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
-
Worldox (Bike/Boat/Book/etc) Store Corporate Office
-
The Empowerment Group, LLC Counselor Family Counselor
-
Farmers Insurance - Christopher Kamin Insurance Agency
-
Advanced Mediation Solutions, PLC Law Firm
-
Heartland Business Systems Tech Support Center IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
70 Canyon Rock LLC · 1 yrs held
70 Canyon Rock LLC
since 2024
5 recorded transactions
Zoning & alternative use
IND.PK. · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,121
Tax year 2023
Assessed value
$333,812
Assessed 2024
Previous assessed
$333,812
+0.0% YoY
Effective rate
3.03%
On assessed value
Land market value
$2,023,100
Total market value
$2,023,100
Applied tax rate
281,300.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Heating
NONE
Lot
2.44 ac (106,417 SF)
Zoning code
IND.PK.
APN
301-41-333
UPID
US07-1531645
Jurisdiction
MARICOPA
Zoning & alternative use
IND.PK. · Phoenix, AZ
Zoning IND.PK. · permitted uses
IND.PK. · 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
Heating
NONE
Lot
2.44 ac
Current owner
From public records · entity-resolved
70 Canyon Rock LLC
Entity
Free & Clear · 1 yrs held
Mailing address
10201 S 51ST ST STE #257, PHOENIX, AZ 85044-5217
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2024
—
70 Canyon Rock LLC
David German
Warranty Deed
—
Jun 5, 2013
$5,100,000
Ssm Properties II LLC
I-10 Corp Center LLC
Grant Deed
—
Mar 29, 2012
$4,025,000
I-10 Corp Center LLC
Lpc West LLC
Grant Deed
—
May 15, 2009
—
Pacific Spectrum LLC
—
Grant Deed
related
$5,915,000 · Chase Manhatta Tr #1999-1 (tr)
Jul 17, 1995
$4,200,000
No So INC
Sierra Pension Investors
Trustees Deed
$2,500,000 · No New Mortgage
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?”
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