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Property profile & analytics
OFF-MARKET
Estimated value
$15,835,000
Automotive properties
10305 Papago Fwy Avondale, AZ 85323-5310
Entity Owned
5-yr Hold
Free & Clear
Property ID
US07-1120607
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2003
Construction
CONCRETE
Total area
20,880 SF
Lot
11.76 ac (512,297 SF)
Zoning code
PAD
APN
102-54-042
UPID
US07-1120607
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
-
Nissan Charging Station Electric Vehicle Charging Station
-
N Restaurant
-
Avondale Nissan Service Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.57M
Blend (final)
Blend
$15.84M
Owner & transaction history
Lithia Real Estate INC · 5 yrs held
Lithia Real Estate INC
since 2021
Last sale
$15.8M
5 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)
$16.8M
+80.8%
Restaurant
$11.9M
+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
$15,900,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$16,755,000
Change: +81% · Conversion: Moderate
RESTAURANT
$11,905,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$15.84M
Range $14.25M – $17.42M · ±10% · vs last sale $15.80M (Mar 29 2021)
Last sale anchor
$15.80M
Mar 29 2021
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
$758 / 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
$154,480
Tax year 2023
Assessed value
$1,704,231
Assessed 2024
Previous assessed
$1,679,311
+1.5% YoY
Effective rate
9.06%
On assessed value
Land market value
$3,884,100
Improvement market value
$6,444,570
Total market value
$10,328,670
Applied tax rate
650,100.0000
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
2003
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
20,880 SF
Lot
11.76 ac (512,297 SF)
Zoning code
PAD
APN
102-54-042
UPID
US07-1120607
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
COMMERCIAL (GENERAL)
Est. value
$16.8M
RESTAURANT
Est. value
$11.9M
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
2003
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
11.76 ac
Current owner
From public records · entity-resolved
Lithia Real Estate INC
Entity
Free & Clear · 5 yrs held
Mailing address
150 N BARTLETT ST, MEDFORD, OR 97501-6015
Ownership since
2021
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
Mar 29, 2021
$15,800,000
Lithia Real Estate INC
Auto Re LLC
Warranty Deed
—
Oct 5, 2017
—
Auto-re 2 LLC
—
Deed
related
$3,335,617 · Jp Morgan Chase Bk
Oct 29, 2012
—
Auto-re 2 LLC
—
Deed Of Trust
related
$4,398,616 · J P Morgan Chase Bank
—
—
Auto-re 2 LLC
—
Deed Of Trust
related
$4,398,616 · J P Morgan Chase Bank
—
—
Auto-re 2 LLC
—
Loan Modification
related
$3,335,617 · Jp Morgan Chase Bk
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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