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Property profile & analytics
OFF-MARKET
Estimated value
$1,925,000
Medical Office Space
10320 Mcdowell Rd Avondale, AZ 85392-4863
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US07-1968968
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Construction
CONCRETE
Total area
4,672 SF
Lot
0.03 ac (1,140 SF)
Zoning code
C-0
APN
102-32-105
UPID
US07-1968968
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
-
Arizona Southwest Construction Inc Construction Company General Contractor
-
Lynette 'Action' Jackson - Realtor®, RE/MAX, Certified Residential Specialist, Certified Probate Real Estate Specialist Real Estate Agency
-
In His Presence Christian Center Home Decor Store Party Supply Store
-
Palm Valley Family Dentistry Dental Office
-
Lora G. Johnson Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.93M
Owner & transaction history
Mcqueen Medical Properties · 21 yrs held
Mcqueen Medical Properties
since 2004
Last sale
$1.9M
5 recorded transactions
Zoning & alternative use
C-0 · Avondale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.1M
+74.4%
Neighborhood: shopping center
$1.5M
+24.0%
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
$1,925,000
ML approach
$1,925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,190,000
Current use
AUTO REPAIR, GARAGE
$2,075,000
Change: +74% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,475,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$1.93M
Range $1.73M – $2.12M · ±10% · vs last sale $1.93M (Oct 18 2024)
Last sale anchor
$1.93M
Oct 18 2024
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
$412 / 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
$3,882
Tax year 2023
Assessed value
$46,563
Assessed 2024
Previous assessed
$38,539
+20.8% YoY
Effective rate
8.34%
On assessed value
Land market value
$56,400
Improvement market value
$225,800
Total market value
$282,200
Applied tax rate
920,100.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2004
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
4,672 SF
Lot
0.03 ac (1,140 SF)
Zoning code
C-0
APN
102-32-105
UPID
US07-1968968
Jurisdiction
MARICOPA
Zoning & alternative use
C-0 · Avondale, AZ
Zoning C-0 · permitted uses
C-0 · Avondale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Avondale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2004
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Mcqueen Medical Properties
Entity
Mailing address
522 BENCHMARK DR, MOUNTAIN VILLAGE, CO 81435-9406
Ownership since
2004
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
Aug 17, 2004
$820,000
Mcqueen Medical Properties
Greenfield LLC
Grant Deed
related
—
Aug 16, 2004
—
Mcqueen Medical Properties LLC
Greenfield LLC
Grant Deed
related
$880,000 · Valley Commerce Bank
—
—
Mcqueen Medical Properties LLC
—
Loan Modification
related
$575,000 · Western St Bk
—
—
Mcqueen Medical Properties LLC
—
Deed Of Trust
related
$600,000 · National Bk/az
—
—
Mcqueen Medical Properties LLC
—
Deed Of Trust
related
$500,000 · National Bk/az
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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