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Property profile & analytics
OFF-MARKET
Estimated value
$1,875,000
Office buildings
10485 Roosevelt St Avondale, AZ 85323-5006
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-2541647
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2016
Construction
CONCRETE
Total area
5,376 SF
Lot
13.73 ac (598,101 SF)
Zoning code
CP
APN
102-55-018
UPID
US07-2541647
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
-
Copper State Rubber Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.87M
Blend (final)
Blend
$1.88M
Owner & transaction history
Jl Interests LLC · 8 yrs held
Jl Interests LLC
since 2017
2 recorded transactions
Zoning & alternative use
CP · Avondale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
r uses that provide employment opportunities, including general office and industrial, and retail and commercial uses supporting these primary uses. The following employment districts are established: (a) Commerce Park (CP). The purpose of the Commerce Park District is to accommodate employment uses including administrative, medical, and research industries,…
Zone name
Commerce Park
General category
INDUSTRIAL
Zone area
43.04 ac
Source
code of ordinances
Top alternative use upside
Restaurant
$3.1M
+142.5%
Auto repair, garage
$2.4M
+88.9%
Neighborhood: shopping center
$1.7M
+34.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,265,000
Current use
RESTAURANT
$3,065,000
Change: +143% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,385,000
Change: +89% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,700,000
Change: +34% · Conversion: Difficult
MEDICAL BUILDING
$1,370,000
Change: +8% · Conversion: Easy
RETAIL STORES
$1,305,000
Change: +3% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,235,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.88M
Range $1.69M – $2.06M · ±10%
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
$349 / 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
$260,034
Tax year 2023
Assessed value
$3,074,264
Assessed 2024
Previous assessed
$2,722,023
+12.9% YoY
Effective rate
8.46%
On assessed value
Land market value
$3,382,900
Improvement market value
$15,249,000
Total market value
$18,631,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2016
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
5,376 SF
Lot
13.73 ac (598,101 SF)
Zoning code
CP
APN
102-55-018
UPID
US07-2541647
Jurisdiction
MARICOPA
Zoning & alternative use
CP · Avondale, AZZoning CP · permitted uses
CP · Avondale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
r uses that provide employment opportunities, including general office and industrial, and retail and commercial uses supporting these primary uses. The following employment districts are established: (a) Commerce Park (CP). The purpose of the Commerce Park District is to accommodate employment uses including administrative, medical, and research industries, offices, hotels and light manufacturing. Associated support commercial uses are a
Zone name
Commerce Park
General category
INDUSTRIAL
Zone area
43.04 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.3M
RESTAURANT
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
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
2016
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
13.73 ac
Current owner
From public records · entity-resolved
Jl Interests LLC
Entity
Mailing address
14141 S WAYSIDE DR, HOUSTON, TX 77048-5707
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2017
—
Jl Interests LLC
—
Deed
related
$2,500,000 · Gar Co
—
—
Jl Interests LLC
—
Deed Of Trust
related
$2,500,000 · Gar Co
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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