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Property profile & analytics
OFF-MARKET
Estimated value
$2,135,000
Warehouses
10515 98th Ave Peoria, AZ 85345-6101
Entity Owned
11-yr Hold
Free & Clear
Property ID
US07-0021560
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1973
Construction
CONCRETE
Total area
6,090 SF
Lot
0.89 ac (38,938 SF)
Zoning code
C-4
APN
142-54-024D
UPID
US07-0021560
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
-
Easy Storage in Peoria Self STorage Storage Facility
-
EZ Stor Mini Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.18M
Blend (final)
Blend
$2.14M
Owner & transaction history
Ez Stor Combined Invs LLC · 11 yrs held
Ez Stor Combined Invs LLC
since 2015
7 recorded transactions
Zoning & alternative use
C-4 · Peoria, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
General Commercial District (C-4). The C-4 District is intended to facilitate a wide range of retail, office, service establishments, and other uses not suitable to be located adjacent to residential zones but necessary to accommodate the larger community. This district is particularly suitable along Grand Avenue and Bell Road where uses are primarily relate…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
135.69 ac
Source
Chapter 21 ZONING
Top alternative use upside
Restaurant
$3.5M
+178.6%
Commercial (general)
$3.3M
+165.8%
Auto repair, garage
$2.5M
+101.2%
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 Peoria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Peoria 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
RESTAURANT
$3,470,000
Change: +179% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,315,000
Change: +166% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,505,000
Change: +101% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,320,000
Change: +86% · Conversion: Moderate
MEDICAL BUILDING
$1,475,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$2.14M
Range $1.92M – $2.35M · ±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
$351 / 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
$5,944
Tax year 2023
Assessed value
$252,417
Assessed 2024
Previous assessed
$166,634
+51.5% YoY
Effective rate
2.35%
On assessed value
Land market value
$213,200
Improvement market value
$1,316,600
Total market value
$1,529,800
Applied tax rate
111,208.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1973
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
6,090 SF
Lot
0.89 ac (38,938 SF)
Zoning code
C-4
APN
142-54-024D
UPID
US07-0021560
Jurisdiction
MARICOPA
Zoning & alternative use
C-4 · Peoria, AZZoning C-4 · permitted uses
C-4 · Peoria, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
General Commercial District (C-4). The C-4 District is intended to facilitate a wide range of retail, office, service establishments, and other uses not suitable to be located adjacent to residential zones but necessary to accommodate the larger community. This district is particularly suitable along Grand Avenue and Bell Road where uses are primarily related to auto-borne clientele and by nature, create a high degree of turning movement. H.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
135.69 ac
Source
Chapter 21 ZONING
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$1.5M
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1973
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
0.89 ac
Current owner
From public records · entity-resolved
Ez Stor Combined Invs LLC
Entity
Free & Clear · 11 yrs held
Mailing address
1650 E LAMAR RD, PHOENIX, AZ 85016-1016
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2015
—
Ez Stor Combined Invs LLC
Cb Ez Stor Investments LLC
Quit Claim Deed
related
—
Jan 3, 2007
—
Cb Ez Stor Investments LLC
Braswell C Allen Trust
Warranty Deed
$3,711,500 · Imperial Capital Bank
Sep 14, 2006
$32,655
Braswell C Allen Trust
Pg 98th Avenue Investments LLC
Warranty Deed
—
Sep 14, 2006
$27,143
Braswell C Allen Trust
4345 Kansas Street LLC
Warranty Deed
—
Sep 14, 2006
$93,098
Braswell C Allen Trust
Jd 98th Avenue Investments LLC
Warranty Deed
—
Sep 13, 2006
$74,873
Stephen B Warfield
Pg 98th Avenue Investments LLC
Warranty Deed
—
Sep 13, 2006
$213,441
Stephen B Warfield
Jd 98th Avenue Investments LLC
Warranty Deed
—
Sep 13, 2006
$112,371
Rogers Scott & Margo Family
4345 Kansas Street LLC
Warranty Deed
—
Sep 13, 2006
$320,601
Rogers Scott & Margo Family
Jd 98th Avenue Investments LLC
Warranty Deed
—
Sep 13, 2006
$62,225
Stephen B Warfield
4345 Kansas Street LLC
Warranty Deed
—
Jan 11, 2005
$1,440,000
Jd 98th Avenue Investments LLC
Ez Self Storage LLC
Warranty Deed
—
—
—
Ez Stor Combined Invs LLC
—
Deed Of Trust
related
—
—
—
Ez Stor Investments LLC
—
Deed Of Trust
related
$3,711,500 · City National Bank
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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