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Property profile & analytics
OFF-MARKET
Estimated value
$6,480,000
Automotive properties
10685 Papago Fwy, Avondale, AZ 85323-5313
Entity Owned
3-yr Hold
Free & Clear
Property ID
US07-0822153
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2005
Construction
CONCRETE
Total area
10,412 SF
Lot
4.42 ac (192,682 SF)
Zoning code
PAD
APN
102-54-045E
UPID
US07-0822153
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
-
Service Department at Ken Garff Kia Avondale Auto Repair Shop Vehicle Inspection Center
-
Parts Department at Ken Garff Kia Avondale Auto Parts Store
-
Ken Garff Kia Avondale Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.76M
Blend (final)
Blend
$6.48M
Owner & transaction history
Hoppy Avondale LLC · 3 yrs held
Hoppy Avondale LLC
since 2022
Last sale
$6.5M
7 recorded transactions
Zoning & alternative use
PAD · Avondale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.4M
+80.8%
Restaurant
$5.9M
+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
$6,445,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$4,625,000
Current use
COMMERCIAL (GENERAL)
$8,355,000
Change: +81% · Conversion: Moderate
RESTAURANT
$5,935,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$6.48M
Range $5.83M – $7.13M · ±10% · vs last sale $6.50M (Dec 12 2022)
Last sale anchor
$6.50M
Dec 12 2022
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
$622 / 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
$85,771
Tax year 2023
Assessed value
$962,712
Assessed 2024
Previous assessed
$907,511
+6.1% YoY
Effective rate
8.91%
On assessed value
Land market value
$1,776,500
Improvement market value
$4,058,120
Total market value
$5,834,620
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
2005
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
7
Stories
2
Units
2
Total area
10,412 SF
Lot
4.42 ac (192,682 SF)
Zoning code
PAD
APN
102-54-045E
UPID
US07-0822153
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Avondale, AZ
Zoning PAD · permitted uses
PAD · 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
AUTO REPAIR, GARAGE Current
Est. value
$4.6M
COMMERCIAL (GENERAL)
Est. value
$8.4M
RESTAURANT
Est. value
$5.9M
AUTO REPAIR, GARAGE Current
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
2005
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
2
Buildings
7
Units
2
Lot
4.42 ac
Current owner
From public records · entity-resolved
Hoppy Avondale LLC
Entity
Free & Clear · 3 yrs held
Mailing address
111 E BROADWAY STE #900, SALT LAKE CITY, UT 84111-5235
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2022
$6,500,000
Hoppy Avondale LLC
Earnhardt Properties Limited Partne
Special Warranty Deed
—
Jul 15, 2013
$3,450,000
Lge Motors LP LP
D & B Family Props Lllp
Grant Deed
—
Jul 15, 2013
$3,250,000
Earnhardt Properties Limited Partne
Lge Motors LP
Special Warranty Deed
$2,730,000 · Jpmorgan Chase Bank NA
May 14, 2010
—
D & B Family Properties Lllp
—
Deed Of Trust
related
$6,680,000 · Wells Fargo Bank
Jan 29, 2010
—
D & B Family Properties Lllp
—
Deed Of Trust
related
$5,595,000 · Wells Fargo Bank
Aug 20, 2008
—
D & B Family Properties Lllp
D & B Family Properties Lllp
Quit Claim Deed
related
$4,107,147 · Wells Fargo Bank
—
—
D & B Family Properties Lllp
—
Deed Of Trust
related
$950,000 · Wells Fargo 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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