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Property profile & analytics
FOR LEASE
Specialty properties
10702 W Peoria Ave, Sun City, AZ 85351
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-1186106
For Lease
1 / 2
$635,000
10702 W Peoria Ave, Sun City, AZ 85351
View Listing →
Property profile
Verified
Property type
Specialty properties
Use group
CREMATORIUM, MORTUARY
Year built
1966
Construction
CONCRETE
Total area
4,436 SF
Lot
0.66 ac (28,934 SF)
Zoning code
C-2
APN
142-80-465
UPID
US07-1186106
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
-
Emerald Isle Health & Recovery Medical Clinic
-
Dave Heating And Air Conditioning Hardware & Home Improvement General Contractor
-
Legacy Funeral Home - Sun City Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$635k
Owner & transaction history
Fateh INC · 4 yrs held
Fateh INC
since 2021
Last sale
$635,000
7 recorded transactions
Zoning & alternative use
C-2 · Sun City, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Sun City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sun City 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
$640,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$965,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$880,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$725,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $635k (Oct 14 2021)
Last sale anchor
$635k
Oct 14 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
$143 / 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
$10,268
Tax year 2023
Assessed value
$182,029
Assessed 2024
Previous assessed
$121,873
+49.4% YoY
Effective rate
5.64%
On assessed value
Land market value
$738,900
Improvement market value
$364,304
Total market value
$1,103,204
Applied tax rate
150,007.0000
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
Specialty properties
Use group
CREMATORIUM, MORTUARY
Status
For Lease
Year built
1966
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
4,436 SF
Lot
0.66 ac (28,934 SF)
Zoning code
C-2
APN
142-80-465
UPID
US07-1186106
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Sun City, AZ
Zoning C-2 · permitted uses
C-2 · Sun City, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sun City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$965,000
WAREHOUSE, STORAGE
Est. value
$880,000
OFFICE BUILDING
Est. value
$725,000
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
OFFICE 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
1966
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Fateh INC
Entity
Mailing address
1025 CINNABAR DR, CASTLE ROCK, CO 80108-3115
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2021
$635,000
Fateh INC
10702 Peoria Ave LLC
Special Warranty Deed
$475,000 · Alerus Financial NA
Sep 24, 2021
—
1374 Arizona Ave LLC
—
Deed
related
$2,432,000 · Alerus Financial NA
Jan 22, 2019
—
10702 Peoria Ave LLC
—
Deed
related
$761,172 · Horizon Cmnty Bk
Oct 23, 2015
$600,000
10702 Peoria Ave LLC
Mountain Arroyo Investments LLC
Re-recorded Document
related
—
Oct 22, 2015
$600,000
10702 Peoria Ave LLC
Mountain Arroyo Investments LLC
Warranty Deed
$610,000 · Horizon Community Bank INC
Feb 12, 2013
$227,500
Mountain Arroyo Invs LLC In
Wells Fargo
Grant Deed
—
—
—
10702 Peoria Ave LLC
—
Loan Modification
related
$761,172 · Horizon Cmnty 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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