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Property profile & analytics
OFF-MARKET
Estimated value
$20,385,000
Hotels
10838 25th Ave, Phoenix, AZ 85029-4746
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US07-3416605
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1998
Construction
STEEL FRAME
Total area
72,957 SF
Lot
2.77 ac (120,574 SF)
Zoning code
C-2
APN
149-07-059
UPID
US07-3416605
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
-
Hyatt Place Phoenix-North Hotel & Motel
-
Camelback Ranch Gym & Fitness Center Sports Field & Court
-
Arizona vacation High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$20.84M
Blend (final)
Blend
$20.39M
Owner & transaction history
Ahp Real 3 Phoenix Hp Spv LLC · 7 yrs held
Ahp Real 3 Phoenix Hp Spv LLC
since 2018
7 recorded transactions
Zoning & alternative use
C-2 · Phoenix, 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 Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix 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
AUTO REPAIR, GARAGE
$30,830,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$20.39M
Range $18.35M – $22.42M · ±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
$279 / 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
$142,131
Tax year 2023
Assessed value
$1,610,776
Assessed 2024
Previous assessed
$1,396,142
+15.4% YoY
Effective rate
8.82%
On assessed value
Land market value
$1,980,700
Improvement market value
$7,781,576
Total market value
$9,762,276
Applied tax rate
61,300.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
4
Units
2
Total area
72,957 SF
Lot
2.77 ac (120,574 SF)
Zoning code
C-2
APN
149-07-059
UPID
US07-3416605
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZ
Zoning C-2 · permitted uses
C-2 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$30.8M
AUTO REPAIR, GARAGE
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
1998
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
4
Buildings
2
Units
2
Lot
2.77 ac
Current owner
From public records · entity-resolved
Ahp Real 3 Phoenix Hp Spv LLC
Entity
Mailing address
12800 HOSPITALITY LN, OCEAN CITY, MD 21842
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2018
$12,500,000
Ahp Real 3 Phoenix Hp Spv LLC
Summit Hotel Op LP
Grant Deed
$46,200,000 · Societe Generale
Oct 16, 2012
$10,345
Summit Hotel Op LP
Stanhope LLC
Grant Deed
—
Jan 25, 2005
—
Stanhope LLC
Building Exchange
Grant Deed
—
Jan 25, 2005
$5,000,000
Building Exchange Co
Bre Of Amerisuites Properties LLC
Grant Deed
—
Jan 3, 2005
—
Prime Hospitality LLC
Bre Of Esa P Portfolio LLC
Quit Claim Deed
related
—
Nov 23, 2004
—
Bre Of Amerisuites Properties LLC
Prime Hospitality LLC
Grant Deed
$361,158,000 · Bank Of America
Feb 23, 2000
—
Vjb Properties I LLC
Burr,vincent J
Grant Deed
related
—
Nov 19, 1997
$1,217,358
Brown Trout Investments Ltd
Perini-eagle L P
Grant Deed
$6,800,000 · Seller
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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