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Property profile & analytics
OFF-MARKET
Estimated value
$3,190,000
Warehouses
113 Buchanan St Phoenix, AZ 85004
Individually Owned
24-yr Hold
~
Est. High Equity
Property ID
US07-0408063
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1928
Construction
CONCRETE
Total area
13,750 SF
Lot
0.16 ac (6,863 SF)
Zoning code
C-DT
APN
112-26-014
UPID
US07-0408063
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
-
1st House Cleaning Services Phoenix Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.24M
Blend (final)
Blend
$3.19M
Owner & transaction history
Twenty-seven Sac Self-storage · 24 yrs held
Twenty-seven Sac Self-storage
since 2002
3 recorded transactions
Zoning & alternative use
C-DT · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Public/Zoning (MapServer)
Top alternative use upside
Office building
$4.2M
+16.5%
Retail stores
$4.1M
+14.8%
Medical building
$3.7M
+2.3%
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 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
WAREHOUSE, STORAGE
$3,570,000
Current use
OFFICE BUILDING
$4,155,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$4,095,000
Change: +15% · Conversion: Moderate
MEDICAL BUILDING
$3,650,000
Change: +2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,500,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$3.19M
Range $2.87M – $3.51M · ±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
$232 / 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
$11,436
Tax year 2023
Assessed value
$270,897
Assessed 2024
Previous assessed
$232,866
+16.3% YoY
Effective rate
4.22%
On assessed value
Land market value
$219,800
Improvement market value
$1,422,000
Total market value
$1,641,800
Applied tax rate
11,300.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1928
Construction
CONCRETE
Heating
NONE
Cooling
EVAPORATIVE
Buildings
2
Stories
2
Units
2
Total area
13,750 SF
Lot
0.16 ac (6,863 SF)
Zoning code
C-DT
APN
112-26-014
UPID
US07-0408063
Jurisdiction
MARICOPA
Zoning & alternative use
C-DT · Phoenix, AZZoning C-DT · permitted uses
C-DT · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Public/Zoning (MapServer)
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.6M
OFFICE BUILDING
Est. value
$4.2M
RETAIL STORES
Est. value
$4.1M
MEDICAL BUILDING
Est. value
$3.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1928
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Units
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Twenty-seven Sac Self-storage
Individual
Mailing address
207 E CLARENDON AVE, PHOENIX, AZ 85012-2072
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2012
—
Twenty-seven Sac Self-storage
—
Deed Of Trust
related
$32,388,040 · Us Life Insurance Co
Apr 10, 2002
$1,090,000
Twenty-seven Sac Self-storage
Five Sac Self-storage Corp
Grant Deed
$64,991,000 · Merrill Lynch Mortgage Corp
Dec 13, 2001
$1,180,340
Five Sas Self-storage
First Pacific Storage Group
Grant Deed
—
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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