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Property profile & analytics
OFF-MARKET
Estimated value
$3,355,000
Auto shops
11529 Bell Rd Surprise, AZ 85378-9606
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US07-1772408
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1987
Construction
CONCRETE
Total area
12,210 SF
Lot
1.73 ac (75,204 SF)
Zoning code
CR
APN
501-24-821A
UPID
US07-1772408
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.44M
Blend (final)
Blend
$3.36M
Owner & transaction history
Bell Auto Center LLC · 9 yrs held
Bell Auto Center LLC
since 2017
7 recorded transactions
Zoning & alternative use
CR · Surprise, AZ
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 Surprise submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Surprise 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
$5,420,000
Current use
Blend value · Realmo final
$3.36M
Range $3.02M – $3.69M · ±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
$275 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$25,527
Tax year 2022
Assessed value
$335,671
Assessed 2024
Previous assessed
$286,365
+17.2% YoY
Effective rate
7.60%
On assessed value
Land market value
$590,500
Improvement market value
$1,443,871
Total market value
$2,034,371
Applied tax rate
891,508.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1987
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
3
Stories
1
Total area
12,210 SF
Lot
1.73 ac (75,204 SF)
Zoning code
CR
APN
501-24-821A
UPID
US07-1772408
Jurisdiction
MARICOPA
Zoning & alternative use
CR · Surprise, AZZoning CR · permitted uses
CR · Surprise, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
municipal code
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$5.4M
AUTO REPAIR, GARAGE Current
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
1987
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Lot
1.73 ac
Current owner
From public records · entity-resolved
Bell Auto Center LLC
Entity
Mailing address
PO BOX 11508, NEWPORT BEACH, CA 92658-5032
Ownership since
2017
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
Feb 17, 2017
$1,625,000
Bell Auto Center LLC
Peiterson Keil LLC
Grant Deed
$1,137,500 · Desert Schools FCU
Dec 14, 2016
—
Gottlieb Surprise LLC
Gottlieb Family Trust
Quit Claim Deed
related
—
Feb 11, 2015
—
Mirkin,rachelle A Trust
Bernard B Mirkin
Quit Claim Deed
related
—
Feb 11, 2015
$1,375,000
Peiterson Keil LLC
Bogomilsky Family LLC
Grant Deed
$687,500 · Wells Fargo Bk
May 28, 2013
—
Bogomilsky Family LLC
Bogomilsky A & B J 197 Trust
Quit Claim Deed
related
—
May 10, 2013
—
Mirkin,rachelle A Trust
Bernard B Mirkin
Quit Claim Deed
related
—
Jan 14, 2013
—
Bogamilsky Family LLC
Bogomilsky A & B J 197 Trust
Quit Claim Deed
related
—
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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