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Property profile & analytics
FOR SALE
Grocery and convenience stores
11817 West Thunderbird Rd El Mirage, AZ 85335
Individually Owned
4-yr Hold
Free & Clear
Property ID
US07-2542870
For Sale
1 / 4
$750,000
11817 West Thunderbird Rd, El Mirage, AZ 85335
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1993
Construction
CONCRETE
Total area
2,303 SF
Lot
0.37 ac (16,049 SF)
Zoning code
UC
APN
501-35-026A
UPID
US07-2542870
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
-
LibertyX Bitcoin ATM Atm
-
Star Mini Mart Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$630k
Blend (final)
Blend
$610k
Owner & transaction history
Thuan T Ngo · 4 yrs held
Thuan T Ngo
since 2021
7 recorded transactions
Zoning & alternative use
UC · El Mirage, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$775,000
+6.5%
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 El Mirage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Mirage 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
NEIGHBORHOOD: SHOPPING CENTER
$725,000
Current use
RETAIL STORES
$775,000
Change: +7% · Conversion: Easy
MEDICAL BUILDING
$585,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$265 / 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
$4,869
Tax year 2023
Assessed value
$54,016
Assessed 2024
Previous assessed
$44,608
+21.1% YoY
Effective rate
9.01%
On assessed value
Land market value
$134,700
Improvement market value
$192,669
Total market value
$327,369
Applied tax rate
890,400.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
For Sale
Year built
1993
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
2,303 SF
Lot
0.37 ac (16,049 SF)
Zoning code
UC
APN
501-35-026A
UPID
US07-2542870
Jurisdiction
MARICOPA
Zoning & alternative use
UC · El Mirage, AZ
Zoning UC · permitted uses
UC · El Mirage, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Mirage. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$725,000
RETAIL STORES
Est. value
$775,000
MEDICAL BUILDING
Est. value
$585,000
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
MEDICAL 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
1993
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Thuan T Ngo
Individual
Free & Clear · 4 yrs held
Mailing address
13002 W LUCHANA DR, LITCHFIELD PARK, AZ 85340-5113
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
Mar 12, 2026
—
Thuan T Ngo
—
Deed
related
$250,000 · Kenwood Mortgage Investments INC
Aug 25, 2021
—
Thuan T Ngo
Ttngo Enterprise Partnership
Warranty Deed
—
Mar 20, 2017
—
Ttngo Enterprise Partnership
Thuan T Ngo
Warranty Deed
—
Sep 3, 2014
—
Nhan H Tran
Tran Muoi T Living Trust
Quit Claim Deed
related
—
Sep 3, 2014
$242,000
Thuan T Ngo
Tran,bill N
Warranty Deed
$182,000 · Bill N Tran
May 24, 2005
—
Tran,muoi T Trust
Tran,muoi T
Quit Claim Deed
related
—
—
—
Utz,edward S & Judith L
—
Deed Of Trust
related
$100,000 · Nhan H Tran
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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