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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Warehouses
11925 Grand Ave El Mirage, AZ 85335-2979
Individually Owned
10-yr Hold
Free & Clear
Property ID
US07-0978458
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Construction
CONCRETE
Total area
3,960 SF
Lot
0.19 ac (8,319 SF)
Zoning code
UC
APN
501-26-069
UPID
US07-0978458
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
-
J & J discount tires (Bike/Boat/Book/etc) Store Auto Parts Store
-
Forest's Heating & Air Conditioning Hardware & Home Improvement General Contractor
-
A Zone Auto Glass Car Detail and Tint Auto Repair Shop
-
Empire Ink Tattoo Tattoo & Piercing Shop
-
Lolo Fresh Auto detail and tint Interior Design Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$860k
Blend (final)
Blend
$845k
Owner & transaction history
Yousif A Yousif · 10 yrs held
Yousif A Yousif
since 2015
7 recorded transactions
Zoning & alternative use
UC · El Mirage, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.3M
+64.4%
Neighborhood: shopping center
$1.3M
+54.3%
Medical building
$1.0M
+24.4%
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
WAREHOUSE, STORAGE
$810,000
Current use
RETAIL STORES
$1,330,000
Change: +64% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,250,000
Change: +54% · Conversion: Moderate
MEDICAL BUILDING
$1,010,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$945,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$845k
Range $761k – $930k · ±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
$213 / 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
$8,343
Tax year 2023
Assessed value
$85,718
Assessed 2024
Previous assessed
$73,610
+16.4% YoY
Effective rate
9.73%
On assessed value
Land market value
$64,400
Improvement market value
$455,100
Total market value
$519,500
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1986
Construction
CONCRETE
Heating
NONE
Cooling
EVAPORATIVE
Buildings
3
Stories
1
Units
3
Total area
3,960 SF
Lot
0.19 ac (8,319 SF)
Zoning code
UC
APN
501-26-069
UPID
US07-0978458
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
WAREHOUSE, STORAGE Current
Est. value
$810,000
RETAIL STORES
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING
Est. value
$945,000
WAREHOUSE, STORAGE Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1986
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
0.19 ac
Current owner
From public records · entity-resolved
Yousif A Yousif
Individual
Free & Clear · 10 yrs held
Mailing address
14443 N 135TH DR, SURPRISE, AZ 85379-8431
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2015
$643,000
Yousif A Yousif
Hanna,albert
Warranty Deed
—
Oct 22, 2009
$670,245
Albert Hanna
Herrera,juan & Sylvia
Warranty Deed
—
Oct 22, 2009
—
Juan Herrera
El Mirage Dev Group LLC
Quit Claim Deed
related
—
May 19, 2008
—
Juan Herrera
Herrera,juan & Sylvia
Quit Claim Deed
related
—
Dec 18, 2006
$600,000
Juan Herrera
Bush Alger L Trust
Warranty Deed
$602,000 · Bush Alger L Trust (tr)
Apr 27, 1999
—
Alger L Bush
Bush Trust
Quit Claim Deed
related
—
Dec 13, 1996
$225,000
Alger L Bush
Bill E & Sue Stone
Grant Deed
$20,723 · Seller
Dec 22, 1993
$190,000
Bill Stone
American Savings
Grant Deed
$160,000 · American Savings Life Ins
Jan 11, 1993
$140,000
American Savings Life Insurance
Martinez
Grant Deed
related
—
Dec 29, 1992
$140,000
American Savings Life Insurance
Martinez
Grant Deed
related
—
May 9, 1989
—
Gloria Martinez
Unknown
Grant 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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