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Property profile & analytics
OFF-MARKET
Office buildings
124 Mcdowell Rd Phoenix, AZ 85003-1213
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-0935222
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Construction
CONCRETE
Total area
1,000 SF
Lot
0.22 ac (9,538 SF)
Zoning code
DTC-MCD-1
APN
118-56-097
UPID
US07-0935222
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
-
Turnkey Color Marketing & Advertising Printing Service
-
Jill Lauren Photography Photography Service (Bike/Boat/Book/etc) Store
-
Vermillion Photographic Photography Service (Bike/Boat/Book/etc) Store
-
Tevis PhotoGraphic, llc Photography Service (Bike/Boat/Book/etc) Store
-
Willo Studio (Bike/Boat/Book/etc) Store Photography Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
124 W Mcdowell Rd LLC · 1 yrs held
124 W Mcdowell Rd LLC
since 2024
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
DTC-MCD-1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,784
Tax year 2023
Assessed value
$80,009
Assessed 2024
Previous assessed
$52,207
+53.3% YoY
Effective rate
7.23%
On assessed value
Land market value
$269,100
Improvement market value
$215,800
Total market value
$484,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1960
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
1,000 SF
Lot
0.22 ac (9,538 SF)
Zoning code
DTC-MCD-1
APN
118-56-097
UPID
US07-0935222
Jurisdiction
MARICOPA
Zoning & alternative use
DTC-MCD-1 · Phoenix, AZ
Zoning DTC-MCD-1 · permitted uses
DTC-MCD-1 · 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.
Building & site characteristics
From public records
Year built
1960
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
124 W Mcdowell Rd LLC
Entity
Mailing address
7145 N 57TH DR, GLENDALE, AZ 85301-2561
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2024
$1,000,000
124 W Mcdowell Rd LLC
Esperance Mapendo
Special Warranty Deed
—
Dec 30, 2024
—
Esperance Mapendo
Trinity Extended Family INC
Special Warranty Deed
—
Feb 23, 2023
$1,425,000
Trinity Extended Family INC
Vermillion Holdings LLC
Special Warranty Deed
$830,000 · Capital Fund I LLC
Feb 26, 2019
—
Vermillion Holdings LLC
Vermillion Trust
Quit Claim Deed
—
May 13, 2016
—
Vermillion Trust
—
Deed
related
$270,000 · National Bk/az
Jan 25, 2005
—
Daniel A Vermillion
Daniel A Vermillion JR
Intrafamily Transfer
related
$225,000 · National Bank Of Arizona
Oct 11, 1994
$120,000
Daniel A Vermillion JR.
First Interstate Bank
Grant Deed
$163,195 · National Bank Canada
—
—
Vermillion Trust
—
Deed Of Trust
related
$270,000 · National Bk/az
—
—
Daniel A Vermillion
—
Deed Of Trust
related
$40,000 · National Bank Arizona
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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