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Property profile & analytics
OFF-MARKET
Estimated value
$30,280,000
Schools
1245 Buckeye Rd Phoenix, AZ 85034-4102
Entity Owned
Free & Clear
Property ID
US07-2262982
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
1989
Construction
CONCRETE
Total area
75,011 SF
Lot
10.18 ac (443,387 SF)
Zoning code
CP/GCP
APN
115-42-136
UPID
US07-2262982
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
-
GateWay Community College-Central City Community College Technical School
-
Joe Keke Construction Services Construction Company
-
Year Up Arizona - Central City Campus Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$30.60M
Blend (final)
Blend
$30.28M
Owner & transaction history
MARICOPA COUNTY COMMUNITY COLLEGE DISTRICT
MARICOPA COUNTY COMMUNITY COLLEGE DISTRICT
Zoning & alternative use
CP/GCP · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$44.2M
+104.9%
Restaurant
$40.1M
+85.7%
Auto repair, garage
$31.7M
+46.9%
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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$21,570,000
Current use
OFFICE BUILDING
$44,195,000
Change: +105% · Conversion: Difficult
RESTAURANT
$40,055,000
Change: +86% · Conversion: Difficult
AUTO REPAIR, GARAGE
$31,695,000
Change: +47% · Conversion: Difficult
RETAIL STORES
$22,350,000
Change: +4% · Conversion: Difficult
MEDICAL BUILDING
$19,910,000
Change: -8% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$19,095,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$30.28M
Range $27.25M – $33.31M · ±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
$404 / 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
Assessed value
$4,287,734
Assessed 2024
Previous assessed
$3,507,990
+22.2% YoY
Land market value
$4,961,700
Improvement market value
$23,623,193
Total market value
$28,584,893
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
1989
Construction
CONCRETE
Heating
HOT WATER
Cooling
REFRIGERATOR
Buildings
3
Stories
1
Units
3
Total area
75,011 SF
Lot
10.18 ac (443,387 SF)
Zoning code
CP/GCP
APN
115-42-136
UPID
US07-2262982
Jurisdiction
MARICOPA
Zoning & alternative use
CP/GCP · Phoenix, AZ
Zoning CP/GCP · permitted uses
CP/GCP · 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.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$21.6M
OFFICE BUILDING
Est. value
$44.2M
RESTAURANT
Est. value
$40.1M
AUTO REPAIR, GARAGE
Est. value
$31.7M
RETAIL STORES
Est. value
$22.4M
MEDICAL BUILDING
Est. value
$19.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$19.1M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
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
1989
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
10.18 ac
Current owner
From public records · entity-resolved
MARICOPA COUNTY COMMUNITY COLLEGE DISTRICT
Individual
Free & Clear · 0 yrs held
Mailing address
2411 W 14TH ST, TEMPE, AZ 85281-6941
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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