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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
12825 Grand Ave Surprise, AZ 85374-7040
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-0397991
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1974
Construction
CONCRETE
Total area
2,009 SF
Lot
0.37 ac (16,250 SF)
Zoning code
SHD-CO
APN
501-22-005A
UPID
US07-0397991
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Reliable Machinery Works LLC · 2 yrs held
Reliable Machinery Works LLC
since 2024
Last sale
$350,000
7 recorded transactions
Zoning & alternative use
SHD-CO · Surprise, 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 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
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
$2,349
Tax year 2023
Assessed value
$30,455
Assessed 2024
Previous assessed
$24,522
+24.2% YoY
Effective rate
7.71%
On assessed value
Land market value
$93,300
Improvement market value
$109,652
Total market value
$202,952
Applied tax rate
891,500.0000
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
Off-Market
Year built
1974
Construction
CONCRETE
Heating
SPACE
Cooling
EVAPORATIVE
Stories
1
Total area
2,009 SF
Lot
0.37 ac (16,250 SF)
Zoning code
SHD-CO
APN
501-22-005A
UPID
US07-0397991
Jurisdiction
MARICOPA
Zoning & alternative use
SHD-CO · Surprise, AZ
Zoning SHD-CO · permitted uses
SHD-CO · Surprise, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Surprise. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
CONCRETE
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Reliable Machinery Works LLC
Entity
Mailing address
19818 W BELINDA AVE, SUN CITY WEST, AZ 85387-9786
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2024
$350,000
Reliable Machinery Works LLC
Ashley Elliot
Warranty Deed
—
Aug 14, 2023
—
Ashley Elliott
—
Deed
related
$269,500 · Jml Enterprise LLC
Mar 6, 2023
$275,000
Ashley Elliot
Dennis R Arismendez
Re-recorded Document
related
$220,924 · Renew Lending INC
Oct 13, 2020
—
Miranda Trust
Joanne Miranda
Quit Claim Deed
related
—
May 21, 2020
—
Aleyka Y Miranda
—
Deed
related
$220,924 · Renew Lndg INC
May 20, 2020
$275,000
Ashley Elliot
Dennis R Arismendez
Warranty Deed
$225,000 · Dennis R Arismendez
Jul 21, 2014
—
Dennis R Arismendez
Arismendez,sally R
Quit Claim Deed
related
—
Apr 19, 2011
$140,000
Ctrl Cu Arizona
Mcnichol,christopher M
Trustees Deed
related
—
Jul 11, 2001
$410,000
Nelu Ardelean
Derossett,calvin & Sarah
Grant Deed
$350,000 · Calvin & Sarah
—
—
Aleyka Y Miranda
—
Deed Of Trust
related
$220,924 · Renew Lndg INC
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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