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Property profile & analytics
OFF-MARKET
Estimated value
$4,620,000
Industrial properties
130 Sunway Dr, Gilbert, AZ 85233-5040
Entity Owned
21-yr Hold
Free & Clear
Property ID
US07-0175316
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
2000
Construction
CONCRETE
Total area
23,794 SF
Lot
2.05 ac (89,280 SF)
Zoning code
LI
APN
302-23-034
UPID
US07-0175316
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
-
TNT Racing Group Auto Parts Store (Bike/Boat/Book/etc) Store
-
Control-Logic Llc Production Facility Building Supply
-
Wolfe Auto Haus Car Wash
-
ZombieBox International Industrial Manufacturer Production Facility
-
Decorative Masonry General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.68M
Blend (final)
Blend
$4.62M
Owner & transaction history
Rwl Investments INC · 21 yrs held
Rwl Investments INC
since 2005
6 recorded transactions
Zoning & alternative use
LI · Gilbert, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.1M
+66.5%
Office building
$5.3M
+44.9%
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 Gilbert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gilbert 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
INDUSTRIAL (GENERAL)
$3,655,000
Current use
MEDICAL BUILDING
$6,080,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$5,295,000
Change: +45% · Conversion: Difficult
Blend value · Realmo final
$4.62M
Range $4.16M – $5.08M · ±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
$194 / 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
$27,128
Tax year 2023
Assessed value
$660,792
Assessed 2024
Previous assessed
$529,278
+24.8% YoY
Effective rate
4.11%
On assessed value
Land market value
$890,900
Improvement market value
$3,113,900
Total market value
$4,004,800
Applied tax rate
410,600.0000
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
2000
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
23,794 SF
Lot
2.05 ac (89,280 SF)
Zoning code
LI
APN
302-23-034
UPID
US07-0175316
Jurisdiction
MARICOPA
Zoning & alternative use
LI · Gilbert, AZ
Zoning LI · permitted uses
LI · Gilbert, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gilbert. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.7M
MEDICAL BUILDING
Est. value
$6.1M
OFFICE BUILDING
Est. value
$5.3M
INDUSTRIAL (GENERAL) Current
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
2000
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
2.05 ac
Current owner
From public records · entity-resolved
Rwl Investments INC
Entity
Free & Clear · 21 yrs held
Mailing address
4919 TIDEWATER AVEB, OAKLAND, CA 94601-4914
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2005
$2,000,000
Rwl Investments INC
Sunfarmer Property LLC
Grant Deed
—
Jun 20, 2000
—
Sunfarmer Property LLC
Farmer,evert L & Dorothy M
Quit Claim Deed
related
—
Jun 20, 2000
$1,760,000
Evert L Farmer
Sunrise 96 LLC
Grant Deed
$875,000 · National Bank Arizona
Nov 17, 1999
—
Sun Rise 96 LLC
—
Grant Deed
related
$750,000 · Founders Bank Of Arizona
Jul 15, 1996
$155,535
Rise 96 L L C Sun
New Credit Corporation
Grant Deed
—
Dec 12, 1994
$4,100,000
New Church Ventures Credit Corp
Fmc Holding Corp
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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