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Property profile & analytics
FOR LEASE
Medical Office Space
13657 W Mcdowell Rd Goodyear, AZ 85395
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-1210696
For Lease
1 / 5
Contact for pricing
13657 W Mcdowell Rd, Goodyear, AZ 85395
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Property summary
AI-generated overview
This two-story, Class B medical office building, totaling 38,637 square feet, is situated on 3.83 acres in Goodyear, Arizona. Located at 13657 W McDowell Rd, 85395, it offers convenient access to the I-10 freeway and high visibility along McDowell Road. The building, constructed in 1995, features two elevators and ample parking (5 spaces per 1,000 square feet). Currently, 1,221 square feet of contiguous space is available for lease. The property is zoned PAD and has a Maricopa County APN of 500-03-004M. The building benefits from a strong tenant mix, including established medical practices such as SimonMed Imaging, AKDHC, SonoraQuest Laboratories, Goodyear Eye Specialists, and Fresenius. This prime location within the West I-10 submarket and its proximity to Abrazo West Campus makes it an ideal opportunity for medical professionals seeking established space in a thriving area. The building consists of one structure with multiple tenants.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1995
Construction
CONCRETE
Total area
39,300 SF
Lot
3.83 ac (167,009 SF)
Zoning code
PAD
APN
500-03-004M
UPID
US07-1210696
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
-
Good Day Dental: Michael H. Day DMD Dental Office
-
Fresenius Kidney Care Palm Valley Medical Clinic
-
Sonora Quest Laboratories Medical Laboratory Blood Testing Service
-
Goodyear Office Medical Clinic
-
Goodyear Eye Specialists Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.29M
Blend (final)
Blend
$12.38M
Owner & transaction history
Ag Af Palm Valley Owner LP · 1 yrs held
Ag Af Palm Valley Owner LP
since 2025
Last sale
$11.5M
4 recorded transactions
Zoning & alternative use
PAD · Goodyear, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The PAD zone is to provide accommodate, encourage and promote developments with innovative design involving residential and nonresidential land uses, which together form an attractive, harmonious unit in the community
Zone name
Planned Area Development
General category
RESIDENTIAL
Zone area
60,521.59 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$17.5M
+74.4%
Retail stores
$13.2M
+32.1%
Neighborhood: shopping center
$12.4M
+24.0%
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 Goodyear submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goodyear 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
MEDICAL BUILDING
$10,005,000
Current use
AUTO REPAIR, GARAGE
$17,450,000
Change: +74% · Conversion: Difficult
RETAIL STORES
$13,220,000
Change: +32% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$12,410,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$11,715,000
Change: +17% · Conversion: Easy
WAREHOUSE, STORAGE
$8,045,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$12.38M
Range $11.14M – $13.61M · ±10% · vs last sale $11.50M (Nov 4 2024)
Last sale anchor
$11.50M
Nov 4 2024
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
$315 / 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
$100,887
Tax year 2023
Assessed value
$1,284,120
Assessed 2024
Previous assessed
$1,145,953
+12.1% YoY
Effective rate
7.86%
On assessed value
Land market value
$1,517,500
Improvement market value
$6,265,047
Total market value
$7,782,547
Applied tax rate
440,801.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1995
Construction
CONCRETE
Heating
HEAT PUMP
Stories
2
Total area
39,300 SF
Lot
3.83 ac (167,009 SF)
Zoning code
PAD
APN
500-03-004M
UPID
US07-1210696
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Goodyear, AZZoning PAD · permitted uses
PAD · Goodyear, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The PAD zone is to provide accommodate, encourage and promote developments with innovative design involving residential and nonresidential land uses, which together form an attractive, harmonious unit in the community
Zone name
Planned Area Development
General category
RESIDENTIAL
Zone area
60,521.59 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$10.0M
AUTO REPAIR, GARAGE
Est. value
$17.5M
RETAIL STORES
Est. value
$13.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.4M
OFFICE BUILDING
Est. value
$11.7M
WAREHOUSE, STORAGE
Est. value
$8.0M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1995
Construction
CONCRETE
Heating
HEAT PUMP
Stories
2
Lot
3.83 ac
Current owner
From public records · entity-resolved
Ag Af Palm Valley Owner LP
Entity
Mailing address
PO BOX 460169, HOUSTON, TX 77056-8169
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2025
$11,500,000
Ag Af Palm Valley Owner LP
Arhc Pvgyraz01 LLC
Special Warranty Deed
$218,347,010 · Capital One NA
May 31, 2023
—
Arhc Gfgbtaz01 LLC
—
Deed
related
$240,000,000 · Key Bank NA
Apr 8, 2015
$7,800,000
Arhc Pvgyraz01 LLC
Hassert LP
Grant Deed
$3,587,145 · Thrivent Fin'l/lutherans
Mar 21, 2001
—
Hassert LP
Palm Valley Medical Building
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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