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Property profile & analytics
FOR LEASE
Strip malls
13843 N Tatum Blvd, Phoenix, AZ 85032
Trust Owned
6-yr Hold
~
Est. High Equity
Property ID
US07-0992871
For Lease
1 / 10
$4,860,000
13843 N Tatum Blvd, Phoenix, AZ 85032
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1980
Construction
CONCRETE
Total area
19,560 SF
Lot
2.03 ac (88,427 SF)
Zoning code
C-1
APN
215-68-418
UPID
US07-0992871
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
-
Nee House Chinese Restaurant Restaurant
-
Salon Collective Hair Salon
-
CBD King (Bike/Boat/Book/etc) Store
-
Dr. Mufid Khoury Pediatrician Physician
-
Louis Hagler Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.10M
Blend (final)
Blend
$4.86M
Owner & transaction history
Call Family Trust · 6 yrs held
Call Family Trust
since 2020
7 recorded transactions
Zoning & alternative use
C-1 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.9M
+18.8%
Retail stores
$5.5M
+10.3%
Medical building
$5.2M
+4.3%
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
NEIGHBORHOOD: SHOPPING CENTER
$4,980,000
Current use
OFFICE BUILDING
$5,915,000
Change: +19% · Conversion: Moderate
RETAIL STORES
$5,490,000
Change: +10% · Conversion: Easy
MEDICAL BUILDING
$5,190,000
Change: +4% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,075,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$4.86M
Range $4.37M – $5.35M · ±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
$248 / 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
$40,515
Tax year 2023
Assessed value
$613,338
Assessed 2024
Previous assessed
$537,999
+14.0% YoY
Effective rate
6.61%
On assessed value
Land market value
$1,911,600
Improvement market value
$1,805,600
Total market value
$3,717,200
Applied tax rate
691,300.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1980
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
19,560 SF
Lot
2.03 ac (88,427 SF)
Zoning code
C-1
APN
215-68-418
UPID
US07-0992871
Jurisdiction
MARICOPA
Zoning & alternative use
C-1 · Phoenix, AZ
Zoning C-1 · permitted uses
C-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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$5.0M
OFFICE BUILDING
Est. value
$5.9M
RETAIL STORES
Est. value
$5.5M
MEDICAL BUILDING
Est. value
$5.2M
WAREHOUSE, STORAGE
Est. value
$5.1M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
RETAIL STORES
MEDICAL 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
1980
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
2.03 ac
Current owner
From public records · entity-resolved
Call Family Trust
Trust
Mailing address
PO BOX 32, MONTEREY, CA 93942-0032
Ownership since
2020
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
Feb 28, 2020
$13,400,000
Call Family Trust
Valley Ventures L Paradise
Grant Deed
$8,225,000 · Tri Counties Bank
Nov 29, 2017
$11,000,000
Paradise Valley Ventures LLC
Arneill Pueblo LLC
Trustees Deed
$6,600,000 · Miscellaneous Ins Co
Sep 26, 2017
—
Arneill Pueblo LLC
Wilshire Selby Pueblo LLC
Grant Deed
related
—
Sep 2, 2016
—
Arneill Pueblo LLC
Wilshire Selby Pueblo LLC
Grant Deed
related
—
Apr 1, 2013
—
Arneill Pueblo LLC
—
Deed Of Trust
related
$5,475,000 · Alicia & Jeronimo LP
Jun 29, 2012
—
Arneill Pueblo LLC
—
Deed Of Trust
related
$5,475,000 · Alicia & Jeronimo LP
Aug 1, 2002
$7,200,000
Aepueblo Point Associates LP
Indian Summer LLC
Grant Deed
—
Aug 25, 1997
—
Summer L L C Indian
Pointer Sisters L L C
Grant Deed
related
—
May 31, 1996
$3,940,000
Sisters L L C Pointer
Santa Enterprises INC
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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