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Property profile & analytics
OFF-MARKET
Strip malls
1400 Litchfield Rd Goodyear, AZ 85395-1299
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-0360510
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1994
Construction
CONCRETE
Total area
51,781 SF
Lot
25.43 ac (1,107,891 SF)
Zoning code
PAD
APN
500-04-031B
UPID
US07-0360510
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
-
Torrid Clothing & Fashion Store
-
Lane Bryant Clothing & Fashion Store
-
Maurices Clothing & Fashion Store
-
rue21 Women'S Clothing Store Clothing Store
-
Knee Walker Rental Goodyear Car Rental Facility
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
Mcdowell Litchfield Plaza LLC · 2 yrs held
Mcdowell Litchfield Plaza LLC
since 2023
Last sale
$59.0M
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
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
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
$440,250
Tax year 2023
Assessed value
$4,241,408
Assessed 2024
Previous assessed
$3,697,109
+14.7% YoY
Effective rate
10.38%
On assessed value
Land market value
$7,079,900
Improvement market value
$18,625,600
Total market value
$25,705,500
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1994
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
12
Stories
1
Units
12
Total area
51,781 SF
Lot
25.43 ac (1,107,891 SF)
Zoning code
PAD
APN
500-04-031B
UPID
US07-0360510
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
Building & site characteristics
From public records
Year built
1994
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
12
Units
12
Lot
25.43 ac
Current owner
From public records · entity-resolved
Mcdowell Litchfield Plaza LLC
Entity
Mailing address
2415 E CAMELBACK RD STE #100, PHOENIX, AZ 85016-9282
Ownership since
2023
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
Dec 15, 2023
$59,000,000
Mcdowell Litchfield Plaza LLC
G&i Ix Palm Valley Pavilions LLC
Special Warranty Deed
$22,000,000 · First Citizens Bank & Trust Co
Oct 18, 2018
$44,800,000
G & I Ix Palm Vly Pavilions Ll
Ddr Palm Valley Eat LLC
Grant Deed
$29,900,000 · Miscellaneous Ins Co
Feb 15, 2018
—
Ddr Palm Valley Pavilions LLC
—
Grant Deed
related
$1,350,000,000 · Column Fin'l
Feb 9, 2016
$60,500,000
Ddr Palm Valley Eat LLC
Pvpw Corp
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.
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