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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Flex space
1419 12th Pl Tempe, AZ 85281-5232
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-0059392
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1975
Construction
CONCRETE
Total area
33,290 SF
Lot
0.09 ac (4,044 SF)
Zoning code
GID
APN
124-58-102
UPID
US07-0059392
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
-
Vinifera Distributing Brewery & Distillery Big Box & Wholesale Store
-
Branding Boxes LLC Big Box & Wholesale Store Shipping Company
-
Fantastic Sams Regional Office Hair Salon Nail Salon
-
Desert EDM Sales Factory Industrial Manufacturer
-
RMC Logistics Llc Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$860k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$860k
Owner & transaction history
New Resources Global LLC · 2 yrs held
New Resources Global LLC
since 2024
Last sale
$860,000
7 recorded transactions
Zoning & alternative use
GID · Tempe, 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 Tempe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tempe 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
$860,000
ML approach
$860,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$860k
Range $774k – $946k · ±10% · vs last sale $860k (Mar 1 2024)
Last sale anchor
$860k
Mar 1 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
$26 / 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
$4,714
Tax year 2023
Assessed value
$92,912
Assessed 2024
Previous assessed
$92,912
+0.0% YoY
Effective rate
5.07%
On assessed value
Land market value
$112,600
Improvement market value
$450,500
Total market value
$563,100
Applied tax rate
31,600.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1975
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
33,290 SF
Lot
0.09 ac (4,044 SF)
Zoning code
GID
APN
124-58-102
UPID
US07-0059392
Jurisdiction
MARICOPA
Zoning & alternative use
GID · Tempe, AZ
Zoning GID · permitted uses
GID · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tempe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
New Resources Global LLC
Entity
Mailing address
6600 E MOCKINGBIRD LN, PARADISE VALLEY, AZ 85253-2646
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2024
$860,000
New Resources Global LLC
Dan Holdings LLC
Special Warranty Deed
—
Aug 24, 2018
—
Dan Holdings LLC
—
Deed
related
$270,000 · Wells Fargo Bank NA
Apr 26, 2018
$450,000
Dan Holdings LLC
Rc Holdings LLC
Grant Deed
—
Apr 14, 2009
—
Rc Holdings LLC
Owner Name Unavailable
Grant Deed
related
—
Jun 15, 2006
$465,750
Rc Holdings LLC
Sms Cable Ventures INC
Grant Deed
$460,600 · Camelback Community Bank
Nov 27, 1990
$120,000
M S Cable Vent S
Sfera
Grant Deed
$90,000 · Seller
Feb 27, 1990
$105,000
Petar Sfera
Delta Prop
Grant Deed
—
—
—
Rc Holdings LLC
—
Deed Of Trust
related
$205,000 · Black Bear Ventures LP
—
—
Rc Holdings LLC
—
Deed Of Trust
related
$440,000 · Black Bear Ventures LP
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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