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Property profile & analytics
OFF-MARKET
Estimated value
$5,575,000
Warehouses
1429 Eliseo Felix Jr Way, Avondale, AZ 85323-1208
Individually Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-1804873
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2004
Total area
15,900 SF
Lot
4.59 ac (200,137 SF)
Zoning code
C-C
APN
500-25-014B
UPID
US07-1804873
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
-
Rio Estrella Self Storage Solutions Storage Facility
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.69M
Blend (final)
Blend
$5.58M
Owner & transaction history
B Storage · 20 yrs held
B Storage
since 2005
3 recorded transactions
Zoning & alternative use
C-C · Avondale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.1M
+178.6%
Auto repair, garage
$7.1M
+117.0%
Neighborhood: shopping center
$5.0M
+54.3%
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 Avondale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avondale 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
RESTAURANT
$9,065,000
Change: +179% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,060,000
Change: +117% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$5,020,000
Change: +54% · Conversion: Moderate
MEDICAL BUILDING
$4,050,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$3,865,000
Change: +19% · Conversion: Moderate
OFFICE BUILDING
$3,740,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$5.58M
Range $5.02M – $6.13M · ±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
$351 / 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
$59,467
Tax year 2023
Assessed value
$1,820,610
Assessed 2024
Previous assessed
$1,341,419
+35.7% YoY
Effective rate
3.27%
On assessed value
Land market value
$1,093,500
Improvement market value
$9,940,500
Total market value
$11,034,000
Applied tax rate
440,100.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2004
Heating
NONE
Buildings
11
Stories
1
Units
10
Total area
15,900 SF
Lot
4.59 ac (200,137 SF)
Zoning code
C-C
APN
500-25-014B
UPID
US07-1804873
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Avondale, AZ
Zoning C-C · permitted uses
C-C · Avondale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Avondale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$9.1M
AUTO REPAIR, GARAGE
Est. value
$7.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.0M
MEDICAL BUILDING
Est. value
$4.1M
RETAIL STORES
Est. value
$3.9M
OFFICE BUILDING
Est. value
$3.7M
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
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
2004
Heating
NONE
Stories
1
Buildings
11
Units
10
Lot
4.59 ac
Current owner
From public records · entity-resolved
B Storage
Individual
Mailing address
333 CAMILLE AVE, ALAMO, CA 94507-2411
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2025
—
B&w Rio Estrella Mini Storage LLC
—
Deed
related
$5,000,000 · Farmers & Merchants Bank Of Central Ca
Sep 30, 2005
$10
B Storage
Rio Estrella
Warranty Deed
related
$4,400,000 · General Electric Capital Corp
—
—
B & W Rio Estrella Mini Storag
—
Deed Of Trust
related
$3,900,000 · Farmers & Merchants Bk/ctrl Ca
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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