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Property profile & analytics
OFF-MARKET
Estimated value
$5,550,000
Grocery and convenience stores
1450 Dysart Rd Ste A3, Avondale, AZ 85323-1534
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-1512048
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1987
Construction
CONCRETE
Total area
42,452 SF
Lot
3.73 ac (162,522 SF)
Zoning code
C-2
APN
500-10-008F
UPID
US07-1512048
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
-
Jim's Smoke Shop & More (Bike/Boat/Book/etc) Store
-
Harbor Freight Tools Building Supply Hardware & Home Improvement
-
Law Offices of Marina Alexandrovich Law Firm
-
Food City Grocery & Convenience Store Food Market
-
Freeway Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.69M
Blend (final)
Blend
$5.55M
Owner & transaction history
Z502 LLC · 5 yrs held
Z502 LLC
since 2020
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
C-2 · Avondale, 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 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
$5,160,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.55M
Range $5.00M – $6.11M · ±10% · vs last sale $4.26M (Nov 10 2020)
Last sale anchor
$4.26M
Nov 10 2020
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
$131 / 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
$55,068
Tax year 2023
Assessed value
$662,046
Assessed 2024
Previous assessed
$548,522
+20.7% YoY
Effective rate
8.32%
On assessed value
Land market value
$1,453,500
Improvement market value
$2,558,900
Total market value
$4,012,400
Applied tax rate
440,103.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1987
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
42,452 SF
Lot
3.73 ac (162,522 SF)
Zoning code
C-2
APN
500-10-008F
UPID
US07-1512048
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Avondale, AZ
Zoning C-2 · permitted uses
C-2 · 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.
Building & site characteristics
From public records
Year built
1987
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
3.73 ac
Current owner
From public records · entity-resolved
Z502 LLC
Entity
Mailing address
1714 E BETHANY HOME RD, PHOENIX, AZ 85016-2536
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2020
$4,262,500
Z502 LLC
Prime Real Estate Investments LLC
Special Warranty Deed
$2,990,000 · Wells Fargo Bank NA
May 12, 2014
—
Prime Real Estate Investments LLC
Cameron Dewey Limited Partnership
Re-recorded Document
related
$2,500,000 · Wells Fargo Bank NA
Jan 17, 2012
$3,390,000
Prime Real Estate Investments LLC
Cameron Dewey Limited Partnership
Special Warranty Deed
—
May 12, 2004
$4,803,930
Cameron Dewey LP
Panos,thomas
Grant Deed
$2,900,000 · Nomura Credit & Capital INC
Sep 29, 1997
$3,259,275
Acv Vi L L C Arizona
Bay Club Partners
Grant Deed
—
May 31, 1991
—
Pueblo Cente Old
Nemo Investors L
Grant Deed
related
—
Jun 2, 1989
$3,500,000
Bay Club Partner
—
Trustees Deed
related
—
Jun 2, 1989
—
Sesame Investmen
—
Trustees Deed
related
—
Sep 9, 1988
$2,662,000
Abco Markets INC
Lucky
Grant Deed
—
—
—
Prime R & E Invs LLC
—
Loan Modification
related
$3,100,000 · Wells Fargo Bk
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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