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Property profile & analytics
OFF-MARKET
Estimated value
$3,850,000
Individual retail properties
15025 19th Ave Phoenix, AZ 85023-5159
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-2548053
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1983
Total area
10,040 SF
Lot
25.92 ac (1,129,244 SF)
APN
208-16-549B
UPID
US07-2548053
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
-
Christ's Church of the Valley (CCV) - North Phoenix Church
-
Iglesia De Dios Para Las Naciones Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.85M
Blend (final)
Blend
$3.85M
Owner & transaction history
15025 N 19th Ave LLC · 8 yrs held
15025 N 19th Ave LLC
since 2018
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.4M
+96.0%
Auto repair, garage
$4.2M
+55.1%
Office building
$3.0M
+10.2%
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
GYM, HEALTH SPA
$2,735,000
Current use
RESTAURANT
$5,360,000
Change: +96% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,240,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$3,015,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$2,990,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$2,665,000
Change: -3% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,605,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$3.85M
Range $3.47M – $4.24M · ±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
$383 / 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
Assessed value
$2,136,391
Assessed 2024
Previous assessed
$1,898,835
+12.5% YoY
Land market value
$6,303,600
Improvement market value
$7,939,009
Total market value
$14,242,609
Applied tax rate
61,300.0000
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1983
Buildings
4
Stories
1
Units
4
Total area
10,040 SF
Lot
25.92 ac (1,129,244 SF)
APN
208-16-549B
UPID
US07-2548053
Jurisdiction
MARICOPA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
GYM, HEALTH SPA Current
Est. value
$2.7M
RESTAURANT
Est. value
$5.4M
AUTO REPAIR, GARAGE
Est. value
$4.2M
OFFICE BUILDING
Est. value
$3.0M
RETAIL STORES
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$2.6M
GYM, HEALTH SPA Current
RESTAURANT
AUTO REPAIR, GARAGE
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
1983
Stories
1
Buildings
4
Units
4
Lot
25.92 ac
Current owner
From public records · entity-resolved
15025 N 19th Ave LLC
Entity
Free & Clear · 8 yrs held
Mailing address
7007 W HAPPY VLY RD, PEORIA, AZ 85383-3223
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Apr 16, 2018
—
15025 N 19th Ave LLC
North Hills Church Of God
Re-recorded Document
related
—
Apr 9, 2018
—
15025 N 19th Ave LLC
North Hills Church Of God
Re-recorded Document
related
—
Mar 1, 2018
$4,150,000
15025 N 19th Ave LLC
North Hills Church Of God
Special Warranty 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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