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Property profile & analytics
OFF-MARKET
Retail space
1514 Garfield St Phoenix, AZ 85007-2217
Individually Owned
6-yr Hold
Free & Clear
Property ID
US07-1178251
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1967
Construction
CONCRETE
Total area
800 SF
Lot
0.07 ac (2,890 SF)
Zoning code
C-3
APN
111-25-020B
UPID
US07-1178251
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
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
Jesus V Pasillas · 6 yrs held
Jesus V Pasillas
since 2019
7 recorded transactions
Zoning & alternative use
C-3 · Phoenix, 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 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
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
Assessed value
$145,518
Assessed 2024
Previous assessed
$74,869
+94.4% YoY
Land market value
$752,500
Improvement market value
$173,189
Total market value
$925,689
Applied tax rate
11,300.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1967
Construction
CONCRETE
Heating
NONE
Cooling
EVAPORATIVE
Buildings
3
Stories
1
Units
3
Rooms
5
Bathrooms
1
Total area
800 SF
Lot
0.07 ac (2,890 SF)
Zoning code
C-3
APN
111-25-020B
UPID
US07-1178251
Jurisdiction
MARICOPA
Zoning & alternative use
C-3 · Phoenix, AZ
Zoning C-3 · permitted uses
C-3 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Rooms
5
Bathrooms
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Jesus V Pasillas
Individual
Free & Clear · 6 yrs held
Mailing address
253 N 167TH LN, GOODYEAR, AZ 85338-4552
Ownership since
2019
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
Oct 21, 2019
—
Jesus V Pasillas
Jesus V Pasillas
Quit Claim Deed
related
—
Mar 27, 2017
—
Jesus V Pasillas
Pasillas Family Trust
Quit Claim Deed
related
—
Nov 7, 2013
—
Pasillas Family Trust
Pasillas,jesus & Martina
Quit Claim Deed
related
—
Oct 31, 2013
—
Jesus Pasillas
Villareal,rosa R
Warranty Deed
related
—
Nov 2, 2012
—
Jesus Pasillas
Villareal,rosa R
Warranty Deed
—
Nov 25, 2009
—
Jesus Pasillas
Pasillas Family Trust
Quit Claim Deed
related
$250,000 · Dave Holt
Apr 23, 1996
—
Pasillas Trust
Ricardo Pasillas
Quit Claim Deed
related
—
Nov 13, 1995
$11,000
Ricardo Pasillas
Gerald R Beighey
Grant Deed
—
Oct 30, 1995
—
Pasillas Family Trust
Jesus & Martina Pasillas
Quit Claim Deed
related
—
Sep 18, 1995
$3,000
Jesus Pasillas
Gerald R Beighey
Grant Deed
related
—
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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