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Property profile & analytics
OFF-MARKET
Estimated value
$1,890,000
Car washes
1523 Southern Ave Phoenix, AZ 85040-3531
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-3462228
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2008
Construction
CONCRETE
Total area
1,730 SF
Lot
1.17 ac (50,878 SF)
Zoning code
PSC
APN
114-29-097
UPID
US07-3462228
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
-
Sonora car wash Car Wash
-
Trusted Rental Car Car Rental Facility
-
WashX Car Wash Car Wash
-
Ecriss Auto Detailing LLC Car Wash
-
WashX Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$1.89M
Owner & transaction history
Whitewater Holding LLC · 3 yrs held
Whitewater Holding LLC
since 2023
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
PSC · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of PSC district is to provide for well designed retail shopping facilities in appropriate locations and, farther, that the district snail be laid out and developed as a unit according to an approved plan so that the purpose of the district may be accomplished
Zone name
Planned Shopping Center
General category
COMMERCIAL
Zone area
915.97 ac
Source
Realmo
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
$2,065,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.89M
Range $1.70M – $2.08M · ±10% · vs last sale $1.80M (Jul 31 2023)
Last sale anchor
$1.80M
Jul 31 2023
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
$1,092 / 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
$26,748
Tax year 2023
Assessed value
$339,912
Assessed 2024
Previous assessed
$170,000
+99.9% YoY
Effective rate
7.87%
On assessed value
Land market value
$1,059,000
Improvement market value
$1,001,075
Total market value
$2,060,075
Applied tax rate
661,300.0000
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2008
Construction
CONCRETE
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
1,730 SF
Lot
1.17 ac (50,878 SF)
Zoning code
PSC
APN
114-29-097
UPID
US07-3462228
Jurisdiction
MARICOPA
Zoning & alternative use
PSC · Phoenix, AZZoning PSC · permitted uses
PSC · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of PSC district is to provide for well designed retail shopping facilities in appropriate locations and, farther, that the district snail be laid out and developed as a unit according to an approved plan so that the purpose of the district may be accomplished
Zone name
Planned Shopping Center
General category
COMMERCIAL
Zone area
915.97 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2008
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
1.17 ac
Current owner
From public records · entity-resolved
Whitewater Holding LLC
Entity
Mailing address
13806 N SUNSET DR, FOUNTAIN HILLS, AZ 85268-3173
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2023
$1,800,000
Whitewater Holding LLC
Devastator 1523 LLC
Special Warranty Deed
$1,635,900 · America First FCU
Apr 15, 2021
$1,000,000
Devastator 1523 LLC
Bokf National Association
Special Warranty Deed
—
Sep 8, 2020
$958,747
Bokf NA
Berger Steven N|daysana INC
Foreclosure
related
—
Sep 21, 2005
$325,000
Daysana INC
Regency Realty Group INC
Grant Deed
related
—
Sep 19, 2005
$325,000
Daysana INC
Regency Realty Group INC
Special Warranty Deed
$200,000 · Sunrise Bank Of Arizona
Jun 22, 2000
$1,899,340
Regency Realty Group INC
Safeway FCU
Grant Deed
related
—
—
—
Daysana INC
—
Deed Of Trust
related
$706,000 · Business Development Finance
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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