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Property profile & analytics
OFF-MARKET
Estimated value
$1,825,000
Retail space
1530 Val Vis Dr Gilbert, AZ 85296-3859
Entity Owned
10-yr Hold
Free & Clear
Property ID
US07-1290673
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
CONCRETE
Total area
6,000 SF
Lot
0.87 ac (38,037 SF)
Zoning code
C-N
APN
304-25-914
UPID
US07-1290673
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
-
Maskadores taco shop Take-out & Catering Catering Service
-
Abby Lin Beauty LLC Hair Salon
-
Aria Beauty Lounge LLC Hair Salon Nail Salon
-
Accident Chiropractors Alternative Medicine Practice
-
Leading Edge Medical Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.01M
Blend (final)
Blend
$1.83M
Owner & transaction history
Vvr Partners LLC · 10 yrs held
Vvr Partners LLC
since 2016
7 recorded transactions
Zoning & alternative use
C-N · Gilbert, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.7M
+20.9%
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 Gilbert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gilbert 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
RETAIL STORES
$2,205,000
Current use
AUTO REPAIR, GARAGE
$2,665,000
Change: +21% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,185,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$1.83M
Range $1.64M – $2.01M · ±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
$304 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$15,297
Tax year 2022
Assessed value
$251,435
Assessed 2024
Previous assessed
$217,090
+15.8% YoY
Effective rate
6.08%
On assessed value
Land market value
$592,200
Improvement market value
$931,649
Total market value
$1,523,849
Applied tax rate
410,600.0000
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
2007
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
6,000 SF
Lot
0.87 ac (38,037 SF)
Zoning code
C-N
APN
304-25-914
UPID
US07-1290673
Jurisdiction
MARICOPA
Zoning & alternative use
C-N · Gilbert, AZ
Zoning C-N · permitted uses
C-N · Gilbert, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gilbert. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
RETAIL STORES Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2007
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Vvr Partners LLC
Entity
Free & Clear · 10 yrs held
Mailing address
1155 KELLY JOHNSON BLVD STE #302, COLORADO SPRINGS, CO 80920-3958
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2022
—
Vvr Partners LLC
—
Deed
related
$1,000,000 · Firstbank
Mar 3, 2016
—
Vvr Partners LLC
Goldberg,david & Susan
Quit Claim Deed
related
—
Mar 3, 2016
$399,959
David Goldberg
Valvistaray Pads Invtrs Ll
Quit Claim Deed
related
—
Apr 21, 2015
—
David Goldberg
Valvistaray Pads Investors LLC
Quit Claim Deed
related
—
Oct 1, 2009
—
David Goldberg
—
Deed Of Trust
related
$2,820,376 · First Bank Of Arizona
Feb 24, 2006
$324,000
Valvistaray Pads Investors LLC
Bushell Michael J Trust
Grant Deed
$650,000 · Irwin Union Bank Fsb
Dec 7, 2004
$6,705,000
David Goldberg
Western Skies Village Cent
Grant Deed
related
$4,000,000 · Irwin Union Bank Fsb
May 28, 2004
—
Western Skies Village Center
—
Deed Of Trust
related
$4,200,000 · Associated Bank
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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