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Property profile & analytics
OFF-MARKET
Commercial real estate
15633 32nd St, Phoenix, AZ 85048-5836
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US07-0025371
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.22 ac (9,706 SF)
Zoning code
C-2
APN
306-02-849A
UPID
US07-0025371
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
-
Goodwill Retail Store and Donation Center Discount Store
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
4 Towers Dev LLC · 16 yrs held
4 Towers Dev LLC
since 2010
7 recorded transactions
Zoning & alternative use
C-2 · 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
Tax billed
$2,683
Tax year 2023
Assessed value
$52,833
Assessed 2024
Previous assessed
$49,487
+6.8% YoY
Effective rate
5.08%
On assessed value
Land market value
$320,200
Total market value
$320,200
Applied tax rate
281,300.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
0.22 ac (9,706 SF)
Zoning code
C-2
APN
306-02-849A
UPID
US07-0025371
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZ
Zoning C-2 · permitted uses
C-2 · 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
Heating
NONE
Lot
0.22 ac
Current owner
From public records · entity-resolved
4 Towers Dev LLC
Entity
Mailing address
PO BOX 13456, TEMPE, AZ 85284-0058
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2025
—
4 Towers Development LLC
—
Deed
related
$2,750,000 · Desert Financial Cu
Feb 16, 2018
—
4 Towers Dev LLC
—
Grant Deed
related
$3,300,000 · Pacific Premier Bk
Apr 19, 2017
—
4 Towers Dev LLC
—
Grant Deed
related
$2,740,000 · Pacific Premier Bk
Jan 11, 2010
—
4 Towers Dev LLC
Etionzy,guy
Grant Deed
related
—
Mar 30, 2007
$3,750,000
Guy Etionzy
Mountainside Ahwatukee LLC
Grant Deed
—
Jan 19, 2001
$2,920,000
Mountainside Ahwatukee LLC
Hatten Real Estate LLC
Grant Deed
—
Sep 28, 1999
$845,000
Hatten Real Estate Of Phoenix
Mountainside Martial Arts LLC
Grant Deed
$880,000 · Valley First Community Bank
Apr 8, 1998
—
Hatten Fitness Corp
—
Deed Of Trust
related
$1,291,000 · Money Store Commercial Mtg
Oct 1, 1996
$129,000
Martial Arts L L C Mountainside
Hatten Fitness Corp
Grant Deed
$478,000 · The Money Store Investment
Jul 17, 1996
$166,630
Chapman,wilburn L & Myra A
Continental Homes INC
Trustees Deed
$116,600 · Accubanc Mortgage Corp
Nov 20, 1995
$290,000
Hatten Fitness Corporation
Foothills Lakewood LP
Grant Deed
$112,560 · Seller
—
—
Hatten Fitness Corp
—
Deed Of Trust
related
$1,170,000 · Rocky Mountain Bank
—
—
Hatten Fitness Corp
—
Deed Of Trust
related
$965,000 · Meridian On Sand Key Ltd
—
—
Continental Homes INC
—
Deed Of Trust
related
—
—
—
Martial Arts L L C Mountainside
—
Deed Of Trust
related
—
—
—
Mountainside Ahwatukee LLC
—
Deed Of Trust
related
$825,000 · Arizona Bank & Trust
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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