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Property profile & analytics
OFF-MARKET
Estimated value
$7,095,000
Distribution centers
15635 Illini St, Goodyear, AZ 85338-3619
Trust Owned
10-yr Hold
~
Est. High Equity
Property ID
US07-1397350
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2006
Construction
CONCRETE
Total area
26,000 SF
Lot
5.56 ac (242,095 SF)
Zoning code
PAD
APN
500-07-251
UPID
US07-1397350
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
-
Basic Metals Inc. Building Supply Mill
-
Sword of the Spirit Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.21M
Blend (final)
Blend
$7.10M
Owner & transaction history
Fogel,todd D D Trust · 10 yrs held
Fogel,todd D D Trust
since 2015
4 recorded transactions
Zoning & alternative use
PAD · Goodyear, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$11.5M
+117.0%
Retail stores
$8.7M
+64.4%
Neighborhood: shopping center
$8.2M
+54.3%
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 Goodyear submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goodyear 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
WAREHOUSE, STORAGE
$5,320,000
Current use
AUTO REPAIR, GARAGE
$11,545,000
Change: +117% · Conversion: Easy
RETAIL STORES
$8,745,000
Change: +64% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$8,210,000
Change: +54% · Conversion: Moderate
OFFICE BUILDING
$6,855,000
Change: +29% · Conversion: Difficult
MEDICAL BUILDING
$6,620,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$7.10M
Range $6.39M – $7.80M · ±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
$273 / 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
$45,097
Tax year 2023
Assessed value
$718,295
Assessed 2024
Previous assessed
$650,080
+10.5% YoY
Effective rate
6.28%
On assessed value
Land market value
$1,553,300
Improvement market value
$2,800,000
Total market value
$4,353,300
Applied tax rate
440,800.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
SPACE
Cooling
EVAPORATIVE
Stories
1
Total area
26,000 SF
Lot
5.56 ac (242,095 SF)
Zoning code
PAD
APN
500-07-251
UPID
US07-1397350
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Goodyear, AZ
Zoning PAD · permitted uses
PAD · Goodyear, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Goodyear. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$11.5M
RETAIL STORES
Est. value
$8.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.2M
OFFICE BUILDING
Est. value
$6.9M
MEDICAL BUILDING
Est. value
$6.6M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
MEDICAL BUILDING
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
2006
Construction
CONCRETE
Heating
SPACE
Cooling
Yes
Stories
1
Lot
5.56 ac
Current owner
From public records · entity-resolved
Fogel,todd D D Trust
Trust
Mailing address
PO BOX 353, GERMANTOWN, WI 53022-0353
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2015
$1,924,000
Fogel,todd D D Trust
Gemcor Series LLC
Grant Deed
—
Jan 18, 2008
$6,600,000
Gemscor Series LLC
Star Crossing LLC
Grant Deed
—
Jan 18, 2008
—
Gemscor Series LLC
Owner Name Unavailable
Grant Deed
related
—
Mar 21, 2006
$1,400,000
Star Crossing LLC
Crossing Development INC
Special Warranty Deed
$3,730,000 · National Bank Of Arizona
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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