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Property profile & analytics
OFF-MARKET
Estimated value
$9,745,000
Mobile home & RV parks
16225 29th St Phoenix, AZ 85032-8204
Entity Owned
17-yr Hold
Free & Clear
Property ID
US07-0472294
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1978
Construction
CONCRETE
Total area
2,232 SF
Lot
8.01 ac (348,944 SF)
Zoning code
PAD-11
APN
214-31-027
UPID
US07-0472294
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
-
Arbor Manor Mobile Home Park Campground & RV Park
-
Canyon State Adjusters Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.44M
Blend (final)
Blend
$9.75M
Owner & transaction history
Arbor Manor LLC · 17 yrs held
Arbor Manor LLC
since 2009
6 recorded transactions
Zoning & alternative use
PAD-11 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
A planned area development is intended to correlate comprehensively the provisions of this and other ordinances of the City to permit developments which will provide a desirable and stable environment in harmony with that of the surrounding area
Zone name
Planned Area Development
General category
UNKNOWN
Zone area
234.53 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.75M
Range $8.77M – $10.72M · ±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
$4,366 / 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
$20,791
Tax year 2023
Assessed value
$274,217
Assessed 2024
Previous assessed
$255,420
+7.4% YoY
Effective rate
7.58%
On assessed value
Land market value
$2,122,300
Improvement market value
$619,871
Total market value
$2,742,171
Applied tax rate
691,300.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1978
Construction
CONCRETE
Heating
NONE
Cooling
EVAPORATIVE
Buildings
3
Stories
1
Total area
2,232 SF
Lot
8.01 ac (348,944 SF)
Zoning code
PAD-11
APN
214-31-027
UPID
US07-0472294
Jurisdiction
MARICOPA
Zoning & alternative use
PAD-11 · Phoenix, AZZoning PAD-11 · permitted uses
PAD-11 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
A planned area development is intended to correlate comprehensively the provisions of this and other ordinances of the City to permit developments which will provide a desirable and stable environment in harmony with that of the surrounding area
Zone name
Planned Area Development
General category
UNKNOWN
Zone area
234.53 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1978
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
8.01 ac
Current owner
From public records · entity-resolved
Arbor Manor LLC
Entity
Free & Clear · 17 yrs held
Mailing address
5827 E WALTANN LN, SCOTTSDALE, AZ 85254-1836
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2009
—
Arbor Manor LLC
Francis W D H & S L
Grant Deed
—
Nov 24, 1997
—
William D Francis
William D Francis JR
Quit Claim Deed
related
—
Sep 18, 1997
—
William,d & Shan L Francis Trust
Bruce Brown Trust
Grant Deed
related
—
Sep 4, 1997
—
William H Francis
William Francis
Quit Claim Deed
related
—
Jul 11, 1997
—
Sayle,a Brown II Trust
Sayle A Brown II
Quit Claim Deed
related
—
Jun 24, 1997
—
Francis Family Trust
William Francis
Quit Claim 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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