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Property profile & analytics
FOR SALE
Strip malls
1635 E Baseline Rd, Phoenix, AZ 85042
Entity Owned
5-yr Hold
Property ID
US07-2465518
For Sale
1 / 2
$285,000
1635 E Baseline Rd, Phoenix, AZ 85042
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
CONCRETE
Total area
14,000 SF
Lot
2.01 ac (87,710 SF)
Zoning code
C-2
APN
301-33-461B
UPID
US07-2465518
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
-
Harold's Chicken Restaurant Take-out & Catering
-
Van Nail & Spa Nail Salon
-
Crispy Barber Lounge Hair and beard parlor Barber Shop
-
Razor & shear barbershop Barber Shop
-
Domino's Pizza Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.21M
Comparable Approach
Comparable
$4.25M
Blend (final)
Blend
$3.29M
Owner & transaction history
G&g LLC · 5 yrs held
G&g LLC
since 2021
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.2M
+17.9%
Retail stores
$4.2M
+17.1%
Medical building
$3.7M
+4.3%
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 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%
$3,480,000
6.5%
$3,210,000
7%
$2,980,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,565,000
Current use
OFFICE BUILDING
$4,200,000
Change: +18% · Conversion: Moderate
RETAIL STORES
$4,170,000
Change: +17% · Conversion: Easy
MEDICAL BUILDING
$3,715,000
Change: +4% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,635,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$3.29M
Range $2.96M – $3.61M · ±10% · vs last sale $2.85M (Feb 12 2021)
Last sale anchor
$2.85M
Feb 12 2021
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
$235 / 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
$64,903
Tax year 2023
Assessed value
$564,108
Assessed 2024
Previous assessed
$481,712
+17.1% YoY
Effective rate
11.51%
On assessed value
Land market value
$928,500
Improvement market value
$2,490,335
Total market value
$3,418,835
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Sale
Year built
2005
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
14,000 SF
Lot
2.01 ac (87,710 SF)
Zoning code
C-2
APN
301-33-461B
UPID
US07-2465518
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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.6M
OFFICE BUILDING
Est. value
$4.2M
RETAIL STORES
Est. value
$4.2M
MEDICAL BUILDING
Est. value
$3.7M
WAREHOUSE, STORAGE
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2005
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
2.01 ac
Current owner
From public records · entity-resolved
G&g LLC
Entity
Mailing address
4020 HAMMERBERG RD, FLINT, MI 48507-2262
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2021
$2,853,600
G&g LLC
Rh Baseline Road LLC
Special Warranty Deed
$1,053,650 · Ks Statebank
Apr 25, 2017
—
Rh Baseline Road LLC
—
Deed
related
$1,500,000 · Innovative Capital Advisors LLC Innovative Capital Advisors LLC
Dec 22, 2016
—
Rh Baseline Road LLC
—
Trustees Deed
related
$3,600,000 · Boyle Timothy P Trust (pt)
Dec 1, 2016
—
Rh Baseline Road LLC
Nw Acquisitions LLC
Grant Deed
related
—
Nov 22, 2016
—
Nw Acquisitions LLC
Nw Acquisitions LLC
Quit Claim Deed
related
—
Nov 22, 2016
$4,425,000
Vernetti,james P Trust
Nw Acquisitions LLC
Grant Deed
—
Oct 31, 2012
—
Gentzkow Partners LLC
—
Loan Modification
related
$6,600,000 · Us Bank NA #2007-c30 (ce)
Aug 1, 2007
$8,950,000
N & D Speno Ventures LLC
Sfb Baseline Plaza LLC
Grant Deed
$6,600,000 · Wachovia Bk C Tr 2007-c30 (tr)
Aug 5, 2004
—
Baseline Retail Partners LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Rh Baseline Road LLC
—
Deed Of Trust
related
$1,500,000 · Innovative Capital Advisors LLC Innovative Capital Advisors LLC
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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