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Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Automotive properties
16501 El Mirage Rd Surprise, AZ 85378-3600
Entity Owned
19-yr Hold
Property ID
US07-1815839
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1984
Total area
4,800 SF
Lot
1.61 ac (70,088 SF)
Zoning code
CC
APN
501-24-010
UPID
US07-1815839
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$980k
Owner & transaction history
Sunflower Rv Resort LLC · 19 yrs held
Sunflower Rv Resort LLC
since 2007
4 recorded transactions
Zoning & alternative use
CC · Surprise, AZ
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 Surprise submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Surprise 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
$980k
Range $882k – $1.08M · ±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
$204 / 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
$601
Tax year 2022
Assessed value
$49,770
Assessed 2024
Previous assessed
$21,470
+131.8% YoY
Effective rate
1.21%
On assessed value
Land market value
$497,700
Total market value
$497,700
Applied tax rate
891,508.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1984
Heating
NONE
Stories
1
Total area
4,800 SF
Lot
1.61 ac (70,088 SF)
Zoning code
CC
APN
501-24-010
UPID
US07-1815839
Jurisdiction
MARICOPA
Zoning & alternative use
CC · Surprise, AZZoning CC · permitted uses
CC · Surprise, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
municipal code
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Stories
1
Lot
1.61 ac
Current owner
From public records · entity-resolved
Sunflower Rv Resort LLC
Entity
Mailing address
16255 VENTURA BLVD STE #1200, ENCINO, CA 91436-2320
Ownership since
2007
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
Apr 12, 2007
—
Sunflower Rv Resort LLC
Norton C Karno
Grant Deed
$36,000,000 · Natixis Real Estate Capital INC
May 14, 2002
$23,000,000
Karno Trust
Coastal American Corp
Grant Deed
—
May 23, 1996
$125,000
Coastal American Corp
A J Properties
Grant Deed
—
—
—
Coastal American Corp
—
Deed Of Trust
related
$8,000,000 · John Hancock Mutual Life Ins
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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