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Property profile & analytics
FOR SALE
Industrial properties
1654 W Knudsen Dr Phoenix, AZ 85027
Entity Owned
~
Est. High Equity
Property ID
US07-1321759
For Sale
1 / 3
$5,775,000
1654 W Knudsen Dr, Phoenix, AZ 85027
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
2002
Construction
CONCRETE
Total area
20,139 SF
Lot
1.51 ac (65,921 SF)
Zoning code
IND.PK.
APN
209-02-063
UPID
US07-1321759
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
$6.69M
Blend (final)
Blend
$6.69M
Owner & transaction history
Cica-huntek Chemical Technology USA Corp
Cica-huntek Chemical Technology USA Corp
since 2026
5 recorded transactions
Zoning & alternative use
IND.PK. · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$10.8M
+169.0%
Auto repair, garage
$8.5M
+112.9%
Office building
$7.5M
+87.0%
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
Alternative Use
Use
Estimation
RESTAURANT
$10,755,000
Change: +169% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,510,000
Change: +113% · Conversion: Easy
OFFICE BUILDING
$7,475,000
Change: +87% · Conversion: Difficult
RETAIL STORES
$6,000,000
Change: +50% · Conversion: Moderate
MEDICAL BUILDING
$5,345,000
Change: +34% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,125,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$6.69M
Range $6.02M – $7.36M · ±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
$332 / 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
$39,224
Tax year 2023
Assessed value
$722,453
Assessed 2024
Previous assessed
$606,628
+19.1% YoY
Effective rate
5.43%
On assessed value
Land market value
$915,200
Improvement market value
$3,463,300
Total market value
$4,378,500
Applied tax rate
971,300.0000
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
For Sale
Year built
2002
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
20,139 SF
Lot
1.51 ac (65,921 SF)
Zoning code
IND.PK.
APN
209-02-063
UPID
US07-1321759
Jurisdiction
MARICOPA
Zoning & alternative use
IND.PK. · Phoenix, AZ
Zoning IND.PK. · permitted uses
IND.PK. · 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
RESTAURANT
Est. value
$10.8M
AUTO REPAIR, GARAGE
Est. value
$8.5M
OFFICE BUILDING
Est. value
$7.5M
RETAIL STORES
Est. value
$6.0M
MEDICAL BUILDING
Est. value
$5.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.1M
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2002
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.51 ac
Current owner
From public records · entity-resolved
Cica-huntek Chemical Technology USA Corp
Entity
Mailing address
1654 W KNUDSEN DR, PHOENIX, AZ 85027-1317
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2026
$8,060,000
Cica-huntek Chemical Technology USA Corp
Awdvi LLC
Special Warranty Deed
$5,642,000
Aug 16, 2024
$5,850,000
Awdvi LLC
Bullock & Associates LLC
Special Warranty Deed
$3,000,000 · Fidelity Bancorp Funding INC
Apr 14, 1999
$296,620
Bullock & Associates LLC
Northwest Airpark INC
Grant Deed
$200,000 · Bank One Arizona
Dec 12, 1989
$4,388,923
Northwest Airpar
—
Grant Deed
related
—
—
—
Bullock & Associates LLC
—
Deed Of Trust
related
$1,750,000 · Bank One NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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