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Property profile & analytics
FOR SALE
Commercial real estate
16729 E Palisades Blvd Fountain Hills, AZ 85268
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-3287647
For Sale
1 / 18
$995,000
16729 E Palisades Blvd, Fountain Hills, AZ 85268
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1982
Construction
CONCRETE
Total area
4,180 SF
Lot
0.14 ac (6,000 SF)
Zoning code
C-2
APN
176-05-179
UPID
US07-3287647
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kason Management LLC · 4 yrs held
Kason Management LLC
since 2022
Last sale
$250,000
4 recorded transactions
Zoning & alternative use
C-2 · Fountain Hills, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Town of Fountain Hills Zoning Ordinance Chapter 6 Page 32 of 34 November 1, 2012 1752356.9 5. In the C-2, C-3, and TCCD zoning districts, a secondary entrance wall sign is allowed in addition to total aggregate sign area if the following criteria are met: a. Wall sign areas shall not exceed 25% of primary total aggr
Zone name
Intermediate Commercial
General category
COMMERCIAL
Zone area
246.89 ac
Source
Zoning Ordinance
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 Fountain Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fountain Hills 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,973
Tax year 2022
Assessed value
$97,108
Assessed 2024
Previous assessed
$84,167
+15.4% YoY
Effective rate
5.12%
On assessed value
Land market value
$76,800
Improvement market value
$511,731
Total market value
$588,531
Applied tax rate
982,421.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1982
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Total area
4,180 SF
Lot
0.14 ac (6,000 SF)
Zoning code
C-2
APN
176-05-179
UPID
US07-3287647
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Fountain Hills, AZZoning C-2 · permitted uses
C-2 · Fountain Hills, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Town of Fountain Hills Zoning Ordinance Chapter 6 Page 32 of 34 November 1, 2012 1752356.9 5. In the C-2, C-3, and TCCD zoning districts, a secondary entrance wall sign is allowed in addition to total aggregate sign area if the following criteria are met: a. Wall sign areas shall not exceed 25% of primary total aggr
Zone name
Intermediate Commercial
General category
COMMERCIAL
Zone area
246.89 ac
Source
Zoning Ordinance
Building & site characteristics
From public records
Year built
1982
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Kason Management LLC
Entity
Mailing address
4983 E SAWMILL WAY, BOISE, ID 83716-6700
Ownership since
2022
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
May 4, 2022
$640,000
Kason Management LLC
H & M Palisades LLC
Quit Claim Deed
related
—
Jan 4, 2011
—
H & M Palisades LLC
Huegerich,thomas E & Lauralee M
Quit Claim Deed
related
—
Jul 28, 2006
$250,000
Michael Miller
Jilani,roshan
Warranty Deed
—
Aug 30, 2004
$108,000
Roshan Jilani
Huie,wing Y & Lilly P
Warranty Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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