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Property profile & analytics
FOR SALE
Commercial land
16744 E Glenbrook Blvd, Fountain Hills, AZ 85268
Individually Owned
2-yr Hold
Free & Clear
Property ID
US07-1706826
For Sale
$175,000
16744 E Glenbrook Blvd, Fountain Hills, AZ 85268
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.03 ac (1,500 SF)
Zoning code
C-N
APN
176-04-440
UPID
US07-1706826
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
Leonard Miceli · 2 yrs held
Leonard Miceli
since 2023
Last sale
$79,000
6 recorded transactions
Zoning & alternative use
C-N · Fountain Hills, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$96
Tax year 2022
Assessed value
$3,705
Assessed 2024
Previous assessed
$2,715
+36.5% YoY
Effective rate
2.59%
On assessed value
Land market value
$24,700
Total market value
$24,700
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 land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
0.03 ac (1,500 SF)
Zoning code
C-N
APN
176-04-440
UPID
US07-1706826
Jurisdiction
MARICOPA
Zoning & alternative use
C-N · Fountain Hills, AZ
Zoning C-N · permitted uses
C-N · Fountain Hills, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fountain Hills. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.03 ac
Current owner
From public records · entity-resolved
Leonard Miceli
Individual
Free & Clear · 2 yrs held
Mailing address
11605 N SAGUARO BLVD, FOUNTAIN HILLS, AZ 85268-4619
Ownership since
2023
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
Aug 15, 2023
$79,000
Leonard Miceli
Ghaffari Payman
Warranty Deed
—
Dec 23, 2013
$26,000
Zeeba Gowhari
Midfirst Bank
Grant Deed
—
Jun 29, 2010
$67,500
Midfirst Bk
Blakley Kevin J
Trustees Deed
related
—
Mar 2, 2005
$80,000
Gregory S Doneff
Jaworski R J & E J Trust
Warranty Deed
—
Aug 7, 2003
—
Jaworski,tr
Bowles,tr
Grant Deed
related
—
Dec 9, 1987
$15,500
Bowles Paul E
—
Grant 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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