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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Office buildings
16766 Parkview Ave Fountain Hills, AZ 85268-8423
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-3439208
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
STEEL FRAME
Total area
6,774 SF
Lot
0.14 ac (6,000 SF)
Zoning code
C-2
APN
176-05-160
UPID
US07-3439208
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
$1.20M
Blend (final)
Blend
$1.03M
Owner & transaction history
Wise Management Holdings LLC · 2 yrs held
Wise Management Holdings LLC
since 2023
Last sale
$620,000
7 recorded transactions
Zoning & alternative use
C-2 · Fountain Hills, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.5M
+33.6%
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
Method
Estimation
Statistic approach
$755,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,095,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,465,000
Change: +34% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,040,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±10% · vs last sale $620k (Nov 2 2023)
Last sale anchor
$620k
Nov 2 2023
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
$151 / 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
$4,434
Tax year 2023
Assessed value
$86,493
Assessed 2024
Previous assessed
$77,486
+11.6% YoY
Effective rate
5.13%
On assessed value
Land market value
$76,800
Improvement market value
$447,400
Total market value
$524,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
2
Total area
6,774 SF
Lot
0.14 ac (6,000 SF)
Zoning code
C-2
APN
176-05-160
UPID
US07-3439208
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Fountain Hills, AZ
Zoning 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
Fountain Hills. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.0M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
1986
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Wise Management Holdings LLC
Entity
Mailing address
16766 E PARKVIEW AVE STE #201, FOUNTAIN HILLS, AZ 85268-8400
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2023
—
Wise Management Holdings LLC
The Wise Agent LLC
Intrafamily Transfer
related
$307,513 · Commerce Bank Of Arizona
Apr 28, 2023
$620,000
The Wise Agent LLC
The Salvation Army
Warranty Deed
$310,000 · Commerce Bank Of Arizona
Apr 28, 2023
—
The Wise Agent LLC
—
Deed
related
$256,000 · Cdc Small Business Finance Corp
Oct 1, 2018
$740,000
Aznak,richard Trust
Parkview Realty Investment
Grant Deed
—
Oct 26, 2016
$615,000
Parkview Realty Invs LLC
Zamora Homes LLC
Grant Deed
—
Aug 6, 2004
$570,000
Zamora Homes LLC
Parkview Partners LLC
Grant Deed
—
Oct 1, 1999
$500,000
Parkview Partners LLC
Spratling,janni
Grant Deed
—
Mar 21, 1997
$395,000
Janice J Healey
Carlo M Bruno
Grant Deed
$295,000 · Seller
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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