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Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Commercial real estate
16807 Palisades Blvd Fountain Hills, AZ 85268-8470
Entity Owned
Free & Clear
Property ID
US07-3287648
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1982
Construction
CONCRETE
Total area
9,489 SF
Lot
0.14 ac (6,000 SF)
Zoning code
C-2
APN
176-05-185
UPID
US07-3287648
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
$1.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$1.02M
Owner & transaction history
Palisades Suites LLC
Palisades Suites LLC
since 2025
7 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
Method
Estimation
Statistic approach
$1,000,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±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
$107 / 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
$6,359
Tax year 2023
Assessed value
$170,610
Assessed 2024
Previous assessed
$155,414
+9.8% YoY
Effective rate
3.73%
On assessed value
Land market value
$76,800
Improvement market value
$957,200
Total market value
$1,034,000
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
Off-Market
Year built
1982
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Total area
9,489 SF
Lot
0.14 ac (6,000 SF)
Zoning code
C-2
APN
176-05-185
UPID
US07-3287648
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
Palisades Suites LLC
Entity
Free & Clear · 0 yrs held
Mailing address
5103 W TIERRA BUENA LN, GLENDALE, AZ 85306-2512
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2025
—
Palisades Suites LLC
Az Quality Care LLC Amenah Care
Special Warranty Deed
—
Feb 23, 2024
$1,000,000
Az Quality Care LLC
A2z Invest LLC
Special Warranty Deed
$700,000 · Midfirst Bank
Feb 24, 2022
$1,000,000
A2z Invest LLC
Pate Family Limited Partnership
Warranty Deed
$800,000 · Bank 34
Apr 28, 2006
$1,675,000
Pate Family
Oliva,ed
Warranty Deed
—
Feb 6, 2003
$925,000
Ed Oliva
Motz Family LP
Grant Deed
$925,000 · Motz Family LP
Jan 9, 2001
$815,000
Motz Family LP
Migw LLC
Grant Deed
$330,000 · Community Bank Arizona
Jan 13, 2000
—
Migw LLC
—
Grant Deed
related
$370,000 · Community Bank Arizona
May 3, 1999
$78,000
M I G W LLC
Clancy,george V
Grant Deed
—
—
—
Motz Trust
—
Deed Of Trust
related
$100,000 · Community Bank Arizona
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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