New search
Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Strip malls
16948 Shea Blvd Fountain Hills, AZ 85268-6600
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-1407464
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1989
Construction
CONCRETE
Total area
7,405 SF
Lot
0.9 ac (39,335 SF)
Zoning code
C-1
APN
176-10-001X
UPID
US07-1407464
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
$715k
Owner & transaction history
Jpc Equity LLC · 4 yrs held
Jpc Equity LLC
since 2021
Last sale
$500,050
7 recorded transactions
Zoning & alternative use
C-1 · 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
$97 / 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
$10,136
Tax year 2023
Assessed value
$217,701
Assessed 2024
Previous assessed
$219,249
-0.7% YoY
Effective rate
4.66%
On assessed value
Land market value
$701,800
Improvement market value
$617,600
Total market value
$1,319,400
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1989
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Total area
7,405 SF
Lot
0.9 ac (39,335 SF)
Zoning code
C-1
APN
176-10-001X
UPID
US07-1407464
Jurisdiction
MARICOPA
Zoning & alternative use
C-1 · Fountain Hills, AZ
Zoning C-1 · permitted uses
C-1 · 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
Year built
1989
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.9 ac
Current owner
From public records · entity-resolved
Jpc Equity LLC
Entity
Mailing address
PO BOX 4280, SCOTTSDALE, AZ 85261-4280
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2021
$500,050
Jpc Equity LLC
John A Gilligan SR.
Special Warranty Deed
—
Dec 19, 2018
—
Sligo Holdings LLC
—
Deed
related
$1,775,000 · Miscellaneous Ins Co
Nov 20, 2012
—
Sligo Holdings LLC
Gilligan Family Trust
Warranty Deed
—
Apr 20, 1995
$1,150,000
Gilligan Trust
Equity Partners
Grant Deed
—
Oct 27, 1988
—
Equity Partners
Unknown
Grant Deed
related
—
—
—
Sligo Holdings LLC
—
Deed Of Trust
related
$1,775,000 · Miscellaneous Ins Co
—
—
Gilligan Family Trust
—
Deed Of Trust
related
$387,708 · Pinnacle Bank
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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