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Property profile & analytics
OFF-MARKET
Estimated value
$30,135,000
Warehouses
1740 Happy Vly Rd Phoenix, AZ 85085-0036
Individually Owned
7-yr Hold
Free & Clear
Property ID
US07-2553939
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2018
Construction
CONCRETE
Total area
85,282 SF
Lot
2.3 ac (100,118 SF)
Zoning code
C-2
APN
210-10-019F
UPID
US07-2553939
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
Current use
Occupant on record · Public records
-
SmartStop Self Storage - Phoenix Storage Facility
-
Bazaar Furniture Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$30.56M
Blend (final)
Blend
$30.14M
Owner & transaction history
Ssgt Il 1740 W Happy Valley · 7 yrs held
Ssgt Il 1740 W Happy Valley
since 2019
4 recorded transactions
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$45.5M
+105.8%
Auto repair, garage
$36.0M
+62.8%
Retail stores
$25.4M
+14.8%
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 Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$22,135,000
Current use
RESTAURANT
$45,540,000
Change: +106% · Conversion: Difficult
AUTO REPAIR, GARAGE
$36,035,000
Change: +63% · Conversion: Easy
RETAIL STORES
$25,410,000
Change: +15% · Conversion: Moderate
MEDICAL BUILDING
$22,635,000
Change: +2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$21,705,000
Change: -2% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$18,760,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$30.14M
Range $27.12M – $33.15M · ±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
$353 / 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
$93,627
Tax year 2023
Assessed value
$2,557,814
Assessed 2024
Previous assessed
$2,355,163
+8.6% YoY
Effective rate
3.66%
On assessed value
Land market value
$1,741,100
Improvement market value
$13,760,800
Total market value
$15,501,900
Applied tax rate
971,300.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2018
Construction
CONCRETE
Heating
NONE
Stories
2
Total area
85,282 SF
Lot
2.3 ac (100,118 SF)
Zoning code
C-2
APN
210-10-019F
UPID
US07-2553939
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZ
Zoning C-2 · permitted uses
C-2 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$22.1M
RESTAURANT
Est. value
$45.5M
AUTO REPAIR, GARAGE
Est. value
$36.0M
RETAIL STORES
Est. value
$25.4M
MEDICAL BUILDING
Est. value
$22.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$21.7M
INDUSTRIAL (GENERAL)
Est. value
$18.8M
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
2018
Construction
CONCRETE
Heating
NONE
Stories
2
Lot
2.3 ac
Current owner
From public records · entity-resolved
Ssgt Il 1740 W Happy Valley
Individual
Free & Clear · 7 yrs held
Mailing address
10 TER RD, LADERA RANCH, CA 92694-1182
Ownership since
2019
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
Jan 21, 2021
—
Ssgt II 1740 W Happy Vly Rd Ll
—
Deed
related
$104,000,000 · Tcf Nat'l Bk
Nov 7, 2019
—
Ssgt Il 1740 W Happy Vly Rd Ll
—
Grant Deed
related
$33,900,000 · Tcf Nat'l Bk
May 15, 2019
$8,400,000
Ssgt Il 1740 W Happy Valley
Happy Valley Self-storage
Grant Deed
—
—
—
Ssgt II 1740 W Happy Vly Rd Ll
—
Loan Modification
related
$104,000,000 · Tcf Nat'l Bk
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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