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Property profile & analytics
OFF-MARKET
Estimated value
$1,245,000
Flex space
175 Hamilton Pl Ste 109 Gilbert, AZ 85233-5507
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US07-0083089
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2004
Construction
CONCRETE
Total area
16,152 SF
Lot
0.07 ac (3,232 SF)
Zoning code
LI
APN
302-29-508
UPID
US07-0083089
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
$928k
Blend (final)
Blend
$1.25M
Owner & transaction history
Tmc Capital LLC · 9 yrs held
Tmc Capital LLC
since 2017
7 recorded transactions
Zoning & alternative use
LI · Gilbert, 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 Gilbert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gilbert 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
Blend value · Realmo final
$1.25M
Range $1.12M – $1.37M · ±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
$77 / 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
$4,426
Tax year 2023
Assessed value
$83,523
Assessed 2024
Previous assessed
$68,765
+21.5% YoY
Effective rate
5.30%
On assessed value
Land market value
$101,200
Improvement market value
$405,000
Total market value
$506,200
Applied tax rate
410,600.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2004
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
16,152 SF
Lot
0.07 ac (3,232 SF)
Zoning code
LI
APN
302-29-508
UPID
US07-0083089
Jurisdiction
MARICOPA
Zoning & alternative use
LI · Gilbert, AZ
Zoning LI · permitted uses
LI · Gilbert, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gilbert. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Tmc Capital LLC
Entity
Mailing address
10432 E IRWIN CIR, MESA, AZ 85209-7722
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2017
$310,000
Tmc Capital LLC
Hien Tran
Special Warranty Deed
$288,000 · Wells Fargo Bank NA
Mar 20, 2012
$227,500
Hien Tran
Wells Fargo Bank National Associati
Special Warranty Deed
—
Nov 8, 2011
$192,308
Fargo Bk NA Wells
Burgeson,wade M
Trustees Deed
related
—
Sep 27, 2007
$520,500
Moody Blues LLC
Klhg Property LLC
Special Warranty Deed
$482,800 · Wells Fargo Bank NA
Aug 30, 2005
$465,000
Intelecom International LLC
Biltomore Elliot LLC
Grant Deed
related
—
Jul 29, 2005
$545,000
Patterson Bruflat Props LLC
Biltmore Elliot LLC
Grant Deed
related
$568,000 · Irwin Union Bank Fsb
Jul 15, 2005
$541,000
Surveillance Security INC
Biltmore Elliot LLC
Grant Deed
related
$557,800 · First National Bank Arizona
Apr 28, 2005
—
Klhg Property LLC
Biltmore Elliot LLC
Grant Deed
related
$250,000 · Johnson Bank Arizona NA
Dec 14, 2004
$335,000
Bestway Countertops LLC
Biltmore Elliot LLC
Grant Deed
related
$324,000 · M & I Marshall & Isley Bank
Aug 13, 2004
$307,000
Klhg Properties LLC
Biltmore Elliot LLC
Grant Deed
related
—
—
—
Syran LLC
—
Deed Of Trust
related
$600,000 · Wells Fargo Bank
—
—
Mody Trust
—
Deed Of Trust
related
$435,000 · Mellon First Business 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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