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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Warehouses
17998 186th St, Queen Creek, AZ 85142-5305
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-0051930
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1968
Construction
STEEL FRAME
Total area
2,100 SF
Lot
2.66 ac (115,913 SF)
Zoning code
EMP A
APN
304-61-015F
UPID
US07-0051930
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
-
Matador Coatings Powder Coating Service
-
ExoTek Powder Coating Service
-
Matador Rod and Customs Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$751k
Blend (final)
Blend
$735k
Owner & transaction history
Aalph Properties LLC · 5 yrs held
Aalph Properties LLC
since 2021
7 recorded transactions
Zoning & alternative use
EMP A · Queen Creek, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$930,000
+117.0%
Retail stores
$705,000
+64.4%
Neighborhood: shopping center
$665,000
+54.3%
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 Queen Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Queen Creek 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
AUTO REPAIR, GARAGE
$930,000
Change: +117% · Conversion: Easy
RETAIL STORES
$705,000
Change: +64% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$665,000
Change: +54% · Conversion: Moderate
MEDICAL BUILDING
$535,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$500,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$735k
Range $662k – $809k · ±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
$350 / 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
$10,717
Tax year 2023
Assessed value
$187,458
Assessed 2024
Previous assessed
$162,248
+15.5% YoY
Effective rate
5.72%
On assessed value
Land market value
$850,100
Improvement market value
$286,007
Total market value
$1,136,107
Applied tax rate
602,500.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1968
Construction
STEEL FRAME
Heating
NONE
Cooling
EVAPORATIVE
Buildings
5
Stories
1
Units
5
Total area
2,100 SF
Lot
2.66 ac (115,913 SF)
Zoning code
EMP A
APN
304-61-015F
UPID
US07-0051930
Jurisdiction
MARICOPA
Zoning & alternative use
EMP A · Queen Creek, AZ
Zoning EMP A · permitted uses
EMP A · Queen Creek, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Queen Creek. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$930,000
RETAIL STORES
Est. value
$705,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$665,000
MEDICAL BUILDING
Est. value
$535,000
OFFICE BUILDING
Est. value
$500,000
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
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
1968
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
5
Units
5
Lot
2.66 ac
Current owner
From public records · entity-resolved
Aalph Properties LLC
Entity
Mailing address
4547 E MEADOWVIEW DR, GILBERT, AZ 85298-4002
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
May 5, 2021
—
Aalph Properties LLC
William Aldous
Warranty Deed
$720,000 · Mountain America FCU
Mar 4, 2016
$926,300
William Aldous
Desert Monster Garage LLC
Warranty Deed
$824,783 · First International Bank & Trust
Apr 30, 2014
$650,000
Desert Monster Garage LLC
Sabatinos,james
Grant Deed
$625,000 · James & Gwethlyn J Sabatinos
Mar 26, 2014
—
James Sabatinos
Gardner Wayne L
Trustees Deed
related
—
May 18, 2010
$650,000
Harmon Wesley Living Trust
Sabatinos,james & Gwethlyn J
Warranty Deed
$650,000 · James & Gwethlyn J Sabatinos
May 12, 2010
—
T6 Unison Site Management LLC
—
Deed Of Trust
related
$200,000,000 · Deutsche Bank Trust Co America
Apr 19, 2005
$847,000
Jim Sabatinos
Peacock,donald T & Barbara J
Warranty Deed
$157,000 · Peacock Donald T & B J Tr (tr)
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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