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Property profile & analytics
OFF-MARKET
Estimated value
$14,775,000
Mobile home & RV parks
18026 Cave Crk Rd Phoenix, AZ 85032-1612
Entity Owned
4-yr Hold
Property ID
US07-1194001
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1976
Construction
STEEL FRAME
Total area
2,306 SF
Lot
17.62 ac (767,511 SF)
Zoning code
R-4A
APN
214-07-025
UPID
US07-1194001
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
-
Geoff's Painting and Drywall Hardware & Home Improvement Interior Design
-
Paradise North Mobile Home Park Campground & RV Park
-
Adventurewest.tours Travel Agency Tour Operator
-
Tacos Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.13M
Blend (final)
Blend
$14.78M
Owner & transaction history
Park Paradise LLC · 4 yrs held
Park Paradise LLC
since 2022
7 recorded transactions
Zoning & alternative use
R-4A · Phoenix, 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 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
Blend value · Realmo final
$14.78M
Range $13.30M – $16.25M · ±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
$6,407 / 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
$39,261
Tax year 2023
Assessed value
$580,815
Assessed 2024
Previous assessed
$521,230
+11.4% YoY
Effective rate
6.76%
On assessed value
Land market value
$4,895,500
Improvement market value
$912,648
Total market value
$5,808,148
Applied tax rate
691,300.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1976
Construction
STEEL FRAME
Heating
SPACE
Cooling
YES
Buildings
3
Stories
1
Total area
2,306 SF
Lot
17.62 ac (767,511 SF)
Zoning code
R-4A
APN
214-07-025
UPID
US07-1194001
Jurisdiction
MARICOPA
Zoning & alternative use
R-4A · Phoenix, AZ
Zoning R-4A · permitted uses
R-4A · 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.
Building & site characteristics
From public records
Year built
1976
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
3
Lot
17.62 ac
Current owner
From public records · entity-resolved
Park Paradise LLC
Entity
Mailing address
18026 N CAVE CRK RD, PHOENIX, AZ 85032-1612
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Apr 29, 2022
—
Park Paradise LLC
Ralph H Lares
Re-recorded Document
related
$2,500,000 · Capital One Bank NA
Aug 2, 1994
—
Park,paradise LLC
Lares
Grant Deed
related
—
May 3, 1993
—
Lares Trust
Lares
Quit Claim Deed
related
$1,975,000 · Seller Carry Back
May 3, 1993
$2,925,000
Lares,ralph H
Mcdonald Group 1
Trustees Deed
—
Oct 4, 1991
$2,250,000
Mc Donald Group
Roles Inn Of Ame
Grant Deed
$1,500,000 · Seller
—
—
Park Paradise LLC
—
Deed Of Trust
related
$2,600,000 · Beech St Cap
—
—
Park Paradise LLC
—
Deed Of Trust
related
$2,600,000 · Gmac Commercial Mortgage 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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