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Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Retail space
1833 Indian School Rd Phoenix, AZ 85016-5912
Trust Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-2362849
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1947
Construction
CONCRETE
Total area
9,900 SF
Lot
0.13 ac (5,800 SF)
Zoning code
C-C
APN
119-28-004A
UPID
US07-2362849
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
-
E3 Supply Big Box & Wholesale Store
-
Car Window Auto Tint Auto Repair Shop
-
Lennick Kermit Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.06M
Owner & transaction history
Shemesh Uri & Melinda Trust · 15 yrs held
Shemesh Uri & Melinda Trust
since 2010
7 recorded transactions
Zoning & alternative use
C-C · Phoenix, AZ
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
$1.06M
Range $950k – $1.16M · ±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
$107 / 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
$8,519
Tax year 2023
Assessed value
$97,202
Assessed 2024
Previous assessed
$78,829
+23.3% YoY
Effective rate
8.76%
On assessed value
Land market value
$252,500
Improvement market value
$336,600
Total market value
$589,100
Applied tax rate
141,300.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1947
Construction
CONCRETE
Heating
NONE
Cooling
EVAPORATIVE
Stories
1
Total area
9,900 SF
Lot
0.13 ac (5,800 SF)
Zoning code
C-C
APN
119-28-004A
UPID
US07-2362849
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Phoenix, AZZoning C-C · permitted uses
C-C · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Public/Zoning (MapServer)
Building & site characteristics
From public records
Year built
1947
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Shemesh Uri & Melinda Trust
Trust
Mailing address
4408 N 12TH ST STE #200, PHOENIX, AZ 85014-6029
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2010
—
Shemesh Uri & Melinda Trust
Amur LLC
Grant Deed
related
—
Aug 9, 2010
—
Amur LLC
Shemesh,uri & Melinda
Grant Deed
related
—
Jun 25, 2009
$510,000
Uri Shemesh
Sterling Savings Bank
Grant Deed
—
May 7, 2009
$574,080
Sterling Svgs Bk
Baron Carol M
Trustees Deed
related
—
Dec 18, 2007
—
Marino Family Trust
Marino,gil & Patrice
Quit Claim Deed
related
—
Jun 20, 2007
$895,000
Gil Marino
Sebanc Family Trust
Warranty Deed
$671,300 · Sterling Savings Bank
Apr 14, 2006
—
Sebanc Family Trust
Premiere Properties INC
Warranty Deed
related
—
Nov 18, 2004
$800,000
Premiere Properties INC
Lennick,kermit & Heidemarie
Warranty Deed
related
—
Jun 13, 2003
—
Kermit Lennick
Lennick,kermit & Heidemarie
Quit Claim Deed
related
—
Oct 18, 1999
$277,000
Kerrit Lennick
A & B Trust
Grant Deed
related
$225,000 · Seller
—
—
Shemesh,uri & Melinda Trust
—
Deed Of Trust
related
$350,000 · Alliance Bank Of Arizona
—
—
Premiere Properties INC
—
Deed Of Trust
related
$200,000 · Dobos Stacey S Trust (tr) 006329
—
—
Premiere Properties INC
—
Deed Of Trust
related
$560,000 · Cedars 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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