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Property profile & analytics
OFF-MARKET
Estimated value
$3,735,000
Commercial real estate
18421 Mcdowell Rd Goodyear, AZ 85395-5613
Entity Owned
~
Est. High Equity
Property ID
US07-0326755
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2004
Construction
STEEL FRAME
Total area
1,848 SF
Lot
4.4 ac (191,543 SF)
Zoning code
I-1
APN
502-37-064K
UPID
US07-0326755
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
-
Ewing Outdoor Supply Garden Center Hardware & Home Improvement
-
Weather King Of Buckeye Production Facility Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.71M
Blend (final)
Blend
$3.74M
Owner & transaction history
Ewing Irrigation Products INC
Ewing Irrigation Products INC
since 2026
Last sale
$3.8M
5 recorded transactions
Zoning & alternative use
I-1 · Goodyear, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of I-1 zone is to promote and protect light manufacturing, warehouses and research and development industries, to cluster such industries into attractive planned industrial parks, to minimize incompatibility of industrial uses with adjacent land uses and provide sufficient space in appropriate locations to businesses and manufacturing firms free…
Zone name
Light Industrial Park
General category
INDUSTRIAL
Zone area
1,948.64 ac
Source
Realmo
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 Goodyear submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goodyear 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
$3.74M
Range $3.36M – $4.11M · ±10% · vs last sale $3.75M (Jan 22 2026)
Last sale anchor
$3.75M
Jan 22 2026
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
$2,021 / 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
$5,102
Tax year 2023
Assessed value
$227,878
Assessed 2024
Previous assessed
$225,454
+1.1% YoY
Effective rate
2.24%
On assessed value
Land market value
$1,291,200
Improvement market value
$89,878
Total market value
$1,381,078
Applied tax rate
250,000.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
1,848 SF
Lot
4.4 ac (191,543 SF)
Zoning code
I-1
APN
502-37-064K
UPID
US07-0326755
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Goodyear, AZZoning I-1 · permitted uses
I-1 · Goodyear, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of I-1 zone is to promote and protect light manufacturing, warehouses and research and development industries, to cluster such industries into attractive planned industrial parks, to minimize incompatibility of industrial uses with adjacent land uses and provide sufficient space in appropriate locations to businesses and manufacturing firms free from offensive land uses in modern, landscaped buildings and surroundings
Zone name
Light Industrial Park
General category
INDUSTRIAL
Zone area
1,948.64 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2004
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
4.4 ac
Current owner
From public records · entity-resolved
Ewing Irrigation Products INC
Entity
Mailing address
18421 W MCDOWELL RD, GOODYEAR, AZ 85395-5613
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2026
$3,750,000
Ewing Irrigation Products INC
Mark Milhon Revocable Trust
Special Warranty Deed
—
Jan 24, 2017
—
Milhon,mark Trust
Milhon,mark I
Quit Claim Deed
related
—
Mar 19, 2015
—
Mark I Milhon
Milhon Doras K
Quit Claim Deed
related
—
—
—
Mark I Milhon
—
Deed Of Trust
related
$500,000 · Metro Phoenix Bank
—
—
Mark I Milhon
—
Deed Of Trust
related
$555,000 · Meridian 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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