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Property profile & analytics
OFF-MARKET
Estimated value
$11,300,000
Warehouses
18605 Mcdowell Rd, Goodyear, AZ 85395-5621
Entity Owned
21-yr Hold
Free & Clear
Property ID
US07-3309450
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Total area
32,616 SF
Lot
18.71 ac (815,045 SF)
Zoning code
I-1
APN
502-37-064P
UPID
US07-3309450
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
-
WM - Goodyear White Tank Hauling & Transfer Station Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.48M
Blend (final)
Blend
$11.30M
Owner & transaction history
WASTE MANAGEMENT ARIZONA INC
WASTE MANAGEMENT ARIZONA INC
Zoning & alternative use
I-1 · Goodyear, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$18.6M
+178.6%
Auto repair, garage
$14.5M
+117.0%
Retail stores
$11.0M
+64.4%
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
Alternative Use
Use
Estimation
RESTAURANT
$18,595,000
Change: +179% · Conversion: Difficult
AUTO REPAIR, GARAGE
$14,480,000
Change: +117% · Conversion: Easy
RETAIL STORES
$10,970,000
Change: +64% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$10,300,000
Change: +54% · Conversion: Moderate
OFFICE BUILDING
$9,720,000
Change: +46% · Conversion: Difficult
MEDICAL BUILDING
$8,305,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$11.30M
Range $10.17M – $12.43M · ±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
$346 / 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
$86,082
Tax year 2023
Assessed value
$1,144,276
Assessed 2024
Previous assessed
$1,110,157
+3.1% YoY
Effective rate
7.52%
On assessed value
Land market value
$4,262,200
Improvement market value
$2,750,300
Total market value
$7,012,500
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Heating
NONE
Buildings
4
Stories
1
Units
4
Total area
32,616 SF
Lot
18.71 ac (815,045 SF)
Zoning code
I-1
APN
502-37-064P
UPID
US07-3309450
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Goodyear, AZ
Zoning 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
Goodyear. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$18.6M
AUTO REPAIR, GARAGE
Est. value
$14.5M
RETAIL STORES
Est. value
$11.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.3M
OFFICE BUILDING
Est. value
$9.7M
MEDICAL BUILDING
Est. value
$8.3M
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
MEDICAL 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
2005
Heating
NONE
Stories
1
Buildings
4
Units
4
Lot
18.71 ac
Current owner
From public records · entity-resolved
WASTE MANAGEMENT ARIZONA INC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 1450, CHICAGO, IL 60690-1450
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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