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Property profile & analytics
OFF-MARKET
Estimated value
$4,350,000
Industrial land
19208 196th St Queen Creek, AZ 85142
Entity Owned
1-yr Hold
Free & Clear
Property ID
US07-1743927
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
9.73 ac (423,890 SF)
Zoning code
R1-43
APN
304-61-041
UPID
US07-1743927
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.35M
Owner & transaction history
Queen Creek Storage LLC · 1 yrs held
Queen Creek Storage LLC
since 2024
Last sale
$4.4M
7 recorded transactions
Zoning & alternative use
R1-43 · Queen Creek, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of R1-43 is to provide areas for low intensity agricultural operations and to provide areas for very and low density single family uses in the Rural Preservation Tier, making R1-43 an appropriate transition district between rural and urban uses
Zone name
Rural Estate District
General category
RESIDENTIAL
Zone area
3,122.47 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 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
$4,350,000
ML approach
$4,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.35M
Range $3.92M – $4.79M · ±10% · vs last sale $4.35M (Oct 10 2024)
Last sale anchor
$4.35M
Oct 10 2024
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
—
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
$5,728
Tax year 2023
Assessed value
$304,485
Assessed 2024
Previous assessed
$304,485
+0.0% YoY
Effective rate
1.88%
On assessed value
Land market value
$2,029,900
Total market value
$2,029,900
Applied tax rate
952,501.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
9.73 ac (423,890 SF)
Zoning code
R1-43
APN
304-61-041
UPID
US07-1743927
Jurisdiction
MARICOPA
Zoning & alternative use
R1-43 · Queen Creek, AZZoning R1-43 · permitted uses
R1-43 · Queen Creek, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of R1-43 is to provide areas for low intensity agricultural operations and to provide areas for very and low density single family uses in the Rural Preservation Tier, making R1-43 an appropriate transition district between rural and urban uses
Zone name
Rural Estate District
General category
RESIDENTIAL
Zone area
3,122.47 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
9.73 ac
Current owner
From public records · entity-resolved
Queen Creek Storage LLC
Entity
Free & Clear · 1 yrs held
Mailing address
19208 S 196TH ST #110, MESA, AZ 85206
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2025
—
Queen Creek Storage LLC
—
Deed
related
$13,028,336 · First International Bank & Trust
Oct 10, 2024
$4,350,000
Queen Creek Storage LLC
Arizona Self Storage At Queen Creek
Special Warranty Deed
—
Jan 24, 2020
$1,065,000
4415 Exchange Of Queen Creek S
Wd-50 LLC
Warranty Deed
—
Dec 28, 2018
$1,000,000
Wd-50 LLC
Swan Valley Group LP
Grant Deed
$900,000 · Swan Valley Group LP
Jun 28, 2006
$1,500,000
Swan Valley Group
Good,david S & Debbie M
Grant Deed
—
May 24, 2004
$375,000
David S Good
Klotz,richard D & Jeanne
Quit Claim Deed
related
$275,000 · Richard D & Jeanne Klotz
Feb 11, 2004
—
Bharti-sona Trust
Klotz,richard D & Jeanne
Quit Claim Deed
related
—
Jun 23, 1987
$160,000
Klotz Richard
Gersa
Grant Deed
—
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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