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Property profile & analytics
OFF-MARKET
Estimated value
$2,760,000
Strip malls
19509 Sunrise Blvd Surprise, AZ 85374-4793
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-1290930
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2001
Construction
CONCRETE
Total area
8,760 SF
Lot
1.32 ac (57,342 SF)
Zoning code
PAD
APN
232-32-970
UPID
US07-1290930
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
by Request
CAP Approach
CAP
$2.27M
Comparable Approach
Comparable
$2.86M
Blend (final)
Blend
$2.76M
Owner & transaction history
Rosendahl & Hemmingson LLC · 4 yrs held
Rosendahl & Hemmingson LLC
since 2021
Last sale
$3.3M
3 recorded transactions
Zoning & alternative use
PAD · Surprise, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.9M
+70.8%
Medical building
$3.4M
+49.2%
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 Surprise submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Surprise 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
$2,135,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,455,000
6.5%
$2,270,000
7%
$2,105,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,275,000
Current use
AUTO REPAIR, GARAGE
$3,890,000
Change: +71% · Conversion: Difficult
MEDICAL BUILDING
$3,395,000
Change: +49% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,010,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$2.76M
Range $2.48M – $3.04M · ±10% · vs last sale $3.28M (Sep 3 2021)
Last sale anchor
$3.28M
Sep 3 2021
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
$315 / 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
$21,064
Tax year 2023
Assessed value
$460,664
Assessed 2024
Previous assessed
$368,050
+25.2% YoY
Effective rate
4.57%
On assessed value
Land market value
$1,656,200
Improvement market value
$1,135,700
Total market value
$2,791,900
Applied tax rate
891,503.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2001
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
8,760 SF
Lot
1.32 ac (57,342 SF)
Zoning code
PAD
APN
232-32-970
UPID
US07-1290930
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Surprise, AZ
Zoning PAD · permitted uses
PAD · Surprise, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Surprise. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.4M
INDUSTRIAL (GENERAL)
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
2001
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.32 ac
Current owner
From public records · entity-resolved
Rosendahl & Hemmingson LLC
Entity
Mailing address
155 CHINQUAPIN AVE, CARLSBAD, CA 92008-7408
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2021
$3,275,000
Rosendahl & Hemmingson LLC
Lone Eagle Of Arizona LLC
Special Warranty Deed
$2,150,000 · Wells Fargo Bank NA
Oct 18, 2002
$2,230,000
Lone Eagle Of Arizona LLC
Clearview & Surprises LLC
Grant Deed
$1,480,000 · Clearview & Surprises LLC
—
—
Lone Eagle Of Arizona LLC
—
Deed Of Trust
related
$1,000,000 · Sunset Life Ins Co Of America
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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