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Property profile & analytics
OFF-MARKET
Strip malls
20311 Ellsworth Rd Queen Creek, AZ 85142-2400
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-1428623
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2019
Construction
CONCRETE
Total area
7,380 SF
Lot
3.03 ac (132,073 SF)
Zoning code
C-1
APN
304-62-948
UPID
US07-1428623
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
-
Dental Care at Tumbleweed Pass Dental Office
-
Pu Yu Su, DDS Dental Office
-
Sport Clips Haircuts of Queen Creek - Ellsworth Hair Salon
-
Athletico Physical Therapy - Queen Creek Physician
-
Crown One Beauty Supply (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Shops At Terravella LLC · 4 yrs held
Shops At Terravella LLC
since 2021
Last sale
$9.0M
1 recorded transaction
Zoning & alternative use
C-1 · Queen Creek, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of C-1 is to provide Indoor retail, service, and office use requiring arterial street access and business and commercial development along urban arterials
Zone name
Light Commercial District
General category
COMMERCIAL
Zone area
149.23 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$48,586
Tax year 2023
Assessed value
$633,912
Assessed 2024
Previous assessed
$523,787
+21.0% YoY
Effective rate
7.66%
On assessed value
Land market value
$948,100
Improvement market value
$2,893,793
Total market value
$3,841,893
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2019
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
7,380 SF
Lot
3.03 ac (132,073 SF)
Zoning code
C-1
APN
304-62-948
UPID
US07-1428623
Jurisdiction
MARICOPA
Zoning & alternative use
C-1 · Queen Creek, AZZoning C-1 · permitted uses
C-1 · 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 C-1 is to provide Indoor retail, service, and office use requiring arterial street access and business and commercial development along urban arterials
Zone name
Light Commercial District
General category
COMMERCIAL
Zone area
149.23 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2019
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
3.03 ac
Current owner
From public records · entity-resolved
Shops At Terravella LLC
Entity
Mailing address
8750 SE 155TH AVE #68, HAPPY VALLEY, OR 97086-5533
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2021
$9,000,000
Shops At Terravella LLC
Ellsworth & Queen Creek LLC
Special Warranty Deed
$4,461,000 · Arizona FCU
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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