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Property profile & analytics
FOR LEASE
Retail space
20800 N John Wayne Pkwy Maricopa, AZ 85139
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US07-0464751
For Lease
1 / 6
$3,040,000
20800 N John Wayne Pkwy, Maricopa, AZ 85139
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
CONCRETE
Total area
23,920 SF
Lot
2.55 ac (111,078 SF)
APN
512-04-9040
UPID
US07-0464751
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
-
Maricopa Jewelry and Pawn Discount Store (Bike/Boat/Book/etc) Store
-
PM Dental Dental Office
-
Liberty Tax Accounting Firm Tax Preparation
-
WYS Education, LLC Wellness Program Event Venue
-
AT&T Store Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.62M
Comparable Approach
Comparable
$3.23M
Blend (final)
Blend
$3.04M
Owner & transaction history
Aztec Ventures 43rd Street LLC · 7 yrs held
Aztec Ventures 43rd Street LLC
since 2018
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.7M
+16.9%
Office building
$3.3M
+3.6%
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 Maricopa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maricopa 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%
$3,915,000
6.5%
$3,615,000
7%
$3,355,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,145,000
Current use
COMMERCIAL (GENERAL)
$3,675,000
Change: +17% · Conversion: Easy
OFFICE BUILDING
$3,260,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$3.04M
Range $2.74M – $3.34M · ±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
$127 / 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
$93,175
Tax year 2023
Assessed value
$603,209
Assessed 2025
Previous assessed
$602,262
+0.2% YoY
Effective rate
15.45%
On assessed value
Assessed land
$125,108
Assessed improvement
$478,101
Land market value
$695,044
Improvement market value
$2,656,116
Total market value
$3,351,160
Applied tax rate
2,027.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2006
Construction
CONCRETE
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
23,920 SF
Lot
2.55 ac (111,078 SF)
APN
512-04-9040
UPID
US07-0464751
Jurisdiction
PINAL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$3.7M
OFFICE BUILDING
Est. value
$3.3M
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE 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
2006
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
1
Lot
2.55 ac
Current owner
From public records · entity-resolved
Aztec Ventures 43rd Street LLC
Entity
Mailing address
2701 E CAMELBACK RD STE #170, PHOENIX, AZ 85016-4331
Ownership since
2018
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
Apr 13, 2021
—
Aztec Ventures 43rd Street LLC
—
Deed
related
$4,180,000 · Security Service FCU
Dec 27, 2018
$6,100,000
Aztec Ventures 43rd Street LLC
Transition Investments LLC
Special Warranty Deed
$4,270,000 · Desert Schools FCU
Jul 11, 2008
$8,500,000
Transition Investments LLC
Maricopa Shops LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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