Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Office buildings
210 Catalina Dr Phoenix, AZ 85012-3045
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US07-1383362
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
CONCRETE
Total area
3,528 SF
Lot
0.28 ac (12,375 SF)
Zoning code
R-5
APN
118-35-082
UPID
US07-1383362
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
-
Lisa Sette Gallery Art Gallery Tourist Attraction
-
ALAN BUR JOHNSON Artist
-
Architectural Alliance Inc Architect
-
Rachel Bess Artist
-
DAMION BERGER Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.05M
Owner & transaction history
Chang & Eng LLC · 12 yrs held
Chang & Eng LLC
since 2013
5 recorded transactions
Zoning & alternative use
R-5 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of R-5 is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes
Zone name
Multifamily Residence Restricted Commercial
General category
COMMERCIAL
Zone area
4,750.37 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$1.5M
+162.1%
Retail stores
$1.1M
+84.9%
Medical building
$935,000
+64.7%
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 Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix 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
AUTO REPAIR, GARAGE
$1,490,000
Change: +162% · Conversion: Difficult
RETAIL STORES
$1,050,000
Change: +85% · Conversion: Moderate
MEDICAL BUILDING
$935,000
Change: +65% · Conversion: Easy
WAREHOUSE, STORAGE
$915,000
Change: +61% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$900,000
Change: +58% · Conversion: Difficult
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±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
$296 / 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
$8,721
Tax year 2023
Assessed value
$190,841
Assessed 2024
Previous assessed
$145,248
+31.4% YoY
Effective rate
4.57%
On assessed value
Land market value
$804,300
Improvement market value
$352,313
Total market value
$1,156,613
Applied tax rate
81,300.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
3,528 SF
Lot
0.28 ac (12,375 SF)
Zoning code
R-5
APN
118-35-082
UPID
US07-1383362
Jurisdiction
MARICOPA
Zoning & alternative use
R-5 · Phoenix, AZZoning R-5 · permitted uses
R-5 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of R-5 is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes
Zone name
Multifamily Residence Restricted Commercial
General category
COMMERCIAL
Zone area
4,750.37 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.5M
RETAIL STORES
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$935,000
WAREHOUSE, STORAGE
Est. value
$915,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$900,000
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1980
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Chang & Eng LLC
Entity
Mailing address
5802 N CYN DR, PHOENIX, AZ 85016-2405
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2016
—
Chang & Eng LLC
—
Deed
related
$319,415 · First Citizens Bank & Trust Co
Nov 15, 2013
$521,000
Chang & Eng LLC
Munninger,katherine A Trust
Grant Deed
$425,000 · Munninger Katherine A (te)
Apr 12, 1996
$175,000
Katherine A Munninger
Barry D Shepard
Grant Deed
—
Nov 20, 1992
$150,000
Barry D Shepard
Shr Graphics Des
Grant Deed
$120,000 · National Bank Arizona
Aug 18, 1988
$65,000
Graphic Desi Shr
—
Deed Of Trust
related
—
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?”
You own 210 Catalina Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
