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Property profile & analytics
OFF-MARKET
Estimated value
$1,840,000
Strip malls
2150 Cactus Rd Ste 100, Phoenix, AZ 85022-5904
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-3435043
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1988
Construction
CONCRETE
Total area
12,200 SF
Lot
1.11 ac (48,308 SF)
Zoning code
C-2
APN
166-14-037L
UPID
US07-3435043
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
by Request
Comparable Approach
Comparable
$2.07M
Blend (final)
Blend
$1.84M
Owner & transaction history
Redeemed Christian Church Of God · 4 yrs held
Redeemed Christian Church Of God
since 2022
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,650,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.84M
Range $1.66M – $2.02M · ±10% · vs last sale $1.80M (Apr 15 2022)
Last sale anchor
$1.80M
Apr 15 2022
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
$151 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$19,841
Tax year 2022
Assessed value
$249,320
Assessed 2024
Previous assessed
$221,221
+12.7% YoY
Effective rate
7.96%
On assessed value
Land market value
$439,300
Improvement market value
$1,071,732
Total market value
$1,511,032
Applied tax rate
691,300.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1988
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
12,200 SF
Lot
1.11 ac (48,308 SF)
Zoning code
C-2
APN
166-14-037L
UPID
US07-3435043
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZ
Zoning C-2 · permitted uses
C-2 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
Redeemed Christian Church Of God
Entity
Mailing address
2150 E CACTUS RD, PHOENIX, AZ 85022-5900
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Apr 15, 2022
$1,800,000
Redeemed Christian Church Of God
Llmj Tari LLC
Special Warranty Deed
$1,350,000 · Arizona Bank & Trust
Nov 5, 2020
—
Llmj Tari LLC
Tari Elmo Trust
Quit Claim Deed
—
Feb 17, 2016
—
Tari,elmo Trust
Tari,elmo
Quit Claim Deed
related
—
Jan 29, 2004
—
Elmo Tari
Tari,josephine G
Quit Claim Deed
related
$450,000 · Bank Of America
Jan 29, 2004
$600,000
Elmo Tari
Tari,elmo
Grant Deed
related
$450,000 · Bank Of America
Feb 28, 1992
$465,000
Tari Elmo
Cobblestone Cent
Grant Deed
related
$340,000 · Seller
Sep 22, 1988
—
Cobblestone Cent
Unknown
Trustees Deed
related
—
Sep 1, 1988
$500,000
Cobblestone Cent
Eagle
Trustees 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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