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Property profile & analytics
OFF-MARKET
Parking lots & garages
21846 154th St Gilbert, AZ 85298-0284
Entity Owned
3-yr Hold
Free & Clear
Property ID
US07-1360065
Property profile
Verified
Property type
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Year built
1995
Construction
STEEL FRAME
Total area
768 SF
Lot
2.42 ac (105,545 SF)
Zoning code
RU-43
APN
304-71-061H
UPID
US07-1360065
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Maricopa County · 3 yrs held
Maricopa County
since 2023
Last sale
$52,710
5 recorded transactions
Zoning & alternative use
RU-43 · Gilbert, AZ
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 Gilbert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gilbert 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
$3,430
Tax year 2023
Assessed value
$62,564
Assessed 2024
Previous assessed
$54,560
+14.7% YoY
Effective rate
5.48%
On assessed value
Land market value
$542,300
Improvement market value
$83,341
Total market value
$625,641
Applied tax rate
800,024.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Status
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
768 SF
Lot
2.42 ac (105,545 SF)
Zoning code
RU-43
APN
304-71-061H
UPID
US07-1360065
Jurisdiction
MARICOPA
Zoning & alternative use
RU-43 · Gilbert, AZZoning RU-43 · permitted uses
RU-43 · Gilbert, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Layer: Zoning (ID: 8)
Building & site characteristics
From public records
Year built
1995
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
2.42 ac
Current owner
From public records · entity-resolved
Maricopa County
Entity
Free & Clear · 3 yrs held
Ownership since
2023
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
Jun 8, 2023
$52,710
Maricopa County
Victoria Rullis Revocable Living Tr
Warranty Deed
—
Oct 23, 2015
—
Susan G Farrington
Farrington,susan
Quit Claim Deed
related
—
Dec 20, 2010
—
Susan Farrington
Farrington,teresa
Quit Claim Deed
related
$158,245 · Nationstar Mortgage LLC
Jun 25, 2008
—
Susan G Farrington
Farrington,susan G
Quit Claim Deed
related
$155,750 · Sterling Mortgage
Sep 23, 1997
$180,000
Susan Farrington
Charles J & Dana Mifsud
Grant Deed
$171,000 · American Bantrust Mortgage
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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