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Property profile & analytics
OFF-MARKET
Estimated value
$22,320,000
Flex space
22253 Southern Ave, Buckeye, AZ 85326-4976
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US07-0412610
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2000
Construction
STEEL FRAME
Total area
71,304 SF
Lot
32.46 ac (1,413,861 SF)
Zoning code
IND-3
APN
504-44-021A
UPID
US07-0412610
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
-
Canam Steel Corporation Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$22.32M
Blend (final)
Blend
$22.32M
Owner & transaction history
Canam Steel Corp Corp · 13 yrs held
Canam Steel Corp Corp
since 2013
7 recorded transactions
Zoning & alternative use
IND-3 · Buckeye, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$31.7M
+93.4%
Retail stores
$24.0M
+46.5%
Neighborhood: shopping center
$22.5M
+37.6%
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 Buckeye submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buckeye 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
INDUSTRIAL (GENERAL)
$16,370,000
Current use
AUTO REPAIR, GARAGE
$31,660,000
Change: +93% · Conversion: Easy
RETAIL STORES
$23,985,000
Change: +47% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$22,520,000
Change: +38% · Conversion: Difficult
MEDICAL BUILDING
$18,155,000
Change: +11% · Conversion: Difficult
OFFICE BUILDING
$17,055,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$22.32M
Range $20.09M – $24.55M · ±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
$313 / 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
$75,989
Tax year 2022
Assessed value
$1,828,704
Assessed 2024
Previous assessed
$1,002,558
+82.4% YoY
Effective rate
4.16%
On assessed value
Land market value
$4,841,200
Improvement market value
$6,241,857
Total market value
$11,083,057
Applied tax rate
250,008.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Buildings
3
Stories
1
Units
3
Total area
71,304 SF
Lot
32.46 ac (1,413,861 SF)
Zoning code
IND-3
APN
504-44-021A
UPID
US07-0412610
Jurisdiction
MARICOPA
Zoning & alternative use
IND-3 · Buckeye, AZ
Zoning IND-3 · permitted uses
IND-3 · Buckeye, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buckeye. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$16.4M
AUTO REPAIR, GARAGE
Est. value
$31.7M
RETAIL STORES
Est. value
$24.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$22.5M
MEDICAL BUILDING
Est. value
$18.2M
OFFICE BUILDING
Est. value
$17.1M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
2000
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
32.46 ac
Current owner
From public records · entity-resolved
Canam Steel Corp Corp
Entity
Mailing address
4010 CLAY ST, POINT OF ROCKS, MD 21777-2016
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2017
—
Canam Steel Corp
—
Grant Deed
related
$640,000,000 · Morgan Stanley SR Fndg
Aug 21, 2014
—
Canam Steel Corp
—
Grant Deed
related
$70,000,000 · Wells Fargo Cap Fin
Jun 3, 2013
$2,260,000
Canam Steel Corp Corp
Quincy Joist Co
Grant Deed
—
Apr 25, 2007
—
Maricopa County
Quincy Joist
Warranty Deed
related
—
Oct 13, 2006
—
Quincy Joist Co
—
Deed Of Trust
related
$41,726,000 · Wells Fargo Credit Corp
Sep 22, 1999
$815,000
Ring Trust
Kaufman,janette L
Grant Deed
—
Mar 31, 1988
$1,542,857
Rainbow Southern
Doher
Grant Deed
—
—
—
Quincy Joist Co
—
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.
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