Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,975,000
Community centers
22407 Ellsworth Rd Queen Creek, AZ 85142-9360
Entity Owned
1-yr Hold
Free & Clear
Property ID
US07-1203190
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1983
Construction
CONCRETE
Total area
7,154 SF
Lot
5.42 ac (235,965 SF)
Zoning code
R1-43
APN
304-65-021C
UPID
US07-1203190
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
-
Founder's Park Splash Pad Water Park Park
-
Founder's Park Community Center Park
-
Founders' Skate Park Sports Field & Court
-
Aldecoa Ball Field at Founders Park Sports Field & Court
-
Beginners Edge Sports Training Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.14M
Blend (final)
Blend
$3.98M
Owner & transaction history
Gtp Infrastructure I LLC · 1 yrs held
Gtp Infrastructure I LLC
since 2024
3 recorded transactions
Zoning & alternative use
R1-43 · Queen Creek, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of R1-43 is to provide areas for low intensity agricultural operations and to provide areas for very and low density single family uses in the Rural Preservation Tier, making R1-43 an appropriate transition district between rural and urban uses
Zone name
Rural Estate District
General category
RESIDENTIAL
Zone area
3,122.47 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$5.7M
+154.1%
Restaurant
$4.1M
+80.5%
Auto repair, garage
$3.2M
+40.6%
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 Queen Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Queen Creek 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
COMMERCIAL (GENERAL)
$5,740,000
Change: +154% · Conversion: Easy
RESTAURANT
$4,080,000
Change: +81% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,175,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$2,405,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$3.98M
Range $3.58M – $4.37M · ±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
$556 / 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
Assessed value
$634,095
Assessed 2024
Previous assessed
$416,820
+52.1% YoY
Land market value
$2,531,400
Improvement market value
$1,695,900
Total market value
$4,227,300
Applied tax rate
952,500.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1983
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
7,154 SF
Lot
5.42 ac (235,965 SF)
Zoning code
R1-43
APN
304-65-021C
UPID
US07-1203190
Jurisdiction
MARICOPA
Zoning & alternative use
R1-43 · Queen Creek, AZZoning R1-43 · permitted uses
R1-43 · Queen Creek, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of R1-43 is to provide areas for low intensity agricultural operations and to provide areas for very and low density single family uses in the Rural Preservation Tier, making R1-43 an appropriate transition district between rural and urban uses
Zone name
Rural Estate District
General category
RESIDENTIAL
Zone area
3,122.47 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$5.7M
RESTAURANT
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$3.2M
RETAIL STORES
Est. value
$2.4M
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
1983
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
5.42 ac
Current owner
From public records · entity-resolved
Gtp Infrastructure I LLC
Entity
Free & Clear · 1 yrs held
Mailing address
22350 S ELLSWORTH RD, QUEEN CREEK, AZ 85142-9311
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Aug 14, 2024
—
Gtp Infrastructure I LLC
Town Of Queen Creek
Lease
—
—
—
Gtp Infrastructure I LLC
—
Deed Of Trust
related
—
—
—
Town Of Queen Creek Municipal 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.
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 22407 Ellsworth Rd?
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.
