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Property profile & analytics
OFF-MARKET
Estimated value
$2,840,000
Car washes
2297 Val Vis Dr Gilbert, AZ 85295-5500
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-0877719
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2007
Construction
STEEL FRAME
Total area
3,854 SF
Lot
2.57 ac (112,058 SF)
Zoning code
C-C
APN
304-41-932
UPID
US07-0877719
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
-
Cobblestone Auto Spa Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.87M
Blend (final)
Blend
$2.84M
Owner & transaction history
Cobblestone Auto Spa 34 Propco · 5 yrs held
Cobblestone Auto Spa 34 Propco
since 2020
7 recorded transactions
Zoning & alternative use
C-C · Gilbert, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Layer: Zoning (ID: 8)
Top alternative use upside
Commercial (general)
$3.1M
+80.8%
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
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
$1,710,000
Current use
COMMERCIAL (GENERAL)
$3,095,000
Change: +81% · Conversion: Moderate
Blend value · Realmo final
$2.84M
Range $2.56M – $3.12M · ±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
$737 / 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
$42,518
Tax year 2023
Assessed value
$842,701
Assessed 2024
Previous assessed
$676,583
+24.6% YoY
Effective rate
5.05%
On assessed value
Land market value
$2,906,100
Improvement market value
$2,201,176
Total market value
$5,107,276
Applied tax rate
410,609.0000
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Buildings
3
Stories
1
Units
3
Total area
3,854 SF
Lot
2.57 ac (112,058 SF)
Zoning code
C-C
APN
304-41-932
UPID
US07-0877719
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Gilbert, AZZoning C-C · permitted uses
C-C · 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)
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$3.1M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
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
2007
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
2.57 ac
Current owner
From public records · entity-resolved
Cobblestone Auto Spa 34 Propco
Individual
Mailing address
8900 E BAHIA DR STE #200, SCOTTSDALE, AZ 85260-3301
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2023
—
Cobblestone Propco LLC
—
Deed
related
$25,000,000 · Tcg Senior Funding LLC
Mar 4, 2021
—
Cobblestone Auto Spa 34 Propco LLC
—
Deed
related
$15,000,000 · Bmo Harris Bank NA
Aug 31, 2020
—
Cobblestone Auto Spa 34 Propco
Cobblestone Classic 34 LLC
Quit Claim Deed
—
Jul 12, 2016
—
Cobblestone Classic 34 LLC
Val Vista & Williams Field Cla
Grant Deed
$5,424,140 · Oneaz Cu
May 5, 2006
—
Val Vista
Owner Name Unavailable
Grant Deed
related
—
Aug 5, 2005
$1,500,000
Val Vista & Williams Field Classic
Val Vista & Williams Field Investor
Special Warranty Deed
$4,300,000 · Stearns Bank Arizona NA
—
—
Desert Dogs Gilbert Group LLC
—
Deed Of Trust
related
$160,000 · Community National Bank
—
—
Val Vista & Williams Field Cla
—
Deed Of Trust
related
$6,000,000 · Arizona St Cu
—
—
Cobblestone Classic 34 LLC
—
Loan Modification
related
$5,424,140 · Oneaz Cu
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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