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Property profile & analytics
OFF-MARKET
Estimated value
$6,705,000
Warehouses
2301 Indian School Rd Phoenix, AZ 85015-4931
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-1247641
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1993
Construction
CONCRETE
Total area
57,445 SF
Lot
3 ac (130,879 SF)
Zoning code
C-3
APN
110-03-024A
UPID
US07-1247641
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
-
Central Sports Complex Inc. Gym & Fitness Center Sports Field & Court
-
Beacon of Light Community Church Church Mosque
-
International Junior Futsal Association Gym & Fitness Center Sports Field & Court
-
CSC Box Lacrosse Gym & Fitness Center Sports Field & Court
-
A-Z Air Duct HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.75M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.71M
Owner & transaction history
Iron Doors Holding LLC · 2 yrs held
Iron Doors Holding LLC
since 2023
Last sale
$4.6M
4 recorded transactions
Zoning & alternative use
C-3 · 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
$4,385,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,315,000
6.5%
$6,750,000
7%
$6,270,000
Blend value · Realmo final
$6.71M
Range $6.03M – $7.38M · ±10% · vs last sale $4.61M (Sep 21 2023)
Last sale anchor
$4.61M
Sep 21 2023
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
$117 / 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
$77,075
Tax year 2022
Assessed value
$844,068
Assessed 2024
Previous assessed
$637,126
+32.5% YoY
Effective rate
9.13%
On assessed value
Land market value
$1,189,000
Improvement market value
$3,926,564
Total market value
$5,115,564
Applied tax rate
681,300.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1993
Construction
CONCRETE
Heating
SPACE
Cooling
YES
Stories
1
Total area
57,445 SF
Lot
3 ac (130,879 SF)
Zoning code
C-3
APN
110-03-024A
UPID
US07-1247641
Jurisdiction
MARICOPA
Zoning & alternative use
C-3 · Phoenix, AZ
Zoning C-3 · permitted uses
C-3 · 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
1993
Construction
CONCRETE
Heating
SPACE
Cooling
Yes
Stories
1
Lot
3 ac
Current owner
From public records · entity-resolved
Iron Doors Holding LLC
Entity
Mailing address
2301 W INDIAN SCHOOL RD, PHOENIX, AZ 85015-4931
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2024
—
Iron Doors Holding LLC
—
Deed
related
$1,000,000 · Zb NA
Sep 21, 2023
—
Iron Doors Holding LLC
Iron Doors Arizona LLC
Intrafamily Transfer
related
$2,101,000 · The Mortgage Capital Development Co
Jul 21, 2021
$4,610,000
Iron Doors Arizona LLC
Kenneth Yongwhan Seo
Special Warranty Deed
$2,592,500 · Zb NA
—
—
Yong W Seo
—
Deed Of Trust
related
$500,000 · Centerbank
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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