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Property profile & analytics
OFF-MARKET
Estimated value
$10,205,000
Individual retail properties
2306 Bethany Home Rd Phoenix, AZ 85015-1824
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US07-0037879
Property profile
Verified
Property type
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Year built
1975
Construction
CONCRETE
Total area
5,931 SF
Lot
0.92 ac (39,914 SF)
Zoning code
C-2
APN
156-05-001C
UPID
US07-0037879
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
-
DolEx Dollar Express Check Cashing
-
Global Mart Water & Ice Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.20M
Blend (final)
Blend
$10.21M
Owner & transaction history
Diamondback Laundries LLC · 9 yrs held
Diamondback Laundries LLC
since 2017
7 recorded transactions
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
Zone name
Intermediate Commercial
General category
COMMERCIAL
Zone area
13,095.06 ac
Source
Realmo
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.21M
Range $9.18M – $11.23M · ±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
$1,721 / 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
$13,341
Tax year 2023
Assessed value
$171,394
Assessed 2024
Previous assessed
$138,873
+23.4% YoY
Effective rate
7.78%
On assessed value
Land market value
$535,000
Improvement market value
$503,753
Total market value
$1,038,753
Applied tax rate
61,300.0000
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
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Status
Off-Market
Year built
1975
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
5,931 SF
Lot
0.92 ac (39,914 SF)
Zoning code
C-2
APN
156-05-001C
UPID
US07-0037879
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZZoning C-2 · permitted uses
C-2 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
Zone name
Intermediate Commercial
General category
COMMERCIAL
Zone area
13,095.06 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1975
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
0.92 ac
Current owner
From public records · entity-resolved
Diamondback Laundries LLC
Entity
Mailing address
730 E BROWN RD STE #114, MESA, AZ 85203-4840
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2021
—
Diamond Laundries LLC
—
Deed
related
$1,170,000 · Zb NA
Oct 2, 2020
—
Diamondback Laundries LLC
—
Deed
related
$1,044,000 · Ks Statebank
Jul 24, 2017
—
Diamondback Laundries LLC
—
Deed
related
$517,000 · Us Small Busn Admn
May 10, 2017
—
Diamondback Laundries LLC
Sls Property Management LLC
Grant Deed
$517,000 · Miscellaneous Govt Agcy
Dec 12, 2016
—
Sls Property Management LLC
—
Deed
related
$517,000 · Business Dev Fin
Nov 28, 2016
—
Sls Property Management LLC
—
Deed
related
$631,700 · Oneaz Cu
Sep 26, 2016
$1,250,000
Sls Property Management LLC
Wentz,wayne A
Grant Deed
$631,700 · Oneaz Cu
Aug 2, 2004
$1,175,000
Wayen A Wentz
K A S I E Co
Grant Deed
$835,000 · M & I Marshall & Isley Bank
—
—
Sls Property Management LLC
—
Deed Of Trust
related
$631,700 · Oneaz Cu
—
—
Sls Property Management LLC
—
Loan Modification
related
$517,000 · Business Dev Fin
—
—
Diamondback Laundries LLC
—
Deed Of Trust
related
$517,000 · Us Small Busn Admn
—
—
Sls Property Management LLC
—
Loan Modification
related
—
—
—
Sls Property Management LLC
—
Loan Modification
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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