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Property profile & analytics
OFF-MARKET
Estimated value
$1,720,000
Flex space
2340 Parkside Ln Ste H110 Phoenix, AZ 85027-1275
Entity Owned
15-yr Hold
Free & Clear
Property ID
US07-1541424
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2006
Construction
CONCRETE
Total area
29,244 SF
Lot
0.04 ac (1,905 SF)
Zoning code
IND.PK.
APN
209-03-281
UPID
US07-1541424
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
-
AZ Sound and Communications LLC General Contractor
-
Uline Shipping Supplies - Sales Office Corporate Office
-
Pro Tech Auto Glass Auto Repair Shop (Bike/Boat/Book/etc) Store
-
TSG Constructors LLC Construction Company General Contractor
-
Pawport (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.74M
Blend (final)
Blend
$1.72M
Owner & transaction history
Cp Investors LLC · 15 yrs held
Cp Investors LLC
since 2011
Last sale
$1.7M
3 recorded transactions
Zoning & alternative use
IND.PK. · 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
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
$1.72M
Range $1.55M – $1.89M · ±10% · vs last sale $1.70M (Jan 23 2026)
Last sale anchor
$1.70M
Jan 23 2026
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
$59 / 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
$3,446
Tax year 2022
Assessed value
$75,900
Assessed 2024
Previous assessed
$61,540
+23.3% YoY
Effective rate
4.54%
On assessed value
Land market value
$92,000
Improvement market value
$368,000
Total market value
$460,000
Applied tax rate
971,300.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
29,244 SF
Lot
0.04 ac (1,905 SF)
Zoning code
IND.PK.
APN
209-03-281
UPID
US07-1541424
Jurisdiction
MARICOPA
Zoning & alternative use
IND.PK. · Phoenix, AZ
Zoning IND.PK. · permitted uses
IND.PK. · 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
2006
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Cp Investors LLC
Entity
Free & Clear · 15 yrs held
Mailing address
4523 W FALLEN LEAF LN, GLENDALE, AZ 85310-3040
Ownership since
2011
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
May 18, 2011
$189,000
Cp Investors LLC
Next Gen Commercial LLC
Grant Deed
—
Dec 22, 2010
$2,700,000
Next Gen Commercial LLC
Meridian Land Holdings LLC
Grant Deed
—
Jul 20, 2007
—
I-1719 Investors LLC
Owner Name Unavailable
Grant Deed
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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