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Property profile & analytics
OFF-MARKET
Estimated value
$717,500,000
Showrooms
23701 Southern Ave, Buckeye, AZ 85326-4928
Individually Owned
19-yr Hold
Free & Clear
Property ID
US07-1127620
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1993
Total area
1,560,645 SF
Lot
142.44 ac (6,204,687 SF)
Zoning code
GC
APN
504-65-005B
UPID
US07-1127620
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
-
Sam's Club Distribution Center Distribution Center Logistics Company
-
Walmart Distribution Center Big Box & Wholesale Store Discount Store
-
Buckeye Corporate Office
-
Walmart DC Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$818.51M
Blend (final)
Blend
$717.50M
Owner & transaction history
Stores East Wal-mart · 19 yrs held
Stores East Wal-mart
since 2006
3 recorded transactions
Zoning & alternative use
GC · Buckeye, 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 Buckeye submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buckeye 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
$717.50M
Range $645.75M – $789.25M · ±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
$460 / 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
$978,858
Tax year 2023
Assessed value
$21,897,266
Assessed 2024
Previous assessed
$17,282,030
+26.7% YoY
Effective rate
4.47%
On assessed value
Land market value
$16,995,300
Improvement market value
$115,715,400
Total market value
$132,710,700
Applied tax rate
330,203.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1993
Heating
PACKAGE
Cooling
YES
Buildings
4
Stories
1
Units
4
Total area
1,560,645 SF
Lot
142.44 ac (6,204,687 SF)
Zoning code
GC
APN
504-65-005B
UPID
US07-1127620
Jurisdiction
MARICOPA
Zoning & alternative use
GC · Buckeye, AZ
Zoning GC · permitted uses
GC · Buckeye, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buckeye. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
4
Units
4
Lot
142.44 ac
Current owner
From public records · entity-resolved
Stores East Wal-mart
Individual
Free & Clear · 19 yrs held
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
Ownership since
2006
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
Jul 26, 2006
—
Stores East Wal-mart
Wal-mart Stores INC
Quit Claim Deed
—
Jul 17, 2006
—
Stores East Wal-mart
Wal-mart Stores East INC
Quit Claim Deed
—
—
—
Wal-mart Stores INC
—
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.
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