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Property profile & analytics
FOR SALE
Community centers
25101 N Lake Pleasant Pkwy, Peoria, AZ 85383
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US07-1075395
For Sale
1 / 16
$5,355,000
25101 N Lake Pleasant Pkwy, Peoria, AZ 85383
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2008
Construction
CONCRETE
Total area
8,365 SF
Lot
2.19 ac (95,257 SF)
Zoning code
PAD
APN
201-08-193
UPID
US07-1075395
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
-
Dental Ben's Dental Office
-
Jimmy John's Take-out & Catering
-
Valerie Jordan Stone Physician
-
One stop nutrition Specialty Food Shop (Bike/Boat/Book/etc) Store
-
Banner Physical Therapy - Happy Valley Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.38M
Blend (final)
Blend
$5.36M
Owner & transaction history
Hmrt Of Csim-lake Pleasant LLC · 8 yrs held
Hmrt Of Csim-lake Pleasant LLC
since 2018
6 recorded transactions
Zoning & alternative use
PAD · Peoria, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.8M
+82.5%
Restaurant
$4.8M
+49.5%
Commercial (general)
$4.6M
+42.7%
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 Peoria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Peoria 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
RETAIL STORES
$5,825,000
Change: +83% · Conversion: Easy
RESTAURANT
$4,770,000
Change: +50% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,550,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,445,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$5.36M
Range $4.82M – $5.89M · ±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
$640 / 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
$50,725
Tax year 2023
Assessed value
$566,165
Assessed 2024
Previous assessed
$501,840
+12.8% YoY
Effective rate
8.96%
On assessed value
Land market value
$1,023,600
Improvement market value
$2,407,700
Total market value
$3,431,300
Applied tax rate
111,200.0000
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
Community centers
Use group
MINI-MALL
Status
For Sale
Year built
2008
Construction
CONCRETE
Heating
HEAT PUMP
Buildings
2
Stories
1
Units
2
Total area
8,365 SF
Lot
2.19 ac (95,257 SF)
Zoning code
PAD
APN
201-08-193
UPID
US07-1075395
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Peoria, AZ
Zoning PAD · permitted uses
PAD · Peoria, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Peoria. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$5.8M
RESTAURANT
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$4.6M
AUTO REPAIR, GARAGE
Est. value
$3.4M
RETAIL STORES
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2008
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Buildings
2
Units
2
Lot
2.19 ac
Current owner
From public records · entity-resolved
Hmrt Of Csim-lake Pleasant LLC
Entity
Mailing address
20 S CLARK ST STE #3000, CHICAGO, IL 60603-1887
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2019
—
Hmrt Of Csim-lake Pleasant LLC
—
Grant Deed
related
$19,370,000 · Insurance Strategy Fndg Xx LLC
Jun 29, 2018
$13,400
Hmrt Of Csim-lake Pleasant LLC
Cypress Lk Pleasant Ctr LLC
Trustees Deed
$7,000,000 · Mutual/omaha Bk
Mar 21, 2016
—
Cypress Lake Pleasant Center L
Cypress Lake Pleasant LP
Quit Claim Deed
related
$6,872,000 · Texas Cap Bk
Oct 3, 2014
—
Cypress Lake Pleasant LP
Carlyle Of Cypress Lake Pleasant
Quit Claim Deed
related
$13,000,000 · Ladder Cap Fin
Jul 21, 2008
—
Carlyle Pleasant
Owner Name Unavailable
Grant Deed
related
—
Jan 18, 2006
—
Arizona State Land Department
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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