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Property profile & analytics
OFF-MARKET
Estimated value
$2,105,000
Warehouses
2608 Litchfield Rd, Goodyear, AZ 85338-1500
Entity Owned
4-yr Hold
Free & Clear
Property ID
US07-1512394
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1982
Construction
CONCRETE
Total area
11,984 SF
Lot
0.71 ac (30,755 SF)
Zoning code
I-1
APN
500-07-069
UPID
US07-1512394
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
-
PMG Labels LP | RFID - Barcode (Bike/Boat/Book/etc) Store Printing Service
-
General Engineering Engineering Consultant
-
Copper Key Construction General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.76M
Comparable Approach
Comparable
$2.14M
Blend (final)
Blend
$2.11M
Owner & transaction history
Pmg Real Estate LP · 4 yrs held
Pmg Real Estate LP
since 2021
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
I-1 · Goodyear, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.2M
+28.9%
Medical building
$3.1M
+24.4%
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 Goodyear submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goodyear 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
$2,195,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,910,000
6.5%
$1,760,000
7%
$1,635,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,455,000
Current use
OFFICE BUILDING
$3,160,000
Change: +29% · Conversion: Difficult
MEDICAL BUILDING
$3,050,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$2.11M
Range $1.89M – $2.32M · ±10% · vs last sale $2.05M (Aug 11 2021)
Last sale anchor
$2.05M
Aug 11 2021
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
$176 / 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
$9,717
Tax year 2023
Assessed value
$213,593
Assessed 2024
Previous assessed
$183,447
+16.4% YoY
Effective rate
4.55%
On assessed value
Land market value
$249,400
Improvement market value
$1,045,100
Total market value
$1,294,500
Applied tax rate
440,800.0000
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
1982
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
11,984 SF
Lot
0.71 ac (30,755 SF)
Zoning code
I-1
APN
500-07-069
UPID
US07-1512394
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Goodyear, AZ
Zoning I-1 · permitted uses
I-1 · Goodyear, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Goodyear. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.5M
OFFICE BUILDING
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$3.1M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
MEDICAL BUILDING
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
1982
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Pmg Real Estate LP
Entity
Free & Clear · 4 yrs held
Mailing address
2608 S LITCHFIELD RD, GOODYEAR, AZ 85338-1500
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2021
$2,050,000
Pmg Real Estate LP
Executive West Properties LLC
Special Warranty Deed
—
Jul 22, 2019
—
K2h Gh Loop LLC
—
Deed
related
$4,000,000 · Western Alliance Bk
Jun 26, 2019
—
Executive West Properties LLC
—
Deed
related
$824,500 · Horizon Community Bank INC
Apr 5, 2018
$597,500
Executive West Properties L L C
D F Properties INC
Warranty Deed
$507,875 · Midfirst Bank
Feb 28, 1997
$765,000
D F Properties INC
Pb Southwest INC
Grant Deed
—
May 31, 1995
$900,000
P B Southwest INC
Poore Brothers Foods INC
Grant Deed
$500,000 · Seller
Sep 21, 1990
$275,000
Brothers F Poore
Airport Commerce
Grant Deed
—
—
—
K2h Gh Loop LLC
—
Loan Modification
related
$4,000,000 · Western Alliance Bk
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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