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Property profile & analytics
OFF-MARKET
Estimated value
$3,725,000
Flex space
2612 Townley Ave Phoenix, AZ 85021-4159
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US07-1161754
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1982
Construction
CONCRETE
Total area
15,345 SF
Lot
0.7 ac (30,699 SF)
Zoning code
C-2
APN
158-01-003B
UPID
US07-1161754
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
-
Home Decor Wholesale Fabricators Big Box & Wholesale Store
-
Home Decor Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.74M
Blend (final)
Blend
$3.73M
Owner & transaction history
G5 Investment Holdings LLC · 10 yrs held
G5 Investment Holdings LLC
since 2015
7 recorded transactions
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.6M
+64.6%
Retail stores
$4.6M
+35.5%
Medical building
$4.1M
+20.7%
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 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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,375,000
Current use
OFFICE BUILDING
$5,555,000
Change: +65% · Conversion: Difficult
RETAIL STORES
$4,575,000
Change: +35% · Conversion: Moderate
MEDICAL BUILDING
$4,075,000
Change: +21% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,985,000
Change: +18% · Conversion: Easy
Blend value · Realmo final
$3.73M
Range $3.35M – $4.10M · ±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
$243 / 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
$14,940
Tax year 2023
Assessed value
$318,417
Assessed 2024
Previous assessed
$208,692
+52.6% YoY
Effective rate
4.69%
On assessed value
Land market value
$542,400
Improvement market value
$1,387,400
Total market value
$1,929,800
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1982
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
15,345 SF
Lot
0.7 ac (30,699 SF)
Zoning code
C-2
APN
158-01-003B
UPID
US07-1161754
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZ
Zoning 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
Phoenix. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.4M
OFFICE BUILDING
Est. value
$5.6M
RETAIL STORES
Est. value
$4.6M
MEDICAL BUILDING
Est. value
$4.1M
WAREHOUSE, STORAGE
Est. value
$4.0M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
PACKAGE
Cooling
Yes
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
G5 Investment Holdings LLC
Entity
Mailing address
2612 W TOWNLEY AVE, PHOENIX, AZ 85021-4159
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2019
—
G5 Investment Holdings LLC
—
Deed
related
$864,000 · Cogent Bank
Oct 13, 2015
$705,000
G5 Investment Holdings LLC
Harry Ross Industries
Warranty Deed
$934,000 · Pinnacle Bank
Oct 7, 2004
$582,000
Harry Ross Industries
Takash,patrick & Lynn
Warranty Deed
—
Aug 12, 2004
—
Patrick Takash
Bakala Investment Props LLC
Warranty Deed
related
—
Jun 19, 1998
$540,000
Bakala Investments Properties
April 1 Partners LLC
Grant Deed
$405,000 · Bank Of America
May 2, 1997
$965,000
April I Partners L L C
Derderian Family Trust
Trustees Deed
$800,000 · M&i Thunderbird Bank
May 2, 1997
—
Wendell R Cook
Michele D Cook
Quit Claim Deed
related
—
—
—
Derderdian Family Trust
—
Deed Of Trust
related
—
—
—
April 1 Partners L L C
—
Deed Of Trust
related
—
—
—
Derderdian Family Trust
—
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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