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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Warehouses
2710 Litchfield Rd, Goodyear, AZ 85338-1515
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US07-2837620
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Construction
CONCRETE
Total area
7,054 SF
Lot
0.72 ac (31,152 SF)
Zoning code
I-1
APN
500-07-067
UPID
US07-2837620
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
-
Inwest Electric Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.04M
Comparable Approach
Comparable
$1.71M
Blend (final)
Blend
$1.28M
Owner & transaction history
Michael William Wallis · 6 yrs held
Michael William Wallis
since 2020
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
I-1 · Goodyear, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.9M
+28.9%
Medical building
$1.8M
+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
$1,390,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,125,000
6.5%
$1,035,000
7%
$965,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,445,000
Current use
OFFICE BUILDING
$1,860,000
Change: +29% · Conversion: Difficult
MEDICAL BUILDING
$1,795,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±10% · vs last sale $950k (Apr 30 2020)
Last sale anchor
$950k
Apr 30 2020
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
$181 / 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
$10,700
Tax year 2022
Assessed value
$169,950
Assessed 2024
Previous assessed
$156,604
+8.5% YoY
Effective rate
6.30%
On assessed value
Land market value
$252,000
Improvement market value
$778,000
Total market value
$1,030,000
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
2006
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
7,054 SF
Lot
0.72 ac (31,152 SF)
Zoning code
I-1
APN
500-07-067
UPID
US07-2837620
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
$1.4M
OFFICE BUILDING
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.8M
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
2006
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
Michael William Wallis
Individual
Mailing address
11336 S SAN ROBERTO DR, GOODYEAR, AZ 85338-5378
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2020
$950,000
Michael William Wallis
Desert Sky Investment Group LLC
Special Warranty Deed
$807,500 · Wells Fargo Bank NA
Sep 8, 2016
$590,000
Desert Sky Investment Group LLC
2710 Litchfield LLC
Special Warranty Deed
$384,720 · Arizona Business Bank
Apr 14, 2014
—
2710 Litchfield LLC
Remland LLC
Warranty Deed
—
Feb 12, 2014
$235,000
Remland LLC
Hanrem LLC
Grant Deed
—
Feb 12, 2014
$76,000
Charles Hansen
Hansen,charles
Grant Deed
—
Feb 12, 2014
—
Remland LLC
Hansen,charles E
Grant Deed
—
Oct 28, 2009
$190,000
Charles E Hansen
Hanrem LLC
Warranty Deed
—
Mar 30, 2006
—
Goodyear Four INC
Goodyear Airport Investors LLC
Warranty Deed
$2,362,000 · National Bank Of Arizona
Jun 3, 2004
$188,830
Goodyear Airport Investors LLC
Airport Commercenter
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.
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