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Property profile & analytics
OFF-MARKET
Estimated value
$12,125,000
Warehouses
2721 Greenway Pkwy Phoenix, AZ 85032-3699
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US07-0058919
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2000
Construction
CONCRETE
Total area
52,670 SF
Lot
1.4 ac (60,771 SF)
Zoning code
C-C
APN
214-53-016A
UPID
US07-0058919
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
-
Extra Space Storage Storage Facility
-
Amazon Locker - Mireya Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.30M
Blend (final)
Blend
$12.13M
Owner & transaction history
Extra Space Props Thirty LLC · 17 yrs held
Extra Space Props Thirty LLC
since 2009
7 recorded transactions
Zoning & alternative use
C-C · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Public/Zoning (MapServer)
Top alternative use upside
Office building
$15.9M
+16.5%
Retail stores
$14.8M
+8.2%
Medical building
$14.0M
+2.3%
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
WAREHOUSE, STORAGE
$13,670,000
Current use
OFFICE BUILDING
$15,925,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$14,785,000
Change: +8% · Conversion: Moderate
MEDICAL BUILDING
$13,980,000
Change: +2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$13,405,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$12.13M
Range $10.91M – $13.34M · ±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
$230 / 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
$73,784
Tax year 2023
Assessed value
$1,029,006
Assessed 2024
Previous assessed
$922,743
+11.5% YoY
Effective rate
7.17%
On assessed value
Land market value
$625,100
Improvement market value
$5,611,300
Total market value
$6,236,400
Applied tax rate
691,300.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
2
Units
2
Total area
52,670 SF
Lot
1.4 ac (60,771 SF)
Zoning code
C-C
APN
214-53-016A
UPID
US07-0058919
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Phoenix, AZZoning C-C · permitted uses
C-C · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Public/Zoning (MapServer)
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$13.7M
OFFICE BUILDING
Est. value
$15.9M
RETAIL STORES
Est. value
$14.8M
MEDICAL BUILDING
Est. value
$14.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.4M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2000
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
2
Buildings
2
Units
2
Lot
1.4 ac
Current owner
From public records · entity-resolved
Extra Space Props Thirty LLC
Entity
Mailing address
6890 S 2300TH E, SALT LAKE CITY, UT 84171-6001
Ownership since
2009
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
Oct 26, 2011
—
Extra Space Props Thirty LLC
—
Deed Of Trust
related
$75,000,000 · Bank Of America
Sep 3, 2010
—
Extra Space Props Thirty LLC
—
Deed Of Trust
related
$50,000,000 · Bank Of America
Mar 19, 2009
—
Extra Space Props Thirty LLC
Extra Space Properties Two LLC
Quit Claim Deed
$50,000,000 · Bank Of America
Jan 5, 2007
$5,050,000
Extra Space Properties Two LLC
Greenway 27 LLC
Grant Deed
—
Mar 1, 1999
—
Greenway 27 LLC
Santa Fe Self Storage LLC
Grant Deed
$2,628 · Susa Partnership LP
Dec 6, 1995
$252,000
Self Storage L L C Santa Fe
Jambas Land Investors L P
Grant Deed
—
Apr 16, 1993
$900,000
Jambas Land Investors LP
Gutkin
Quit Claim Deed
related
—
—
—
Greenway 27 LLC
—
Deed Of Trust
related
$2,578,000 · Ge Capital Franchise Finance
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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