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Property profile & analytics
OFF-MARKET
Estimated value
$3,275,000
Strip malls
2755 99th Ave Tolleson, AZ 85353-1404
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US07-0876438
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
CONCRETE
Total area
8,736 SF
Lot
1.08 ac (46,877 SF)
Zoning code
C-2
APN
101-14-015
UPID
US07-0876438
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
-
Promenade Dental Group and Orthodontics Dental Office
-
Denbrock Stephen DDS Dental Office
-
Dr. Lisa Beznoska, DDS Dental Office
-
Shah Nidhi R DDS Dental Office
-
O'Donnell Ryan D DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.44M
Blend (final)
Blend
$3.28M
Owner & transaction history
Pecah Reh LLC · 7 yrs held
Pecah Reh LLC
since 2019
6 recorded transactions
Zoning & alternative use
C-2 · Tolleson, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
In the C-2 District. In the C-2 District, the following additional uses including the above uses in division (A) above are designated as use permitted subject to a use permit. All use permits must be approved by the Tolleson City Council at a public meeting as per §
Zone name
General Commercial
General category
COMMERCIAL
Zone area
369.65 ac
Source
code of ordinances
Top alternative use upside
Restaurant
$5.0M
+80.5%
Auto repair, garage
$3.9M
+40.6%
Retail stores
$2.9M
+6.5%
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 Tolleson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tolleson 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
NEIGHBORHOOD: SHOPPING CENTER
$2,760,000
Current use
RESTAURANT
$4,980,000
Change: +81% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,880,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$2,940,000
Change: +7% · Conversion: Easy
MEDICAL BUILDING
$2,225,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$3.28M
Range $2.95M – $3.60M · ±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
$375 / 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
$32,997
Tax year 2023
Assessed value
$371,220
Assessed 2024
Previous assessed
$309,689
+19.9% YoY
Effective rate
8.89%
On assessed value
Land market value
$786,500
Improvement market value
$1,463,321
Total market value
$2,249,821
Applied tax rate
621,300.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2005
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
8,736 SF
Lot
1.08 ac (46,877 SF)
Zoning code
C-2
APN
101-14-015
UPID
US07-0876438
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Tolleson, AZZoning C-2 · permitted uses
C-2 · Tolleson, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
In the C-2 District. In the C-2 District, the following additional uses including the above uses in division (A) above are designated as use permitted subject to a use permit. All use permits must be approved by the Tolleson City Council at a public meeting as per §
Zone name
General Commercial
General category
COMMERCIAL
Zone area
369.65 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.8M
RESTAURANT
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$3.9M
RETAIL STORES
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
2005
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
Pecah Reh LLC
Entity
Mailing address
503 B ST #2050, SAN DIEGO, CA 92101
Ownership since
2019
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 13, 2019
$8,438,108
Pecah Reh LLC
Pecan Retail I LLC
Special Warranty Deed
$128,600 · Deutsche Bank National Trust Co
Jan 9, 2017
—
Pecan Retail I LLC
—
Deed
related
$15,998,437 · Everbank
Jul 1, 2014
$19,000,000
Peca Retail I LLC
Pecan Holdings LLC
Special Warranty Deed
—
Oct 19, 2011
—
Pecan Holdings LLC
—
Deed Of Trust
related
$7,100,000 · Ing USA Annunity & Life Ins Co
Dec 1, 2010
—
Pecan Holdings LLC
Barclay Holdings Xxix LLC
Grant Deed
related
—
—
—
Pecan Retail I LLC
—
Deed Of Trust
related
$15,998,437 · Everbank
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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