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Property profile & analytics
FOR LEASE
Gas stations
2817 N 7Th St, Phoenix, AZ 85006
Entity Owned
~
Est. High Equity
Property ID
US07-0160360
For Lease
1 / 3
$2,725,000
2817 N 7Th St, Phoenix, AZ 85006
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Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1969
Construction
STEEL FRAME
Total area
3,318 SF
Lot
0.59 ac (25,526 SF)
Zoning code
C-1
APN
117-29-140A
UPID
US07-0160360
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.98M
Blend (final)
Blend
$2.73M
Owner & transaction history
Teton Ventures LLC
Teton Ventures LLC
since 2026
7 recorded transactions
Zoning & alternative use
C-1 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.3M
+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 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
SERVICE STATION (FULL SERVICE)
$2,170,000
Current use
COMMERCIAL (GENERAL)
$2,310,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$2.73M
Range $2.45M – $3.00M · ±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
$821 / 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
$19,831
Tax year 2023
Assessed value
$389,496
Assessed 2024
Previous assessed
$297,925
+30.7% YoY
Effective rate
5.09%
On assessed value
Land market value
$2,027,300
Improvement market value
$333,283
Total market value
$2,360,583
Applied tax rate
11,300.0000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
For Lease
Year built
1969
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
3,318 SF
Lot
0.59 ac (25,526 SF)
Zoning code
C-1
APN
117-29-140A
UPID
US07-0160360
Jurisdiction
MARICOPA
Zoning & alternative use
C-1 · Phoenix, AZ
Zoning C-1 · permitted uses
C-1 · 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
SERVICE STATION (FULL SERVICE) Current
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.3M
SERVICE STATION (FULL SERVICE) Current
COMMERCIAL (GENERAL)
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
1969
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
0.59 ac
Current owner
From public records · entity-resolved
Teton Ventures LLC
Entity
Mailing address
2701 E CAMELBACK RD STE #180, PHOENIX, AZ 85016-4332
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2026
$3,575,000
Teton Ventures LLC
Akg 7th & Thomas LLC
Special Warranty Deed
—
May 15, 2025
—
Akg 7th & Thomas LLC
—
Deed
related
$2,300,000 · First Fidelity Bank
Sep 28, 2021
—
Akg 77th & Thomas LLC
—
Deed
related
$1,775,000 · The Foothills Bank
Mar 5, 2018
$1,250,000
Akg 7th & Thomas LLC
Seabiscuit LLC
Special Warranty Deed
$725,000 · Metro Phoenix Bank
Mar 5, 2018
—
Akg 7th & Thomas LLC
—
Deed
related
$725,000 · Metro Phoenix Bank
Dec 6, 2013
$832,000
Seabiscuit LLC
Mansour,neal & Suhad
Warranty Deed
—
Dec 22, 2006
$714,939
Neal Mansour
Toma,tarik C
Warranty Deed
—
Mar 24, 2003
$1,000,000
Tarik C Toma
Fallbrook Capital INC
Grant Deed
—
Nov 27, 2002
$870,000
Fallbrook Capital INC
Us Bank NA
Grant Deed
related
—
Dec 5, 2001
—
Investments LP Strahm
777 Country Club Place INC
Grant Deed
related
—
Oct 12, 2001
$800,000
Us Bank NA
Halo INC
Trustees Deed
related
—
Mar 28, 2000
—
Arbid LLC
Chevron USA INC
Quit Claim Deed
related
—
Nov 22, 1999
$2,200,000
Halo INC
Arbid LLC
Grant Deed
$814,000 · Zions First National Bank
Mar 1, 1999
$484,000
Arbid LLC
Chevron USA INC
Grant Deed
$950,000 · General Electric Capital Busi
—
—
Neal Mansour
—
Deed Of Trust
related
$200,000 · Aida Naddaf
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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