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Property profile & analytics
OFF-MARKET
Estimated value
$2,430,000
Grocery and convenience stores
2840 75th Ave Phoenix, AZ 85035-1206
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-1599728
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2000
Construction
CONCRETE
Total area
2,919 SF
Lot
0.96 ac (41,750 SF)
Zoning code
RSC
APN
102-38-016A
UPID
US07-1599728
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
-
Circle K Grocery & Convenience Store
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.43M
Blend (final)
Blend
$2.43M
Owner & transaction history
Bennett Childs · 1 yrs held
Bennett Childs
since 2025
7 recorded transactions
Zoning & alternative use
RSC · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of RSC district is to provide for major regional shopping facilities in those locations in the City deemed appropriate for such intense concentrations to serve large geographic areas while at the same time affording protection to nearby areas
Zone name
Regional Shopping Center
General category
COMMERCIAL
Zone area
178.53 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$2.0M
+173.6%
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
COMMERCIAL (GENERAL)
$2,035,000
Change: +174% · Conversion: Easy
Blend value · Realmo final
$2.43M
Range $2.19M – $2.67M · ±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
$832 / 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
$33,807
Tax year 2022
Assessed value
$285,206
Assessed 2024
Previous assessed
$274,023
+4.1% YoY
Effective rate
11.85%
On assessed value
Land market value
$1,014,200
Improvement market value
$714,321
Total market value
$1,728,521
Applied tax rate
831,300.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2000
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
3
Stories
1
Units
2
Total area
2,919 SF
Lot
0.96 ac (41,750 SF)
Zoning code
RSC
APN
102-38-016A
UPID
US07-1599728
Jurisdiction
MARICOPA
Zoning & alternative use
RSC · Phoenix, AZZoning RSC · permitted uses
RSC · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of RSC district is to provide for major regional shopping facilities in those locations in the City deemed appropriate for such intense concentrations to serve large geographic areas while at the same time affording protection to nearby areas
Zone name
Regional Shopping Center
General category
COMMERCIAL
Zone area
178.53 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.0M
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
2000
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
2
Lot
0.96 ac
Current owner
From public records · entity-resolved
Bennett Childs
Individual
Mailing address
105 KEHOE WAY #54, INVERNESS, CA 94937-9743
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2025
—
Bennett Childs
Bennett Childs
Special Warranty Deed
—
Jan 29, 2024
—
Andrea Gardner Apatow
Andrea Gardner Apatow
Intrafamily Transfer
related
—
Nov 8, 2022
—
John Putnam Blanchard JR
John Putnam Blanchard JR
Intrafamily Transfer
related
—
Apr 9, 2018
—
Childs Family Trust A
Childs Family Trust
Quit Claim Deed
related
—
Sep 4, 2014
—
Gardner,a J Family Trust C
Landco
Quit Claim Deed
—
Feb 20, 2014
$2,592,593
Landco LLC
Tradecor Desert Sky II LLC
Grant Deed
—
Jan 31, 2013
$7,902,000
Desert Sky Holdings L Macerich
Mds Realty I LLC
Grant Deed
related
—
Apr 25, 2012
—
Desert Sky Holdings L Macerich
Mds Realty I LLC
Grant Deed
related
—
Dec 12, 2011
$1,500,000
Tradecor Desert Sky II LLC
Abraham,andrew
Trustees Deed
related
—
Jun 7, 2005
$2,205,000
Ss Quality Fuels LLC
Ecd LLC
Special Warranty Deed
$1,625,000 · Pacific Capital Bank
—
—
Ss Quality Fuels LLC
—
Deed Of Trust
related
$200,000 · Arizona Fuel Distributors LLC
—
—
Ss Quality Fuels LLC
—
Deed Of Trust
related
$50,000 · M & I Marshall & Isley Bank
—
—
Ss Quality Fuels LLC
—
Deed Of Trust
related
$100,000 · M & I Marshall & Isley Bank
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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