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Property profile & analytics
OFF-MARKET
Estimated value
$1,505,000
Warehouses
2920 35th St Phoenix, AZ 85018-7404
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US07-3212001
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1993
Construction
CONCRETE
Total area
9,610 SF
Lot
0.49 ac (21,282 SF)
Zoning code
C-C
APN
127-30-001D
UPID
US07-3212001
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
-
Panoramic Press Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.53M
Blend (final)
Blend
$1.51M
Owner & transaction history
Panoramic Press INC · 19 yrs held
Panoramic Press INC
since 2006
7 recorded transactions
Zoning & alternative use
C-C · Phoenix, AZ
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
$2,495,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,445,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$1.51M
Range $1.35M – $1.66M · ±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
$157 / 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
$12,214
Tax year 2023
Assessed value
$127,941
Assessed 2024
Previous assessed
$112,625
+13.6% YoY
Effective rate
9.55%
On assessed value
Land market value
$372,000
Improvement market value
$403,400
Total market value
$775,400
Applied tax rate
141,300.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1993
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
9,610 SF
Lot
0.49 ac (21,282 SF)
Zoning code
C-C
APN
127-30-001D
UPID
US07-3212001
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
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
WAREHOUSE, STORAGE Current
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
1993
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Panoramic Press INC
Entity
Mailing address
2920 N 35TH ST, PHOENIX, AZ 85018-7404
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
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
Jun 13, 2019
—
Panoramic Press INC
—
Grant Deed
related
$2,322,000 · Midwest Reg'l Bk
Aug 29, 2006
$147,000
Panoramic Press INC
Foster,teresa H
Trustees Deed
related
—
May 13, 2003
—
Sireric LLC
Siragusa,angelo & Mary M
Quit Claim Deed
related
—
Apr 1, 2003
—
Angelo Sirgusa
Sireric LLC
Quit Claim Deed
related
—
Sep 9, 1998
—
Sireric LLC
Siragusa,angelo & Mary M
Grant Deed
$620,600 · General Electric Capital Corp
Dec 2, 1994
$650,100
L L C Sireric
Siragusa
Grant Deed
$650,000 · Seller
—
—
Sireric LLC
—
Deed Of Trust
related
$1,905,000 · Mac Funding Corp
—
—
Panoramic Press INC
—
Deed Of Trust
related
$1,233,017 · Comerica Bank
—
—
Panoramic Holdings LLC
—
Deed Of Trust
related
$407,000 · Southwestern Business Fin'l
—
—
Panoramic Press INC
—
Deed Of Trust
related
$500,000 · Comerica Bank
—
—
Sireric LLC
—
Deed Of Trust
related
$350,000 · Lawyers Title Arizona
—
—
Sireric LLC
—
Deed Of Trust
related
$142,718 · Panoramic Press INC
—
—
Panoramic Press INC
—
Loan Modification
related
$1,233,017 · Comerica Bk
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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