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Property profile & analytics
OFF-MARKET
Estimated value
$2,440,000
Office buildings
2920 Litchfield Rd 1-160 Goodyear, AZ 85395-7829
Trust Owned
14-yr Hold
Free & Clear
Property ID
US07-1520084
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
CONCRETE
Total area
6,200 SF
Lot
0.14 ac (6,243 SF)
Zoning code
PAD
APN
501-76-941A
UPID
US07-1520084
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
-
Amanda Kortright, Realtor®, West USA Realty (Estrella) Real Estate Agency
-
Jennifer Abrahamson West USA Realty AZ JeM GROUP Real Estate Agency
-
Angie Eppenstine - Real Estate Agent - West USA Realty Real Estate Agency
-
Laser Home Team - West USA Realty Real Estate Agency
-
P.J. Elias West USA Realty Goodyear Arizona Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.41M
Blend (final)
Blend
$2.44M
Owner & transaction history
Stewart Title & Trust Phoenix INC · 14 yrs held
Stewart Title & Trust Phoenix INC
since 2012
Last sale
$1.5M
4 recorded transactions
Zoning & alternative use
PAD · Goodyear, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.5M
+91.3%
Auto repair, garage
$2.8M
+49.0%
Retail stores
$2.1M
+12.9%
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 Goodyear submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goodyear 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
OFFICE BUILDING
$1,850,000
Current use
RESTAURANT
$3,535,000
Change: +91% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,755,000
Change: +49% · Conversion: Difficult
RETAIL STORES
$2,085,000
Change: +13% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,960,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$1,580,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$2.44M
Range $2.20M – $2.68M · ±10% · vs last sale $1.48M (Oct 3 2024)
Last sale anchor
$1.48M
Oct 3 2024
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
$394 / 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
$18,769
Tax year 2023
Assessed value
$237,320
Assessed 2024
Previous assessed
$194,259
+22.2% YoY
Effective rate
7.91%
On assessed value
Land market value
$287,600
Improvement market value
$1,150,700
Total market value
$1,438,300
Applied tax rate
790,801.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
6,200 SF
Lot
0.14 ac (6,243 SF)
Zoning code
PAD
APN
501-76-941A
UPID
US07-1520084
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Goodyear, AZ
Zoning PAD · permitted uses
PAD · Goodyear, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Goodyear. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.9M
RESTAURANT
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$2.8M
RETAIL STORES
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.6M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2006
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Stewart Title & Trust Phoenix INC
Trust
Free & Clear · 14 yrs held
Mailing address
1360 POST OAK BLVD STE #100, HOUSTON, TX 77056-3131
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2012
$1,255,482
Stewart Title & Trust Phoenix INC
Statewide Foreclosure Svcs INC
Trustees Deed
—
May 21, 2010
—
Resource Marketing Group INC
—
Deed Of Trust
related
$1,207,318 · Stewart Title & Tr/phoenix INC
Dec 28, 2007
$1,324,047
Stewart Title & Trust Of Phoenix INC
Resource Marketing Group INC
Grant Deed
—
—
—
Resource Marketing Group INC
—
Deed Of Trust
related
$1,274,160 · Ticor Title Insurance
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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