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Property profile & analytics
OFF-MARKET
Estimated value
$3,355,000
Office buildings
2940 Litchfield Rd 1-160 Goodyear, AZ 85395-7830
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-2826123
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
CONCRETE
Total area
8,400 SF
Lot
0.19 ac (8,374 SF)
Zoning code
PAD
APN
501-76-943A
UPID
US07-2826123
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
-
Harpreet Sandhu Physician Medical Clinic
-
Julius Charlie Physician Medical Clinic
-
Dr. Shruti Badhwar Physician
-
Seago Diane MD Physician Medical Clinic
-
Phoenix Neurology & Sleep Medicine Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.61M
Blend (final)
Blend
$3.36M
Owner & transaction history
Alliance Goodyear LLC · 5 yrs held
Alliance Goodyear LLC
since 2020
Last sale
$2.6M
6 recorded transactions
Zoning & alternative use
PAD · Goodyear, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.8M
+91.3%
Auto repair, garage
$3.7M
+49.0%
Retail stores
$2.8M
+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
$3,640,000
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
$2,505,000
Current use
RESTAURANT
$4,790,000
Change: +91% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,730,000
Change: +49% · Conversion: Difficult
RETAIL STORES
$2,825,000
Change: +13% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,655,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$2,140,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$3.36M
Range $3.02M – $3.69M · ±10% · vs last sale $2.63M (Dec 4 2020)
Last sale anchor
$2.63M
Dec 4 2020
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
$399 / 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
$25,103
Tax year 2023
Assessed value
$319,044
Assessed 2024
Previous assessed
$262,174
+21.7% YoY
Effective rate
7.87%
On assessed value
Land market value
$386,700
Improvement market value
$1,546,900
Total market value
$1,933,600
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
8,400 SF
Lot
0.19 ac (8,374 SF)
Zoning code
PAD
APN
501-76-943A
UPID
US07-2826123
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
$2.5M
RESTAURANT
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$3.7M
RETAIL STORES
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.1M
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
0.19 ac
Current owner
From public records · entity-resolved
Alliance Goodyear LLC
Entity
Mailing address
2201 WAUKEGAN RD STE #120, BANNOCKBURN, IL 60015-1568
Ownership since
2020
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
Dec 4, 2020
$2,625,000
Alliance Goodyear LLC
Anderson Torzala LLC
Special Warranty Deed
$1,706,250 · Zb NA
Jul 22, 2010
$875,000
Anderson Wasserman Torzala LLC
Meridian Land Holdings LLC
Special Warranty Deed
$408,000 · West Valley National Bank
Mar 6, 2009
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Anderson Wasserman Torzala LLC
—
Deed Of Trust
related
$533,773 · West Valley National Bak
—
—
Anderson Wasserman Torzala LLC
—
Deed Of Trust
related
$427,018 · West Valley National Bak
—
—
Anderson Wasserman Torzala LLC
—
Deed Of Trust
related
$533,773 · West Valley National Bak
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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