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Property profile & analytics
OFF-MARKET
Estimated value
$3,135,000
Banks
3001 Camelback Rd Phoenix, AZ 85016-4433
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US07-3018385
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1983
Construction
CONCRETE
Total area
6,605 SF
Lot
0.51 ac (22,315 SF)
Zoning code
C-T
APN
163-12-001A
UPID
US07-3018385
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
-
Keyt Books & Taxes LLC Accounting Firm Tax Preparation
-
Southwest Medical Services Medical Clinic
-
Mulcahy Law Firm, P.C. Law Firm
-
Iglesia Church Mosque
-
SAMANTHA JORDAN RAMSAY Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.13M
Blend (final)
Blend
$3.14M
Owner & transaction history
Jbjm Camelback II LLC · 18 yrs held
Jbjm Camelback II LLC
since 2008
7 recorded transactions
Zoning & alternative use
C-T · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.6M
+30.9%
Restaurant
$3.5M
+0.4%
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
FINANCIAL BUILDING
$3,515,000
Current use
COMMERCIAL (GENERAL)
$4,600,000
Change: +31% · Conversion: Difficult
RESTAURANT
$3,525,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$3.14M
Range $2.82M – $3.45M · ±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
$475 / 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
$29,871
Tax year 2023
Assessed value
$436,652
Assessed 2024
Previous assessed
$400,146
+9.1% YoY
Effective rate
6.84%
On assessed value
Land market value
$1,687,700
Improvement market value
$958,675
Total market value
$2,646,375
Applied tax rate
381,300.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1983
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
2
Total area
6,605 SF
Lot
0.51 ac (22,315 SF)
Zoning code
C-T
APN
163-12-001A
UPID
US07-3018385
Jurisdiction
MARICOPA
Zoning & alternative use
C-T · Phoenix, AZ
Zoning C-T · permitted uses
C-T · 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
FINANCIAL BUILDING Current
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$4.6M
RESTAURANT
Est. value
$3.5M
FINANCIAL BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
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
1983
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
2
Lot
0.51 ac
Current owner
From public records · entity-resolved
Jbjm Camelback II LLC
Entity
Mailing address
3001 E CAMELBACK RD STE #130, PHOENIX, AZ 85016-4400
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2008
$3,709,240
Jbjm Camelback II LLC
3001 East Camelback Road LLC
Special Warranty Deed
$2,781,925 · Bank Of Arizona N A
Jan 3, 2003
—
3001 E Camelback LLC
Diogenes 46 LLC
Quit Claim Deed
related
$225,000 · Washington Mutual Fsb
May 31, 2002
—
Takoda LP
Great Bay Capital Nevada LLC
Quit Claim Deed
related
—
May 31, 2002
$1,825,000
Diogenes 46 LLC
Takoda LP
Grant Deed
$1,400,000 · Johnson Bank Arizona NA
Dec 3, 1998
—
Takoda LP
Performance Financial Center
Grant Deed
related
—
Dec 15, 1995
$518,240
Performance Financial Center L L
Western Services Co
Grant Deed
related
$75,000 · Seller
Nov 7, 1995
$388,680
Western Advisory Services Co
Norwest Bank Arizona
Grant Deed
related
$469,000 · Norwest 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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