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Property profile & analytics
OFF-MARKET
Self service car washes
3042 24th St Phoenix, AZ 85016-7812
Individually Owned
13-yr Hold
Free & Clear
Property ID
US07-3417022
Property profile
Verified
Property type
Self service car washes
Use group
CAR WASH - SELF-SERVE
Year built
1977
Construction
CONCRETE
Total area
467 SF
Lot
0.38 ac (16,575 SF)
Zoning code
C-2
APN
119-17-020
UPID
US07-3417022
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
-
Splash N Dash Car Wash Car Wash
-
Staybridge Car Wash Gym & Fitness Center Sports Field & Court
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Leonard C Spraker · 13 yrs held
Leonard C Spraker
since 2012
7 recorded transactions
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
Zone name
Intermediate Commercial
General category
COMMERCIAL
Zone area
13,095.06 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,562
Tax year 2023
Assessed value
$71,162
Assessed 2024
Previous assessed
$70,193
+1.4% YoY
Effective rate
12.03%
On assessed value
Land market value
$364,000
Improvement market value
$67,283
Total market value
$431,283
Applied tax rate
141,314.0000
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
Self service car washes
Use group
CAR WASH - SELF-SERVE
Status
Off-Market
Year built
1977
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
467 SF
Lot
0.38 ac (16,575 SF)
Zoning code
C-2
APN
119-17-020
UPID
US07-3417022
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZZoning C-2 · permitted uses
C-2 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
Zone name
Intermediate Commercial
General category
COMMERCIAL
Zone area
13,095.06 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1977
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Leonard C Spraker
Individual
Free & Clear · 13 yrs held
Mailing address
PO BOX 5418, PHOENIX, AZ 85078
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2012
—
Leonard C Spraker
Spraker L C & E N Trust
Quit Claim Deed
—
Oct 10, 2007
—
24 Earll LLC
Spraker L C & E N Trust
Quit Claim Deed
related
—
Apr 14, 2005
$525,000
Leonard C Spraker
Larue,paul E & Julie A
Grant Deed
—
Nov 15, 1999
$223,000
Paul E Larue
Mcdowell Battes Dairy Queen
Grant Deed
$193,000 · First National Bank
Apr 28, 1995
$196,000
Brown,ronald S
Mcdowell Buttes Dairy
Trustees Deed
$196,000
Jul 25, 1994
$186,137
Mcdowell Buttes Diary Queen INC
P S & R Car Wash
Grant Deed
—
Feb 3, 1994
—
Ps&r,car Wash LLC
Larue
Grant Deed
related
—
Nov 3, 1993
—
Paul E Larue
Ps&r Car Wash Ll
Grant Deed
related
—
Feb 1, 1993
$237,500
P,s & R Car Wash LLC
Haverland
Grant Deed
$192,500 · Seller Carry Back
Dec 30, 1991
$70,000
Jerry Haverland
Valley National
Grant Deed
—
Aug 27, 1987
—
Charles E George
—
Deed Of Trust
related
—
—
—
Ronald S Brown
—
Deed Of Trust
related
$196,000
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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