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Property profile & analytics
OFF-MARKET
Estimated value
$1,950,000
Warehouses
3043 Bell Rd Phoenix, AZ 85032-1920
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US07-1076908
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1976
Construction
CONCRETE
Total area
4,500 SF
Lot
1.84 ac (80,020 SF)
Zoning code
C-G
APN
214-31-003
UPID
US07-1076908
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
-
StorQuest Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.97M
Blend (final)
Blend
$1.95M
Owner & transaction history
3043 E Bell Road Sp LLC · 15 yrs held
3043 E Bell Road Sp LLC
since 2010
7 recorded transactions
Zoning & alternative use
C-G · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Public/Zoning (MapServer)
Top alternative use upside
Commercial (general)
$3.1M
+168.3%
Auto repair, garage
$1.9M
+62.8%
Office building
$1.4M
+16.5%
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
COMMERCIAL (GENERAL)
$3,135,000
Change: +168% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,900,000
Change: +63% · Conversion: Easy
OFFICE BUILDING
$1,360,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$1,265,000
Change: +8% · Conversion: Moderate
MEDICAL BUILDING
$1,195,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$1.95M
Range $1.76M – $2.15M · ±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
$433 / 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
$28,906
Tax year 2023
Assessed value
$715,787
Assessed 2024
Previous assessed
$460,275
+55.5% YoY
Effective rate
4.04%
On assessed value
Land market value
$797,100
Improvement market value
$3,541,000
Total market value
$4,338,100
Applied tax rate
691,300.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1976
Construction
CONCRETE
Heating
NONE
Buildings
8
Stories
1
Units
8
Total area
4,500 SF
Lot
1.84 ac (80,020 SF)
Zoning code
C-G
APN
214-31-003
UPID
US07-1076908
Jurisdiction
MARICOPA
Zoning & alternative use
C-G · Phoenix, AZZoning C-G · permitted uses
C-G · 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
COMMERCIAL (GENERAL)
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1976
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
8
Units
8
Lot
1.84 ac
Current owner
From public records · entity-resolved
3043 E Bell Road Sp LLC
Entity
Mailing address
PO BOX 2034, SANTA MONICA, CA 90406-2034
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2021
—
3043 E Bell Road Sp LLC
—
Deed
related
$2,275,000 · Ubs Ag Tampa Branch
Dec 18, 2020
—
3043 E Bell Road Sp LLC
—
Deed
related
$2,275,000 · Ubs Ag Tampa Branch
Oct 15, 2010
—
3043 E Bell Road Sp LLC
3005 Bell Road Sp LLC
Grant Deed
$1,000,000 · Meridian Bank
Aug 1, 2008
$2,000,000
3005 Bell Road Sp LLC
Dowell Family LLC
Grant Deed
—
Jan 16, 2004
—
Dowell Family LLC
—
Deed Of Trust
related
$1,100,000 · Western Security Bank
Dec 30, 1994
—
Dowell Family L L C
Dowell
Quit Claim Deed
related
—
Sep 12, 1988
$500,000
Denzil L Dowell
—
Deed Of Trust
related
—
—
—
3043 E Bell Road Sp LLC
—
Deed Of Trust
related
$1,450,000 · Bank Of America
—
—
Dowell Family L L C
—
Deed Of Trust
related
$596,854 · Heritage 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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