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Property profile & analytics
OFF-MARKET
Specialty properties
321 Elliot Rd Gilbert, AZ 85234-6704
Trust Owned
6-yr Hold
~
Est. High Equity
Property ID
US07-1344641
Property profile
Verified
Property type
Specialty properties
Use group
KENNEL
Year built
2002
Construction
CONCRETE
Total area
14,648 SF
Lot
0.84 ac (36,531 SF)
Zoning code
LI
APN
309-12-488
UPID
US07-1344641
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
-
Pete and Mac's Dog Boarding and Training Kennel & Boarding Facility
-
Pete & Mac's High School
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
Dean,j Omalley Living Trust · 6 yrs held
Dean,j Omalley Living Trust
since 2019
6 recorded transactions
Zoning & alternative use
LI · Gilbert, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Gilbert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gilbert 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
$24,259
Tax year 2023
Assessed value
$407,375
Assessed 2024
Previous assessed
$365,347
+11.5% YoY
Effective rate
5.95%
On assessed value
Land market value
$572,500
Improvement market value
$1,896,442
Total market value
$2,468,942
Applied tax rate
410,600.0000
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
Specialty properties
Use group
KENNEL
Status
Off-Market
Year built
2002
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
14,648 SF
Lot
0.84 ac (36,531 SF)
Zoning code
LI
APN
309-12-488
UPID
US07-1344641
Jurisdiction
MARICOPA
Zoning & alternative use
LI · Gilbert, AZ
Zoning LI · permitted uses
LI · Gilbert, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gilbert. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.84 ac
Current owner
From public records · entity-resolved
Dean,j Omalley Living Trust
Trust
Mailing address
1713 W BALBOA BLVD APT A, NEWPORT BEACH, CA 92663-4599
Ownership since
2019
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
Oct 2, 2019
—
Dean,j Omalley Living Trust
Dean J Omalley Living Trust
Quit Claim Deed
related
$1,630,000 · Zions First Nat'l Bk
Jul 16, 2015
$2,680,000
Malley,dean J O Living Trust
Apcp Gilbert LLC
Grant Deed
$1,876,000 · Biltmore Bk/az
Sep 19, 2007
$1,900,000
Apcp Gilbert LLC
Pete & Macs Gilbert LLC
Grant Deed
$1,425,000 · Colorado St Bk&tr
Mar 31, 2005
—
Pete & Macs Gilbert LLC
Pet Resorts INC
Quit Claim Deed
related
$4,983,300 · Gold Bank
—
—
Apcp Gilbert LLC
—
Loan Modification
related
$1,425,000 · Colorado St Bk&tr
—
—
Omalley,dean J Living Trust
—
Deed Of Trust
related
$1,630,000 · Zions First Nat'l Bk
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.
Try Rey
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