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Property profile & analytics
OFF-MARKET
Retail space
3233 Indian School Rd Phoenix, AZ 85018-5011
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-2347239
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2020
Total area
698 SF
Lot
0.37 ac (16,047 SF)
Zoning code
C-1
APN
127-34-133R
UPID
US07-2347239
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
-
Salad and Go Restaurant
-
Joseph Scott Salon Hair Salon Nail Salon
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
Carole Ann Lenihan · 2 yrs held
Carole Ann Lenihan
since 2023
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
C-1 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose C-1 zone is to provide light neighborhood type retail and customer service uses designed to be compatible with each other and nearby residential districts
Zone name
Neighborhood Retail Commercial
General category
COMMERCIAL
Zone area
1,755.38 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
$8,511
Tax year 2023
Assessed value
$137,243
Assessed 2024
Previous assessed
$109,492
+25.3% YoY
Effective rate
6.20%
On assessed value
Land market value
$672,800
Improvement market value
$220,137
Total market value
$892,937
Applied tax rate
141,300.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2020
Heating
NONE
Stories
1
Total area
698 SF
Lot
0.37 ac (16,047 SF)
Zoning code
C-1
APN
127-34-133R
UPID
US07-2347239
Jurisdiction
MARICOPA
Zoning & alternative use
C-1 · Phoenix, AZZoning C-1 · permitted uses
C-1 · 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-1 zone is to provide light neighborhood type retail and customer service uses designed to be compatible with each other and nearby residential districts
Zone name
Neighborhood Retail Commercial
General category
COMMERCIAL
Zone area
1,755.38 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2020
Heating
NONE
Stories
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Carole Ann Lenihan
Individual
Mailing address
220 N GOWER ST, LOS ANGELES, CA 90004-3830
Ownership since
2023
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 11, 2023
—
Carole Ann Lenihan
Carole Lenihan
Intrafamily Transfer
related
—
Aug 10, 2023
—
Carole Ann Lenihan
Carole Lenihan
Intrafamily Transfer
related
—
Mar 25, 2022
$3,550,000
Carole Lenihan
And Go Concepts LLC
Special Warranty Deed
—
Apr 22, 2021
—
And Go Concepts LLC
—
Deed
related
$1,500,000 · Salad Funding LLC
Oct 23, 2019
$800,500
Go Concepts LLC
Kevin Anderson Consulting
Grant Deed
—
Feb 5, 2018
—
Kevin Anderson Consulting LLC
—
Deed
related
$208,250 · Bankers Trust Company NA
Jul 31, 2015
$230,000
Kevin Anderson Consulting LLC
Teresa Louise Wurtz
Special Warranty Deed
$197,500 · Pacific Enterprise Bank
Dec 4, 2014
—
Gardner,afton P Family Trust
3233 E Indian School Road LLC
Grant Deed
related
—
May 25, 2012
—
Gardner,afton P Family Trust
Afton P Gardner
Quit Claim Deed
related
—
Jan 20, 2011
—
Gardner,afton P
Joseph J Michitsch
Quit Claim Deed
related
—
Aug 20, 2007
—
3233 East Indian Sch Road LLC
Joseph Michitsch
Grant Deed
—
Jun 22, 2005
$325,000
Michitsch,joseph J
Guy M Gardner
Grant Deed
$275,000 · Guy M & Afton P Gardner
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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