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Property profile & analytics
OFF-MARKET
Estimated value
$22,735,000
Hotels
3265 Market St, Gilbert, AZ 85297-7328
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US07-1278797
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2008
Construction
CONCRETE
Total area
61,559 SF
Lot
2.09 ac (91,070 SF)
Zoning code
C-G
APN
304-46-910
UPID
US07-1278797
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
-
Hampton Inn & Suites Phoenix/Gilbert Hotel & Motel
-
skyline aquatic center 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
$22.87M
Blend (final)
Blend
$22.74M
Owner & transaction history
Paramount Investor Group LLC
Paramount Investor Group LLC
since 2025
3 recorded transactions
Zoning & alternative use
C-G · Gilbert, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$33.8M
+38.0%
Auto repair, garage
$27.3M
+11.6%
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
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
HOTEL/MOTEL
$24,500,000
Current use
RESTAURANT
$33,815,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$27,335,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$22,600,000
Change: -8% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$22,405,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$22.74M
Range $20.46M – $25.01M · ±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
$369 / 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
$112,097
Tax year 2023
Assessed value
$2,018,972
Assessed 2024
Previous assessed
$1,776,789
+13.6% YoY
Effective rate
5.55%
On assessed value
Land market value
$2,410,600
Improvement market value
$9,825,592
Total market value
$12,236,192
Applied tax rate
410,618.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2008
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
4
Units
99
Total area
61,559 SF
Lot
2.09 ac (91,070 SF)
Zoning code
C-G
APN
304-46-910
UPID
US07-1278797
Jurisdiction
MARICOPA
Zoning & alternative use
C-G · Gilbert, AZ
Zoning C-G · permitted uses
C-G · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$24.5M
RESTAURANT
Est. value
$33.8M
AUTO REPAIR, GARAGE
Est. value
$27.3M
RETAIL STORES
Est. value
$22.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$22.4M
HOTEL/MOTEL Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2008
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
4
Units
99
Lot
2.09 ac
Current owner
From public records · entity-resolved
Paramount Investor Group LLC
Entity
Mailing address
783 QUAIL RUN CIR, TRACY, CA 95377-7033
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2025
—
Paramount Investor Group LLC
—
Deed
related
$800,000 · Wells Fargo Bank NA
Mar 31, 2017
—
Paramount Investor Group LLC
—
Deed
related
$6,200,000 · Wells Fargo Bank NA
—
—
Paramount Investor Group LLC
—
Deed Of Trust
related
$7,200,000 · Enterprise Bank & Trust
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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