New search
Property profile & analytics
OFF-MARKET
Estimated value
$72,400,000
Showrooms
3333 7th St, Phoenix, AZ 85040-1182
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-2541974
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2016
Construction
CONCRETE
Total area
391,630 SF
Lot
23 ac (1,001,670 SF)
Zoning code
A-2
APN
113-16-011
UPID
US07-2541974
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
-
J.R. McDade Cabinet & Countertop Division Warehouse & Storage
-
Airport Logistics Freight Service Logistics Company
-
Sonny's CarWash Services Car Wash
-
AMAZON XL DELIVERY Courier Service Postal Service
-
Amazon Flex Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$72.40M
CAP Approach
CAP
$76.82M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$72.40M
Owner & transaction history
Riverbend Phoenix Properties I LLC · 1 yrs held
Riverbend Phoenix Properties I LLC
since 2024
Last sale
$72.4M
7 recorded transactions
Zoning & alternative use
A-2 · Phoenix, 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 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
$72,400,000
ML approach
$72,400,000
CAP Approach
CAP Return
Estimation
6%
$83,220,000
6.5%
$76,820,000
7%
$71,335,000
Blend value · Realmo final
$72.40M
Range $65.16M – $79.64M · ±10% · vs last sale $72.40M (Nov 18 2024)
Last sale anchor
$72.40M
Nov 18 2024
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
$185 / 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
$679,426
Tax year 2023
Assessed value
$8,135,655
Assessed 2024
Previous assessed
$5,756,778
+41.3% YoY
Effective rate
8.35%
On assessed value
Land market value
$5,507,800
Improvement market value
$43,799,200
Total market value
$49,307,000
Applied tax rate
661,300.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2016
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
391,630 SF
Lot
23 ac (1,001,670 SF)
Zoning code
A-2
APN
113-16-011
UPID
US07-2541974
Jurisdiction
MARICOPA
Zoning & alternative use
A-2 · Phoenix, AZ
Zoning A-2 · permitted uses
A-2 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
23 ac
Current owner
From public records · entity-resolved
Riverbend Phoenix Properties I LLC
Entity
Mailing address
PO BOX 638, ADDISON, TX 75001-0638
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2025
—
Riverbend Phoenix Properties I LLC
—
Deed
related
—
Nov 18, 2024
$72,400,000
Riverbend Phoenix Properties I LLC
Spus9 Phoenix Airport Industrial LP
Special Warranty Deed
$100,000 · Standard Chartered Bank
Nov 19, 2020
$4,400,000
Blz Co LLC
Connections Osborn Re LLC
Warranty Deed
—
Jul 2, 2020
—
Spus9 Phoenix Airport Indl LP
—
Deed
related
$27,150,000 · Cred Reit Holdco LLC
Nov 26, 2019
$38,750
Spus9 Phoenix Airport Indus
Trust Phoenix Airport Industr
Grant Deed
—
May 10, 2019
—
Connections Osborn Re LLC
—
Deed
related
$1,863,000 · Commerce Bk/az
Dec 18, 2018
—
Connections Osborn Re LLC
Mcr 7th Ave LLC
Deed
$1,490,000 · Business Dev Fin
Jul 3, 2017
$1,690,000
Mcr 7th Ave LLC
Az4 Partners LLC
Grant Deed
$2,160,000 · Commerce Bk/az
Nov 7, 2016
$32,650,000
Trust Phoenix Arpt Indl LLC
Opus Dev Co LLC
Grant Deed
—
—
—
Spus9 Phoenix Airport Indl LP
—
Deed Of Trust
related
$27,150,000 · Cred Reit Holdco LLC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3333 7th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
