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Property profile & analytics
OFF-MARKET
Estimated value
$2,680,000
Outlet malls
3335 Bell Rd, Phoenix, AZ 85032
Individually Owned
16-yr Hold
Free & Clear
Property ID
US07-1283725
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1996
Construction
CONCRETE
Total area
10,098 SF
Lot
3.02 ac (131,513 SF)
Zoning code
C-2
APN
214-32-005A
UPID
US07-1283725
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.68M
Blend (final)
Blend
$2.68M
Owner & transaction history
Warburton Sims Props L Llevion · 16 yrs held
Warburton Sims Props L Llevion
since 2009
6 recorded transactions
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.3M
+50.5%
Office building
$3.1M
+7.7%
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
RETAIL STORES
$2,835,000
Current use
AUTO REPAIR, GARAGE
$4,265,000
Change: +51% · Conversion: Difficult
OFFICE BUILDING
$3,055,000
Change: +8% · Conversion: Easy
MEDICAL BUILDING
$2,680,000
Change: -5% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,620,000
Change: -8% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,570,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$2.68M
Range $2.41M – $2.95M · ±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
$265 / 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
$29,599
Tax year 2023
Assessed value
$298,650
Assessed 2024
Previous assessed
$298,650
+0.0% YoY
Effective rate
9.91%
On assessed value
Land market value
$1,021,400
Improvement market value
$788,600
Total market value
$1,810,000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1996
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
10,098 SF
Lot
3.02 ac (131,513 SF)
Zoning code
C-2
APN
214-32-005A
UPID
US07-1283725
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZ
Zoning C-2 · permitted uses
C-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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$4.3M
OFFICE BUILDING
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1996
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
3.02 ac
Current owner
From public records · entity-resolved
Warburton Sims Props L Llevion
Individual
Free & Clear · 16 yrs held
Mailing address
PO BOX 99, SPRINGDALE, UT 84767-0099
Ownership since
2009
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
Aug 25, 2009
$2,000,000
Warburton Sims Props L Llevion
Plaza Decampana LLC
Warranty Deed
—
Mar 30, 2009
—
Plaza Decampana LLC
—
Deed Of Trust
related
$14,400,000 · Wells Fargo Bank
Sep 10, 2004
—
Plaza Decampana LLC
24 Hour Fitness USA INC
Quit Claim Deed
related
—
Mar 20, 1998
$10,000,000
Plaza De Campana LLC
Plaza De Campana Partners
Grant Deed
related
$10,000,000 · Norwest Bank Minnesota
Jun 14, 1989
$600,000
Odysseus Propert
—
Deed Of Trust
related
—
Apr 1, 1988
$11,000,000
Odysseus Propert
Title
Grant Deed
related
—
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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