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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Medical Office Space
334 Hatcher Rd, Phoenix, AZ 85020-2536
Entity Owned
1-yr Hold
Free & Clear
Property ID
US07-0835049
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1994
Construction
STEEL FRAME
Total area
3,306 SF
Lot
0.23 ac (10,019 SF)
Zoning code
R-5
APN
159-45-095
UPID
US07-0835049
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
-
Jerry Olshan Physician
-
Connection (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$725k
Comparable Approach
Comparable
$746k
Blend (final)
Blend
$705k
Owner & transaction history
Silverton Capital LLC · 1 yrs held
Silverton Capital LLC
since 2025
Last sale
$675,000
7 recorded transactions
Zoning & alternative use
R-5 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$985,000
+12.3%
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
$685,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$785,000
6.5%
$725,000
7%
$675,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$880,000
Current use
RETAIL STORES
$985,000
Change: +12% · Conversion: Difficult
WAREHOUSE, STORAGE
$860,000
Change: -2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$840,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$705k
Range $635k – $776k · ±10% · vs last sale $675k (Apr 25 2025)
Last sale anchor
$675k
Apr 25 2025
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
$213 / 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
$8,938
Tax year 2023
Assessed value
$94,397
Assessed 2024
Previous assessed
$79,696
+18.4% YoY
Effective rate
9.47%
On assessed value
Land market value
$114,000
Improvement market value
$458,100
Total market value
$572,100
Applied tax rate
61,300.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1994
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
3,306 SF
Lot
0.23 ac (10,019 SF)
Zoning code
R-5
APN
159-45-095
UPID
US07-0835049
Jurisdiction
MARICOPA
Zoning & alternative use
R-5 · Phoenix, AZ
Zoning R-5 · permitted uses
R-5 · 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
MEDICAL BUILDING Current
Est. value
$880,000
RETAIL STORES
Est. value
$985,000
WAREHOUSE, STORAGE
Est. value
$860,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$840,000
MEDICAL BUILDING Current
RETAIL STORES
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
1994
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Silverton Capital LLC
Entity
Free & Clear · 1 yrs held
Mailing address
8025 N 12TH ST, PHOENIX, AZ 85020-3801
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2025
—
Silverton Capital LLC
Klg Investments LLC
Quitclaim Deed
related
—
Jan 22, 2024
$675,000
Klg Investments LLC
United States Of America
Special Warranty Deed
$750,000 · Rjj Investments LLC
Nov 6, 2023
—
William A Latham
William A Latham
Deed
related
—
Mar 26, 2021
$700,000
Sigma College University Trade Scho
Linac Landscapes LLC
Warranty Deed
—
Oct 9, 2020
—
Linac Landscapes LLC
—
Deed
related
$420,000 · Steven O Hiaasen
Jun 26, 1996
$93,000
Linac,landscapes L L C
Mel Fink & Associates Ltd
Trustees Deed
—
Jun 26, 1996
—
Mel Fink & Associates Ltd
M & A Enterprises INC
Quit Claim Deed
related
—
Sep 30, 1994
—
Mel Fink And Associates INC
M & A Enterprises INC
Grant Deed
related
—
—
—
Linac Landscapes LLC
—
Deed Of Trust
related
$420,000 · Steven O Hiaasen
—
—
Linac Landscapes LLC
—
Deed Of Trust
related
$420,000 · Runyon Family Trust (pt)
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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