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Property profile & analytics
OFF-MARKET
Estimated value
$127,395,000
Specialty properties
34000 27th Dr, Phoenix, AZ 85085-6627
Trust Owned
12-yr Hold
Free & Clear
Property ID
US07-0912191
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2007
Construction
STEEL FRAME
Total area
7,177 SF
Lot
27.47 ac (1,196,598 SF)
Zoning code
R1-8
APN
204-02-003H
UPID
US07-0912191
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
-
Active Digital Marketing Marketing & Advertising (Bike/Boat/Book/etc) Store
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Pombrah Music Publishing Music Venue Publishing House
-
Let Me Inn C Family Recreation Center
-
Las Colinas at Black Canyon Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$134.98M
Blend (final)
Blend
$127.40M
Owner & transaction history
Frankel Family Trust · 12 yrs held
Frankel Family Trust
since 2014
6 recorded transactions
Zoning & alternative use
R1-8 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$127.40M
Range $114.66M – $140.13M · ±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
$17,750 / 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
$413,729
Tax year 2023
Assessed value
$9,659,450
Assessed 2024
Previous assessed
$7,996,310
+20.8% YoY
Effective rate
4.28%
On assessed value
Land market value
$19,318,900
Improvement market value
$77,275,600
Total market value
$96,594,500
Applied tax rate
971,300.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Buildings
61
Stories
1
Units
304
Total area
7,177 SF
Lot
27.47 ac (1,196,598 SF)
Zoning code
R1-8
APN
204-02-003H
UPID
US07-0912191
Jurisdiction
MARICOPA
Zoning & alternative use
R1-8 · Phoenix, AZ
Zoning R1-8 · permitted uses
R1-8 · 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
2007
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
61
Units
304
Lot
27.47 ac
Current owner
From public records · entity-resolved
Frankel Family Trust
Trust
Free & Clear · 12 yrs held
Mailing address
1800 E DEERE AVE, SANTA ANA, CA 92705-5721
Ownership since
2014
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
Oct 3, 2019
—
Frankel Family Trust
—
Deed
related
—
Jan 3, 2014
—
Frankel Family Trust
Las Colinas Apartment Partners
Grant Deed
—
Feb 20, 2013
$41,250,000
Las Colinas Apartment Partners
Erp Operating Limited Partnership
Special Warranty Deed
$25,000,000 · Wells Fargo Bank NA
Nov 7, 2008
$43,820,223
Operating Erp
Lascolinas Of Black Canyon Apartm
Grant Deed
—
Mar 16, 2006
$2,772,000
Las Colinas Black Canyon Apartments
Lawrence A Schneider
Special Warranty Deed
—
—
—
Frankel Family Trust
—
Loan Modification
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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