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Property profile & analytics
OFF-MARKET
Estimated value
$3,625,000
Grocery and convenience stores
3618 Buckeye Rd Phoenix, AZ 85009-5531
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-0072741
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1978
Construction
CONCRETE
Total area
4,700 SF
Lot
2.53 ac (110,207 SF)
Zoning code
C-3
APN
106-25-087B
UPID
US07-0072741
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
-
Circle K Grocery & Convenience Store
-
Circle K | Truck Stop Parking Lot & Garage Gas Station
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
ATM Atm
-
Bitcoin Depot | Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.62M
Blend (final)
Blend
$3.63M
Owner & transaction history
Kemad LLC · 5 yrs held
Kemad LLC
since 2020
7 recorded transactions
Zoning & alternative use
C-3 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.0M
+316.4%
Commercial (general)
$3.1M
+158.8%
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
OFFICE BUILDING
$4,980,000
Change: +316% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,095,000
Change: +159% · Conversion: Easy
Blend value · Realmo final
$3.63M
Range $3.26M – $3.99M · ±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
$771 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$16,440
Tax year 2022
Assessed value
$333,069
Assessed 2024
Previous assessed
$257,788
+29.2% YoY
Effective rate
4.94%
On assessed value
Land market value
$1,047,900
Improvement market value
$970,700
Total market value
$2,018,600
Applied tax rate
211,300.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1978
Construction
CONCRETE
Heating
HEAT PUMP
Buildings
3
Stories
1
Total area
4,700 SF
Lot
2.53 ac (110,207 SF)
Zoning code
C-3
APN
106-25-087B
UPID
US07-0072741
Jurisdiction
MARICOPA
Zoning & alternative use
C-3 · Phoenix, AZ
Zoning C-3 · permitted uses
C-3 · 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
OFFICE BUILDING
Est. value
$5.0M
COMMERCIAL (GENERAL)
Est. value
$3.1M
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1978
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Buildings
3
Lot
2.53 ac
Current owner
From public records · entity-resolved
Kemad LLC
Entity
Free & Clear · 5 yrs held
Mailing address
5635 W ALAMEDA RD, GLENDALE, AZ 85310-3612
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2020
—
Kemad LLC
Suncor Holdings-cop I LLC
Grant Deed
related
—
Nov 14, 2019
—
Kemad LLC
—
Correction Deed
related
$1,650,000 · First Fidelity Bk
Sep 20, 2019
—
Kemad LLC
—
Grant Deed
related
$1,650,000 · First Fidelity Bk
May 31, 2019
—
Kemad LLC
Obc Michigan II LLC
Grant Deed
—
Jan 28, 2019
$2,300,000
Obc Michigan II LLC
Levinson,charitable Trust
Trustees Deed
$2,456,000 · Us Income Ptrs
Aug 19, 2004
$1,808,690
Levinson Trust
Dbncf Circle LLC
Grant Deed
—
Mar 31, 2004
—
Circle K Stores INC
Kayo Oil
Quit Claim Deed
related
—
Mar 31, 2004
$1,410,000
Dbncf Circle LLC
Circle K Stores INC
Grant Deed
related
—
Jan 7, 1998
$1,200,000
Circle K Stores INC
Store Properties Co Trustee
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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