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Property profile & analytics
FOR SALE
Parking lots & garages
36444 S Us Highway 85 17 Buckeye, AZ 85326
Individually Owned
3-yr Hold
Free & Clear
Property ID
US07-1548076
For Sale
1 / 12
$549,000
36444 S Us Highway 85,Unit 17, Buckeye, AZ 85326
View Listing →
Property profile
Verified
Property type
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Year built
2001
Construction
STEEL FRAME
Total area
1,200 SF
Lot
0.42 ac (18,499 SF)
Zoning code
R-1
APN
401-71-028
UPID
US07-1548076
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
-
Water Ski Arizona Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$322k
Blend (final)
Blend
$505k
Owner & transaction history
Garrison Gaither Jordan · 3 yrs held
Garrison Gaither Jordan
since 2023
Last sale
$500,000
3 recorded transactions
Zoning & alternative use
R-1 · Buckeye, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$535,000
+19.7%
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 Buckeye submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buckeye 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
$510,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$445,000
Current use
AUTO REPAIR, GARAGE
$535,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$405,000
Change: -9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$380,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $500k (Jun 12 2023)
Last sale anchor
$500k
Jun 12 2023
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
$421 / 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
$1,002
Tax year 2023
Assessed value
$20,100
Assessed 2024
Previous assessed
$12,600
+59.5% YoY
Effective rate
4.99%
On assessed value
Land market value
$122,400
Improvement market value
$78,600
Total market value
$201,000
Applied tax rate
240,519.0000
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
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Status
For Sale
Year built
2001
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
1,200 SF
Lot
0.42 ac (18,499 SF)
Zoning code
R-1
APN
401-71-028
UPID
US07-1548076
Jurisdiction
MARICOPA
Zoning & alternative use
R-1 · Buckeye, AZ
Zoning R-1 · permitted uses
R-1 · Buckeye, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buckeye. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
PARKING LOT Current
Est. value
$445,000
AUTO REPAIR, GARAGE
Est. value
$535,000
RETAIL STORES
Est. value
$405,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$380,000
PARKING LOT Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
2001
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Garrison Gaither Jordan
Individual
Free & Clear · 3 yrs held
Mailing address
3601 E MEDLOCK DR, PHOENIX, AZ 85018-1505
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2023
$500,000
Garrison Gaither Jordan
Five Ds & J INC
Warranty Deed
—
Aug 24, 2009
$4,200
Five Ds & J INC
Lakeside Ski Village INC
Grant Deed
—
Jun 11, 2009
$4,200
Five Ds & J INC
Lakeside Ski Village INC
Grant Deed
—
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?”
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