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Property profile & analytics
OFF-MARKET
Estimated value
$10,580,000
Outlet malls
390 Litchfield Rd Goodyear, AZ 85338-1224
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-0041977
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1989
Construction
CONCRETE
Total area
62,156 SF
Lot
5.64 ac (245,786 SF)
Zoning code
C-2
APN
500-04-029
UPID
US07-0041977
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
-
Dollar Tree Grocery & Convenience Store Food Market
-
Goodwill Employment Agency
-
Amazon Locker - Temis Postal Service Courier Service
-
dd's DISCOUNTS Clothing Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.97M
Comparable Approach
Comparable
$12.74M
Blend (final)
Blend
$10.58M
Owner & transaction history
Goodyear Village LLC · 5 yrs held
Goodyear Village LLC
since 2021
Last sale
$8.8M
7 recorded transactions
Zoning & alternative use
C-2 · Goodyear, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of C-2 zone is to provide general retail, service and office use is provided for in the C-2 District, as well as encouragement of major, master planned retail shopping centers to respond to community and regional area demand for goods and services
Zone name
General Commercial
General category
COMMERCIAL
Zone area
712.10 ac
Source
Realmo
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 Goodyear submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goodyear 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
$8,805,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$12,965,000
6.5%
$11,970,000
7%
$11,115,000
Blend value · Realmo final
$10.58M
Range $9.52M – $11.64M · ±10% · vs last sale $8.75M (Apr 22 2021)
Last sale anchor
$8.75M
Apr 22 2021
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
$170 / 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
$80,533
Tax year 2023
Assessed value
$1,328,250
Assessed 2024
Previous assessed
$1,053,286
+26.1% YoY
Effective rate
6.06%
On assessed value
Land market value
$2,584,400
Improvement market value
$5,465,600
Total market value
$8,050,000
Applied tax rate
440,800.0000
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
1989
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
62,156 SF
Lot
5.64 ac (245,786 SF)
Zoning code
C-2
APN
500-04-029
UPID
US07-0041977
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Goodyear, AZZoning C-2 · permitted uses
C-2 · Goodyear, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of C-2 zone is to provide general retail, service and office use is provided for in the C-2 District, as well as encouragement of major, master planned retail shopping centers to respond to community and regional area demand for goods and services
Zone name
General Commercial
General category
COMMERCIAL
Zone area
712.10 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1989
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
5.64 ac
Current owner
From public records · entity-resolved
Goodyear Village LLC
Entity
Mailing address
3250 W BAYWOODS RD, COEUR D ALENE, ID 83814-8967
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2021
$8,750,000
Goodyear Village LLC
Goodyear Idm LLC
Special Warranty Deed
$50,000 · Us Bank NA
Jun 6, 2019
—
Goodyear Idm LLC
—
Deed
related
$4,705,677 · First Nat'l Bk/omaha
Sep 20, 2017
$2,075,000
Goodyear Idm LLC
Mego I LLC
Special Warranty Deed
$4,000,000 · First National Bank Of Omaha
Jul 17, 2006
$5,220,000
Mego I LLC
Litchfield Road Associates
Grant Deed
—
Sep 29, 1994
$3,950
Litchfield Road Associates L P
Real Estate Holding Corp
Grant Deed
$2,600,000 · Redevelopment Agency San Berna
Jun 4, 1991
—
Estate Hold Real
—
Deed Of Trust
related
—
—
—
Goodyear Idm LLC
—
Loan Modification
related
$4,705,677 · First Nat'l Bk/omaha
—
—
Mego I LLC
—
Deed Of Trust
related
$2,500,000 · Rabobank
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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