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Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Strip malls
3901 Southern Ave, Phoenix, AZ 85041-4144
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US07-1299692
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1960
Construction
CONCRETE
Total area
9,350 SF
Lot
0.68 ac (29,540 SF)
Zoning code
C-2
APN
105-90-092A
UPID
US07-1299692
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
-
South Mountain Tires (Bike/Boat/Book/etc) Store Auto Parts Store
-
Sam's Grocery & Check Cashing Grocery & Convenience Store
-
The Cell Doctors Mobile Phone Store Electronics & Wireless Store
-
Magicsex1.com (Bike/Boat/Book/etc) Store Pharmacy
-
Hantle ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.06M
Owner & transaction history
Becker Boards Small LLC · 7 yrs held
Becker Boards Small LLC
since 2019
7 recorded transactions
Zoning & alternative use
C-2 · 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
$1.06M
Range $950k – $1.16M · ±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
$113 / 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
$10,284
Tax year 2023
Assessed value
$110,715
Assessed 2024
Previous assessed
$92,548
+19.6% YoY
Effective rate
9.29%
On assessed value
Land market value
$193,700
Improvement market value
$477,300
Total market value
$671,000
Applied tax rate
590,007.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1960
Construction
CONCRETE
Heating
NONE
Cooling
EVAPORATIVE
Stories
1
Total area
9,350 SF
Lot
0.68 ac (29,540 SF)
Zoning code
C-2
APN
105-90-092A
UPID
US07-1299692
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZ
Zoning C-2 · permitted uses
C-2 · 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
1960
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Becker Boards Small LLC
Entity
Mailing address
4740 S ROCKWELL ST, GILBERT, AZ 85297-5274
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
May 1, 2019
—
Becker Boards Small LLC
Relay Outdoor Phase One LLC
Grant Deed
related
—
Jun 21, 2011
$225,000
Atpsn LLC
Giles,fred
Warranty Deed
$25,000 · Fred Giles
Sep 21, 1993
$119,000
Giles,fred K
Kairys Lippman W
Trustees Deed
$94,000 · Seller Carry Back
Sep 21, 1993
—
Dongary Investments Ltd
March
Trustees Deed
related
—
Sep 21, 1993
$39,000
Harry March
March Corp
Grant Deed
related
—
—
—
Fred Giles
—
Deed Of Trust
related
$105,600 · Quicken Loans INC
—
—
Fread Giles
—
Deed Of Trust
related
$25,000 · Security Pacific National Bank
—
—
Fred Giles
—
Deed Of Trust
related
$210,000 · Bank One Arizona
—
—
Fred Giles
—
Deed Of Trust
related
$212,106 · Bank Of America
—
—
Fred Giles
—
Deed Of Trust
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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