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Property profile & analytics
OFF-MARKET
Estimated value
$2,425,000
Specialty properties
4111 36th St, Phoenix, AZ 85018-4761
Entity Owned
~
Est. High Equity
Property ID
US07-0280238
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
2000
Construction
CONCRETE
Total area
7,016 SF
Lot
0.55 ac (24,136 SF)
Zoning code
C-C
APN
170-31-003B
UPID
US07-0280238
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
-
Blue Cross Veterinary Clinic Veterinary Clinic
-
Dr. Stacey Ryan Insurance Agency
-
Blue Cross Veterinary Clinic: Bachtel Jeremy DVM Veterinary Clinic
-
Mulla Shaguffa DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.43M
Blend (final)
Blend
$2.43M
Owner & transaction history
Medvet Holdings LP
Medvet Holdings LP
since 2026
6 recorded transactions
Zoning & alternative use
C-C · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.7M
+102.3%
Auto repair, garage
$3.0M
+60.1%
Office building
$2.8M
+53.4%
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
VETERINARY, ANIMAL HOSPITAL
$1,850,000
Current use
RESTAURANT
$3,745,000
Change: +102% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,965,000
Change: +60% · Conversion: Difficult
OFFICE BUILDING
$2,840,000
Change: +53% · Conversion: Difficult
RETAIL STORES
$2,090,000
Change: +13% · Conversion: Difficult
MEDICAL BUILDING
$1,860,000
Change: +1% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,820,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$2.43M
Range $2.18M – $2.67M · ±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
$346 / 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
$26,319
Tax year 2023
Assessed value
$320,443
Assessed 2024
Previous assessed
$282,897
+13.3% YoY
Effective rate
8.21%
On assessed value
Land market value
$965,000
Improvement market value
$977,081
Total market value
$1,942,081
Applied tax rate
141,300.0000
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
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
2000
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
7,016 SF
Lot
0.55 ac (24,136 SF)
Zoning code
C-C
APN
170-31-003B
UPID
US07-0280238
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Phoenix, AZ
Zoning C-C · permitted uses
C-C · 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
VETERINARY, ANIMAL HOSPITAL Current
Est. value
$1.9M
RESTAURANT
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.0M
OFFICE BUILDING
Est. value
$2.8M
RETAIL STORES
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.9M
WAREHOUSE, STORAGE
Est. value
$1.8M
VETERINARY, ANIMAL HOSPITAL Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2000
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Medvet Holdings LP
Entity
Mailing address
4122 N 363RD ST, PHOENIX, AZ 85018
Ownership since
2026
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
Apr 9, 2026
$1,900,000
Medvet Holdings LP
Mayberry 4122 Ltd
Warranty Deed
—
Jun 30, 1999
$312,000
Blue Cross Veterinary Clinic
Amherst Properties INC
Grant Deed
$214,550 · Sunrise Bank Of Arizona
Jan 7, 1998
$210,000
Amherst Properties INC
Hawkeye Assoc INC
Grant Deed
—
Feb 17, 1995
$162,241
Hawkeye Associates INC
Corral
Trustees Deed
—
—
—
Blue Cross Veterinary Clinic
—
Deed Of Trust
related
$1,035,000 · Sunrise Bank Arizona
—
—
Blue Cross Veterinary Clinic
—
Deed Of Trust
related
$575,000 · Sunrise Bank Arizona
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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