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Property profile & analytics
OFF-MARKET
Estimated value
$1,450,000
Flex space
4122 Innovative Dr Phoenix, AZ 85086-3846
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-0082686
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2004
Construction
CONCRETE
Total area
13,928 SF
Lot
0.06 ac (2,800 SF)
Zoning code
CP/GCP
APN
203-03-983
UPID
US07-0082686
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
-
National Auto Assurance Inc Insurance Agency
-
Encore Hospice Nursing Home
-
Dominion Group Properties Real Estate Agency
-
Dyers RV Parts and Accessories Auto Parts Store
-
The Skin Distillery Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.35M
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$1.45M
Owner & transaction history
26 Holdings LLC · 4 yrs held
26 Holdings LLC
since 2021
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
CP/GCP · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The most flexible option provides for a broad range of manufacturing, warehousing, distribution and supportive retail sales and services
Zone name
General Commerce Park
General category
INDUSTRIAL
Zone area
2,738.84 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 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
$1,730,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,460,000
6.5%
$1,350,000
7%
$1,250,000
Blend value · Realmo final
$1.45M
Range $1.31M – $1.60M · ±10% · vs last sale $1.20M (Sep 1 2021)
Last sale anchor
$1.20M
Sep 1 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
$104 / 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
$4,209
Tax year 2023
Assessed value
$63,410
Assessed 2024
Previous assessed
$51,000
+24.3% YoY
Effective rate
6.64%
On assessed value
Land market value
$76,800
Improvement market value
$307,500
Total market value
$384,300
Applied tax rate
971,300.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2004
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
13,928 SF
Lot
0.06 ac (2,800 SF)
Zoning code
CP/GCP
APN
203-03-983
UPID
US07-0082686
Jurisdiction
MARICOPA
Zoning & alternative use
CP/GCP · Phoenix, AZZoning CP/GCP · permitted uses
CP/GCP · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The most flexible option provides for a broad range of manufacturing, warehousing, distribution and supportive retail sales and services
Zone name
General Commerce Park
General category
INDUSTRIAL
Zone area
2,738.84 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2004
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
26 Holdings LLC
Entity
Mailing address
4122 W INNOVATIVE DR STE #102, ANTHEM, AZ 85086-3847
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2021
$1,200,000
26 Holdings LLC
Dd Innovative LLC
Special Warranty Deed
$1,020,000 · Meadows Bank
Jun 11, 2013
$330,400
Dd Innovative LLC
Ogee Anthem Properties LLC
Grant Deed
—
Aug 23, 2007
—
Ogee Anthem Properties LLC
Oglesby,donald E & Beverly A
Quit Claim Deed
related
—
Jun 20, 2007
$1,224,000
Donald E O'glesby
Young Ones Anthem LLC
Warranty Deed
$918,000 · Scottsdale Private Bank
Jun 8, 2006
$644,000
Young Ones Anthem LLC
Tumbo Lc
Special Warranty Deed
$1,030,000 · Cit Small Business Lending Corp
—
—
Ogee Anthem Properties LLC
—
Deed Of Trust
related
$918,000 · Midfirst Bank State Savings Bk
—
—
Young Ones Anthem LLC
—
Deed Of Trust
related
$95,000 · Cit Small Business Lending Co
—
—
Ogee Anthem Properties LLC
—
Deed Of Trust
related
$918,000 · Midfirst Bank State Savings Bk
—
—
Tumbo Lc
—
Deed Of Trust
related
$920,000 · Cactus Commerce Bank
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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