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Property profile & analytics
OFF-MARKET
Office buildings
42104 Venture Dr Ste D106 Phoenix, AZ 85086-3836
Entity Owned
4-yr Hold
Free & Clear
Property ID
US07-1545247
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Construction
CONCRETE
Total area
13,274 SF
Lot
0.02 ac (942 SF)
Zoning code
C-2
APN
203-03-575
UPID
US07-1545247
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
-
Matt Garner - Fairway Independent Mortgage- Loan Service Bank
-
Law Office of Florence M. Bruemmer, PC Law Firm Child Welfare Organization
-
North Valley Family Dentistry - Anthem Dental Office
-
Anthem Dental Office Dental Office
-
Majestic Dentistry Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sns Investments LLC · 4 yrs held
Sns Investments LLC
since 2021
Last sale
$434,700
5 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$3,473
Tax year 2022
Assessed value
$37,868
Assessed 2024
Previous assessed
$31,467
+20.3% YoY
Effective rate
9.17%
On assessed value
Land market value
$45,900
Improvement market value
$183,600
Total market value
$229,500
Applied tax rate
970,007.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
13,274 SF
Lot
0.02 ac (942 SF)
Zoning code
C-2
APN
203-03-575
UPID
US07-1545247
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
2003
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Sns Investments LLC
Entity
Free & Clear · 4 yrs held
Mailing address
5189 W ABRAHAM LN, GLENDALE, AZ 85308-9354
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2021
$434,700
Sns Investments LLC
Pile Holdings LLC
Special Warranty Deed
—
Jan 20, 2021
$341,550
Pile Holdings LLC
Western Center For Journal
Grant Deed
$315,993 · Western Center For Journalism
Aug 1, 2013
$190,000
Western Center For Journalism
2010 1 Cre Az Office LLC
Special Warranty Deed
$157,585 · Midfirst Bank
Feb 1, 2006
$623,860
William G Lewis
Ljb Anthem LLC
Special Warranty Deed
$424,000 · First Bank Of Beverly Hills
Aug 17, 2005
$461,175
Ljb Anthem LLC
Anthem Offices LLC
Grant Deed
$352,000 · Sonoma National 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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