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Property profile & analytics
OFF-MARKET
Estimated value
$1,850,000
Distribution centers
4245 39th Ave Phoenix, AZ 85019
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-2688842
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1976
Construction
CONCRETE
Total area
59,760 SF
Lot
3.96 ac (172,454 SF)
Zoning code
A-2
APN
107-12-009B
UPID
US07-2688842
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.85M
Owner & transaction history
4245 N 39th Ave Mt Ozb LLC · 1 yrs held
4245 N 39th Ave Mt Ozb LLC
since 2024
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
A-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of A-2 zone is to provide intensive use of property, open uses and storage, industrial processes which may involve significant amounts of heat, mechanical and chemical processing, large amounts of materials transfer, extended or multiple shift operation or large scaled structures
Zone name
Industrial
General category
INDUSTRIAL
Zone area
10,167.00 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
$1,850,000
ML approach
$1,850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.85M
Range $1.67M – $2.04M · ±10% · vs last sale $1.85M (Sep 11 2024)
Last sale anchor
$1.85M
Sep 11 2024
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
$31 / 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
$54,323
Tax year 2023
Assessed value
$895,059
Assessed 2024
Previous assessed
$895,059
+0.0% YoY
Effective rate
6.07%
On assessed value
Land market value
$1,230,000
Improvement market value
$4,194,600
Total market value
$5,424,600
Applied tax rate
681,300.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1976
Construction
CONCRETE
Heating
NONE
Cooling
EVAPORATIVE
Stories
1
Total area
59,760 SF
Lot
3.96 ac (172,454 SF)
Zoning code
A-2
APN
107-12-009B
UPID
US07-2688842
Jurisdiction
MARICOPA
Zoning & alternative use
A-2 · Phoenix, AZZoning A-2 · permitted uses
A-2 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of A-2 zone is to provide intensive use of property, open uses and storage, industrial processes which may involve significant amounts of heat, mechanical and chemical processing, large amounts of materials transfer, extended or multiple shift operation or large scaled structures
Zone name
Industrial
General category
INDUSTRIAL
Zone area
10,167.00 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1976
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
3.96 ac
Current owner
From public records · entity-resolved
4245 N 39th Ave Mt Ozb LLC
Entity
Mailing address
4245 N 39TH AVE #140, SCOTTSDALE, AZ 85260
Ownership since
2024
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 11, 2024
$1,850,000
4245 N 39th Ave Mt Ozb LLC
4245 N 39th Avenue LLC
Special Warranty Deed
—
Jul 24, 2008
—
Gilbert Boston LLC
—
Deed Of Trust
related
$8,000,000 · Harris NA
Oct 3, 2001
$600,000
4245 N 39th Avenue LLC
Sofi IV-spm Portfolio Viii LLC
Grant Deed
—
Sep 5, 1997
$93,973
Scottsdale Property Management L
Centennial Avenue L P
Trustees Deed
—
Sep 5, 1997
$970,672
Scottsdale Property Management L
Centennial Avenue L P
Trustees Deed
—
May 25, 1993
$645,000
Way Centennial
Georgia-pacific
Grant Deed
—
—
—
4245 N 39th Avenue LLC
—
Deed Of Trust
related
$8,000,000 · Midfirst Bank State Savings Bk
—
—
4245 N 39th Avenue LLC
—
Deed Of Trust
related
$3,608,750 · Alliance Bank Of Arizona
—
—
4245 N 39th Avenue LLC
—
Deed Of Trust
related
$500,000 · Harris 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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