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Property profile & analytics
OFF-MARKET
Estimated value
$2,825,000
Industrial properties
4324 42nd Ave Phoenix, AZ 85019-3302
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US07-3414416
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1972
Construction
STEEL FRAME
Total area
13,423 SF
Lot
1.62 ac (70,640 SF)
Zoning code
A-2
APN
107-02-074
UPID
US07-3414416
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
-
Southwestern Collision Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.84M
Blend (final)
Blend
$2.83M
Owner & transaction history
Msm Properties LLC · 22 yrs held
Msm Properties LLC
since 2004
7 recorded transactions
Zoning & alternative use
A-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.0M
+35.5%
Medical building
$3.6M
+20.7%
Warehouse, storage
$3.5M
+18.0%
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
INDUSTRIAL (GENERAL)
$2,955,000
Current use
RETAIL STORES
$4,000,000
Change: +35% · Conversion: Moderate
MEDICAL BUILDING
$3,565,000
Change: +21% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,485,000
Change: +18% · Conversion: Easy
Blend value · Realmo final
$2.83M
Range $2.54M – $3.11M · ±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
$210 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$14,943
Tax year 2022
Assessed value
$241,461
Assessed 2024
Previous assessed
$217,005
+11.3% YoY
Effective rate
6.19%
On assessed value
Land market value
$486,500
Improvement market value
$976,900
Total market value
$1,463,400
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1972
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Total area
13,423 SF
Lot
1.62 ac (70,640 SF)
Zoning code
A-2
APN
107-02-074
UPID
US07-3414416
Jurisdiction
MARICOPA
Zoning & alternative use
A-2 · Phoenix, AZ
Zoning 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
Phoenix. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.0M
RETAIL STORES
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$3.6M
WAREHOUSE, STORAGE
Est. value
$3.5M
INDUSTRIAL (GENERAL) Current
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
1972
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Lot
1.62 ac
Current owner
From public records · entity-resolved
Msm Properties LLC
Entity
Mailing address
4324 N 42ND AVE, PHOENIX, AZ 85019-3302
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2017
—
Msm Properties LLC
—
Deed
related
$650,000 · Jpmorgan Chase Bank NA
Jun 28, 2004
$850,000
Msm Properties LLC
Barlet,ronald F & Peggy A
Grant Deed
$700,000 · Us Bank NA
Aug 12, 1999
$635,000
Ronald F Barlet
Beyshau,gray R & Patricia M
Grant Deed
$535,000 · Associates Commercial Corp
Feb 5, 1999
—
Gary R Beyschau
Babe Investments Gp
Grant Deed
$400,000 · Bank One Arizona
Dec 21, 1989
$345,000
Babe Investments
Yingling Bld Mat
Grant Deed
—
Dec 24, 1987
$345,000
Buildin Yingling
Meyer
Grant Deed
$320,000
—
—
Msm Properties LLC
—
Deed Of Trust
related
$691,000 · Pacific Enterprise Bank
—
—
Ronald F Barlet
—
Deed Of Trust
related
$535,000 · Associates Commercial Corp
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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