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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Grocery and convenience stores
4405 7th Ave Phoenix, AZ 85013-2904
Entity Owned
16-yr Hold
Free & Clear
Property ID
US07-0621190
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1986
Construction
CONCRETE
Total area
989 SF
Lot
0.3 ac (13,149 SF)
Zoning code
C-2
APN
155-33-140A
UPID
US07-0621190
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$708k
Blend (final)
Blend
$710k
Owner & transaction history
Pmp Investments LLC · 16 yrs held
Pmp Investments LLC
since 2010
7 recorded transactions
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$690,000
+173.6%
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
COMMERCIAL (GENERAL)
$690,000
Change: +174% · Conversion: Easy
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$718 / 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
$5,803
Tax year 2023
Assessed value
$65,090
Assessed 2024
Previous assessed
$56,700
+14.8% YoY
Effective rate
8.92%
On assessed value
Land market value
$302,500
Improvement market value
$131,435
Total market value
$433,935
Applied tax rate
81,300.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1986
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Total area
989 SF
Lot
0.3 ac (13,149 SF)
Zoning code
C-2
APN
155-33-140A
UPID
US07-0621190
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$690,000
COMMERCIAL (GENERAL)
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
1986
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.3 ac
Current owner
From public records · entity-resolved
Pmp Investments LLC
Entity
Free & Clear · 16 yrs held
Mailing address
3127 W QUAIL TRAK DR, PHOENIX, AZ 85083-5826
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2010
—
Pmp Investments LLC
Pmp Investments LLC
Quit Claim Deed
related
—
Dec 17, 2009
$160,000
Pmp Investments LLC
Pacific Wstrn Bk
Grant Deed
—
Jun 16, 2009
$314,994
Pacific Western Bank
Williams Craig K
Trustees Deed
related
—
Aug 31, 2006
$500,000
Khin San Myint
Prachi & Pashmi LLC
Warranty Deed
—
Oct 26, 2004
$312,000
Prachi & Pashmi LLC
E-stop LLC
Grant Deed
$112,000 · E-stop LLC
Jul 31, 2003
—
E Stop LLC
Shipley-phillips INC
Grant Deed
related
—
Feb 2, 1999
$550,000
Shiipley Phillips INC Oil Comp
Ventex LLC
Grant Deed
—
Aug 2, 1993
—
Convenience Plus Partners Ltd
Vrm Partners
Grant Deed
related
—
Jun 11, 1990
—
V R M Partners
Arnold Leasing A
Grant Deed
related
—
Mar 1, 1990
$265,000
Leasing A Arnold
Conoco INC
Grant Deed
—
Feb 28, 1990
$265,000
Conoco INC
Ten Thirty One E
Trustees Deed
—
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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