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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Medical Office Space
4501 7th St, Phoenix, AZ 85014-3804
Entity Owned
8-yr Hold
Free & Clear
Property ID
US07-1226607
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1980
Construction
CONCRETE
Total area
3,586 SF
Lot
0.83 ac (36,338 SF)
Zoning code
C-2
APN
155-20-122
UPID
US07-1226607
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
-
Risas Dental and Braces - Phoenix Central Dental Office
-
Dr. Stewart Kimball Dental Office
-
Dr. Tyler Hicks Dental Office
-
Jeffrey Perrero Dental Office
-
Dr. Shawn Otteson Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.40M
Owner & transaction history
4501 7th LLC · 8 yrs held
4501 7th LLC
since 2018
5 recorded transactions
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+59.2%
Retail stores
$1.1M
+12.3%
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
MEDICAL BUILDING
$950,000
Current use
AUTO REPAIR, GARAGE
$1,515,000
Change: +59% · Conversion: Difficult
RETAIL STORES
$1,070,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$945,000
Change: 0% · Conversion: Easy
WAREHOUSE, STORAGE
$930,000
Change: -2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$915,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±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
$390 / 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
$14,653
Tax year 2023
Assessed value
$414,932
Assessed 2024
Previous assessed
$362,172
+14.6% YoY
Effective rate
3.53%
On assessed value
Land market value
$2,034,700
Improvement market value
$596,574
Total market value
$2,631,274
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1980
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
3,586 SF
Lot
0.83 ac (36,338 SF)
Zoning code
C-2
APN
155-20-122
UPID
US07-1226607
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
MEDICAL BUILDING Current
Est. value
$950,000
AUTO REPAIR, GARAGE
Est. value
$1.5M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$945,000
WAREHOUSE, STORAGE
Est. value
$930,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$915,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1980
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
4501 7th LLC
Entity
Free & Clear · 8 yrs held
Mailing address
7146 N WILDER RD, PHOENIX, AZ 85021-8759
Ownership since
2018
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
Jul 2, 2018
—
4501 7th LLC
Khalighi,pejman & Fariba R
Warranty Deed
—
Dec 30, 2016
—
Colter Associates LLC
Colter Associates LP
Quitclaim Deed
related
—
Oct 27, 2016
$385,000
Pejman Khalighi
Comercio I Broadway & 7th
Warranty Deed
—
Jul 18, 2014
—
Betes,richard & Elizabeth Trust
Betes Richard & E Trust
Quit Claim Deed
related
—
Jul 25, 2005
—
Richard Betes
Betes,richard A & Elizabeth A
Quit Claim Deed
related
—
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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