Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Grocery and convenience stores
4601 12th St Phoenix, AZ 85014-4006
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-1356038
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1971
Construction
CONCRETE
Total area
2,680 SF
Lot
0.21 ac (9,088 SF)
Zoning code
C-2
APN
155-09-092
UPID
US07-1356038
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
-
Athena Bitcoin ATM Atm Crypto Atm
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Aa's Corner Mart Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
$615k
Comparable Approach
Comparable
$803k
Blend (final)
Blend
$900k
Owner & transaction history
Elizabeth B Eason · 1 yrs held
Elizabeth B Eason
since 2024
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+66.0%
Retail stores
$800,000
+17.1%
Medical building
$710,000
+4.3%
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
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
$665,000
6.5%
$615,000
7%
$570,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$680,000
Current use
AUTO REPAIR, GARAGE
$1,130,000
Change: +66% · Conversion: Difficult
RETAIL STORES
$800,000
Change: +17% · Conversion: Easy
MEDICAL BUILDING
$710,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$710,000
Change: +4% · Conversion: Moderate
WAREHOUSE, STORAGE
$695,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Sep 4 2024)
Last sale anchor
$900k
Sep 4 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
$336 / 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
$3,966
Tax year 2022
Assessed value
$60,221
Assessed 2024
Previous assessed
$49,266
+22.2% YoY
Effective rate
6.59%
On assessed value
Land market value
$198,600
Improvement market value
$166,376
Total market value
$364,976
Applied tax rate
381,307.0000
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
1971
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
2,680 SF
Lot
0.21 ac (9,088 SF)
Zoning code
C-2
APN
155-09-092
UPID
US07-1356038
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$680,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$800,000
MEDICAL BUILDING
Est. value
$710,000
OFFICE BUILDING
Est. value
$710,000
WAREHOUSE, STORAGE
Est. value
$695,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
OFFICE 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
1971
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Elizabeth B Eason
Individual
Mailing address
8520 W PEORIA AVE STE #101, PEORIA, AZ 85345-6451
Mailing matches property
Yes
Owner-occupied
Yes
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2024
$900,000
Elizabeth B Eason
Betak II Properties LLC
Special Warranty Deed
—
Sep 4, 2024
—
Elizabeth B Eason
Russell Eason
Intrafamily Transfer
related
—
Jun 24, 2021
$585,000
Betak II Properties LLC
Twelfth 4601 LLC
Special Warranty Deed
—
Aug 26, 2020
—
Twelfth 4601 LLC
Ronald D Kline
Grant Deed
—
May 27, 2016
—
Kline,janet E Trust
Kline Janet E Trust
Quit Claim Deed
related
—
Dec 27, 2012
—
Ronald D Kline
Kline Janet E Trust
Quit Claim Deed
related
—
Jun 24, 2011
$535,000
Kline Janet E Trust
Mtm Investments Corp Of Prescott
Grant Deed
—
Nov 20, 2003
—
Mtm Investments Corp Prescott
Meredith,tommy L & Joan R
Quit Claim Deed
related
$245,000 · Summit Bank
Oct 31, 2003
—
Mtm Investments Corp
Mtm Investments Corp
Quit Claim Deed
related
—
Mar 6, 1991
$120,000
M T M Investment
Endsley
Grant Deed
$105,000 · Seller
—
—
John Conway
—
Deed Of Trust
related
—
—
—
David M Arntz
—
Deed Of Trust
related
$23,000 · Erisa Mortgage
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4601 12th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
