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Property profile & analytics
FOR LEASE
Flex space
4710 E Elwood St Phoenix, AZ 85040
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-3462011
For Lease
1 / 4
Contact for pricing
4710 E Elwood St, Phoenix, AZ 85040
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1997
Construction
CONCRETE
Total area
59,863 SF
Lot
6 ac (261,229 SF)
Zoning code
A-1
APN
124-55-001R
UPID
US07-3462011
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
-
Tower Engineering Professionals Telecommunications Service
-
Baker Construction Construction Company General Contractor
-
Archer Western Construction Construction Company
-
American Glass Professionals Auto Repair Shop (Bike/Boat/Book/etc) Store
-
Harris Carol Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Schnitzer Investment Corp · 4 yrs held
Schnitzer Investment Corp
since 2022
Last sale
$46.2M
7 recorded transactions
Zoning & alternative use
A-1 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$94,390
Tax year 2023
Assessed value
$1,870,539
Assessed 2024
Previous assessed
$1,700,867
+10.0% YoY
Effective rate
5.05%
On assessed value
Land market value
$2,056,600
Improvement market value
$9,280,000
Total market value
$11,336,600
Applied tax rate
31,300.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Lease
Year built
1997
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
59,863 SF
Lot
6 ac (261,229 SF)
Zoning code
A-1
APN
124-55-001R
UPID
US07-3462011
Jurisdiction
MARICOPA
Zoning & alternative use
A-1 · Phoenix, AZ
Zoning A-1 · permitted uses
A-1 · 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.
Building & site characteristics
From public records
Year built
1997
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
6 ac
Current owner
From public records · entity-resolved
Schnitzer Investment Corp
Entity
Mailing address
1121 SW SALMON ST #5, PORTLAND, OR 97205-2000
Ownership since
2022
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
Dec 30, 2025
—
Schnitzer Investment Corp
—
Deed
related
$225,000,000 · M & T Bank
Jul 18, 2022
$46,217,512
Schnitzer Investment Corp
Lba Realty Fund II Wbp II LLC
Special Warranty Deed
$28,000,000 · M & T Bank
Jul 10, 2020
—
Lba Realty Fund Hl-wbp I LLC
—
Deed
related
$15,000,000 · Sunwest Bk
May 30, 2018
—
Lba Realty Fund II-wbp II LLC
—
Deed
related
$15,000,000 · Sunwest Bk/el Paso
May 5, 2006
$10,260,000
Lba Realty Fund II-wbp II LLC
Bedford Property Investors INC
Grant Deed
—
Sep 9, 2005
—
Bedford Property Investors INC
—
Deed Of Trust
related
$150,000,000 · Bank Of America
Jan 12, 1998
—
Bedford Property Investors INC
Icmpi(scottdale) INC
Grant Deed
related
—
Jul 31, 1996
$916,285
Icmpi INC
Collin Equities INC
Grant Deed
—
Aug 10, 1993
$5,280,000
Collin Equities INC
Kl Westech Assoc
Grant Deed
related
—
—
—
Lba Realty Fund II-wbp II LLC
—
Deed Of Trust
related
$169,000,000 · Variable Annuity Life Ins Co
—
—
Lba Realty Fund Hl-wbp I LLC
—
Loan Modification
related
$15,000,000 · Sunwest Bk
—
—
Lba Realty Fund II-wbp II LLC
—
Loan Modification
related
$15,000,000 · Sunwest Bk/el Paso
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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