Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,065,000
Outlet malls
4750 16th St Phoenix, AZ 85016-4604
Entity Owned
15-yr Hold
Free & Clear
Property ID
US07-2326483
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1954
Construction
CONCRETE
Total area
24,566 SF
Lot
0.94 ac (40,913 SF)
Zoning code
C-2
APN
155-01-042A
UPID
US07-2326483
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
-
Central Arizona Supply Plumbing Service Building Supply
-
Factory Motor Parts Distribution Center Logistics Company
-
FMP PHOENIX #85 Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.23M
Blend (final)
Blend
$4.07M
Owner & transaction history
Smith Phoenix Properties LLC · 15 yrs held
Smith Phoenix Properties LLC
since 2011
7 recorded transactions
Zoning & alternative use
C-2 · 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
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
$6,520,000
Change: -4% · Conversion: Difficult
OFFICE BUILDING
$6,385,000
Change: -6% · Conversion: Easy
WAREHOUSE, STORAGE
$6,375,000
Change: -6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,255,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$4.07M
Range $3.66M – $4.47M · ±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
$165 / 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
$26,096
Tax year 2023
Assessed value
$536,423
Assessed 2024
Previous assessed
$471,716
+13.7% YoY
Effective rate
4.86%
On assessed value
Land market value
$2,427,100
Improvement market value
$823,947
Total market value
$3,251,047
Applied tax rate
381,300.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1954
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
24,566 SF
Lot
0.94 ac (40,913 SF)
Zoning code
C-2
APN
155-01-042A
UPID
US07-2326483
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
Est. value
$6.5M
OFFICE BUILDING
Est. value
$6.4M
WAREHOUSE, STORAGE
Est. value
$6.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.3M
MEDICAL BUILDING
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
1954
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Smith Phoenix Properties LLC
Entity
Free & Clear · 15 yrs held
Mailing address
208 S COUNTRY CLB DR, MESA, AZ 85210-1248
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2011
$1,500,000
Smith Phoenix Properties LLC
Gambler Hoss & Molly LLC
Grant Deed
—
Jan 15, 2008
$91,500
Gambler Hoss & Molly LLC
Pfi Lc
Warranty Deed
—
Dec 13, 2007
$54,900
Gambler Hoss & Molly LLC
Zemer 16th Street LLC
Warranty Deed
—
Oct 1, 2007
$91,500
Gambler Hoss & Molly LLC
Jarvis,patricia F
Warranty Deed
—
Sep 26, 2007
$54,900
Gambler Hoss & Molly LLC
Call,david L & Jane C
Warranty Deed
—
Nov 22, 2006
—
Zemer 16th Street LLC
Zemer,james C & Rachel S
Quit Claim Deed
related
—
Oct 20, 2005
—
Gambler Hoss & Molly LLC
Regester Family Trust
Warranty 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.
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 4750 16th 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.
