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Property profile & analytics
OFF-MARKET
Estimated value
$1,345,000
Strip malls
4850 Litchfield Rd, Litchfield Park, AZ 85340-4327
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US07-0606178
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
STEEL FRAME
Total area
4,620 SF
Lot
0.49 ac (21,547 SF)
Zoning code
NC
APN
501-68-924
UPID
US07-0606178
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
-
Bell Fitness Gym & Fitness Center
-
Little Sunbeams Preschool Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.35M
Owner & transaction history
Xanten Properties Arizona LLC · 20 yrs held
Xanten Properties Arizona LLC
since 2006
7 recorded transactions
Zoning & alternative use
NC · Litchfield Park, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.1M
+40.6%
Retail stores
$1.6M
+6.5%
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 Litchfield Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Litchfield Park 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
NEIGHBORHOOD: SHOPPING CENTER
$1,460,000
Current use
AUTO REPAIR, GARAGE
$2,050,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$1,555,000
Change: +7% · Conversion: Easy
MEDICAL BUILDING
$1,175,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.35M
Range $1.21M – $1.48M · ±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
$291 / 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
$9,460
Tax year 2023
Assessed value
$152,592
Assessed 2024
Previous assessed
$154,921
-1.5% YoY
Effective rate
6.20%
On assessed value
Land market value
$264,000
Improvement market value
$660,800
Total market value
$924,800
Applied tax rate
792,300.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Total area
4,620 SF
Lot
0.49 ac (21,547 SF)
Zoning code
NC
APN
501-68-924
UPID
US07-0606178
Jurisdiction
MARICOPA
Zoning & alternative use
NC · Litchfield Park, AZ
Zoning NC · permitted uses
NC · Litchfield Park, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Litchfield Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RETAIL STORES
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
2005
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Xanten Properties Arizona LLC
Entity
Mailing address
PO BOX 1591, MONTEREY, CA 93942-1591
Ownership since
2006
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
Jan 17, 2020
—
Xanten Properties Arizona LLC
—
Deed
related
$1,000,000 · Miscellaneous Ins Co
Apr 5, 2006
$3,885,517
Xanten Properties Arizona LLC
Camelback Litchfield Retail Sh
Grant Deed
$1,300,000 · Sonoma National Bank
Apr 5, 2006
$200,000
Xanten Properties Arizona LLC
Tucker,dona A
Grant Deed
—
Apr 5, 2006
$225,000
Xanten Properties Arizona LLC
Great Pacific Bear Trust
Grant Deed
—
Apr 5, 2006
$120,000
Xanten Properties Arizona LLC
Kinsora,thomas
Grant Deed
—
Apr 5, 2006
—
Great Pacific Bear Trust
Camelback Litchfield Retail Sh
Grant Deed
related
—
—
—
Xanten Properties Arizona LLC
—
Deed Of Trust
related
$1,000,000 · Miscellaneous Ins Co
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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