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Property profile & analytics
FOR LEASE
Industrial properties
4857 W Van Buren St Phoenix, AZ 85043
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-0350044
For Lease
1 / 2
$22 SF/Yr
4857 W Van Buren St, Phoenix, AZ 85043
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1987
Construction
CONCRETE
Total area
19,056 SF
Lot
1.16 ac (50,432 SF)
Zoning code
A-1
APN
104-02-028
UPID
US07-0350044
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
-
LMI Solutions Industrial Manufacturer Production Facility
-
H&T Wholesale Flowers Big Box & Wholesale Store
-
Phoenix Group Metals - An International Catalytic Converter Processor Recycling Center Waste Management Facility
-
Empower Recovery Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.76M
Blend (final)
Blend
$4.74M
Owner & transaction history
Ht Investment Group LLC · 5 yrs held
Ht Investment Group LLC
since 2021
7 recorded transactions
Zoning & alternative use
A-1 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$6.2M
+49.0%
Office building
$5.7M
+36.4%
Retail stores
$5.7M
+35.5%
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 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
INDUSTRIAL (GENERAL)
$4,190,000
Current use
WAREHOUSE, STORAGE
$6,245,000
Change: +49% · Conversion: Easy
OFFICE BUILDING
$5,720,000
Change: +36% · Conversion: Difficult
RETAIL STORES
$5,680,000
Change: +35% · Conversion: Moderate
MEDICAL BUILDING
$5,060,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$4.74M
Range $4.26M – $5.21M · ±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
$248 / 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
$30,495
Tax year 2023
Assessed value
$404,960
Assessed 2024
Previous assessed
$350,948
+15.4% YoY
Effective rate
7.53%
On assessed value
Land market value
$342,900
Improvement market value
$2,111,400
Total market value
$2,454,300
Applied tax rate
21,300.0000
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
For Lease
Year built
1987
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
19,056 SF
Lot
1.16 ac (50,432 SF)
Zoning code
A-1
APN
104-02-028
UPID
US07-0350044
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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.2M
WAREHOUSE, STORAGE
Est. value
$6.2M
OFFICE BUILDING
Est. value
$5.7M
RETAIL STORES
Est. value
$5.7M
MEDICAL BUILDING
Est. value
$5.1M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
OFFICE BUILDING
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
1987
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.16 ac
Current owner
From public records · entity-resolved
Ht Investment Group LLC
Entity
Mailing address
8746 W KINGS AVE, PEORIA, AZ 85382-3510
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2024
—
Ht Investment Group LLC
—
Deed
related
$1,993,750 · Desert Financial Cu
Aug 30, 2023
—
Ht Investment Group LLC An Arizona
—
Deed
related
$2,409,800 · Enterprise Bank & Trust
Apr 27, 2021
—
Ht Investment Group LLC
H & T Wholesale Flowers INC
Special Warranty Deed
$1,523,400 · Enterprise Bank & Trust
Nov 4, 2020
$1,800,000
H&t Wholesale Flowers INC
Mkal Properties LLC
Special Warranty Deed
$1,440,000 · Mkal Properties LLC
Oct 30, 2018
—
Mkal Properties LLC
—
Grant Deed
related
$6,560,000 · Western Alliance Bk
May 13, 2013
—
Mkal Properties LLC
—
Deed Of Trust
related
$1,112,000 · Comerica Bank
Jan 24, 2001
$758,330
Mkal Properties LLC
Sdm Partnership
Grant Deed
—
Mar 28, 1991
—
S D M Partnershi
—
Deed Of Trust
related
—
Nov 9, 1990
—
Valley National
Massman
Grant Deed
related
—
Sep 7, 1990
—
Fin Romar
Jackson Living T
Grant Deed
related
—
Aug 2, 1989
$1,000
Boys Clu
—
Trustees Deed
related
—
—
—
Mkal Properties LLC
—
Deed Of Trust
related
$850,000 · Compass Bank
—
—
Mkal Properties LLC
—
Deed Of Trust
related
$1,162,500 · Compass Bank
—
—
Mkal Properties LLC
—
Deed Of Trust
related
$850,000 · Compass Bank
—
—
Mkal Properties LLC
—
Deed Of Trust
related
$1,112,000 · Comerica Bank
—
—
Mkal Properties LLC
—
Deed Of Trust
related
$750,000 · Compass Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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