Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Flex space
490 Litchfield Rd Goodyear, AZ 85338
Individually Owned
16-yr Hold
Free & Clear
Property ID
US07-0612730
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1967
Construction
CONCRETE
Total area
20,662 SF
Lot
2.81 ac (122,404 SF)
Zoning code
I-1
APN
500-04-015L
UPID
US07-0612730
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.82M
Blend (final)
Blend
$670k
Owner & transaction history
International Ch Of Foursquare Go · 16 yrs held
International Ch Of Foursquare Go
since 2010
4 recorded transactions
Zoning & alternative use
I-1 · Goodyear, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of I-1 zone is to promote and protect light manufacturing, warehouses and research and development industries, to cluster such industries into attractive planned industrial parks, to minimize incompatibility of industrial uses with adjacent land uses and provide sufficient space in appropriate locations to businesses and manufacturing firms free…
Zone name
Light Industrial Park
General category
INDUSTRIAL
Zone area
1,948.64 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$9.2M
+134.3%
Retail stores
$7.0M
+77.5%
Neighborhood: shopping center
$6.5M
+66.7%
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 Goodyear submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goodyear 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)
$3,915,000
Current use
AUTO REPAIR, GARAGE
$9,175,000
Change: +134% · Conversion: Easy
RETAIL STORES
$6,950,000
Change: +78% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$6,525,000
Change: +67% · Conversion: Difficult
OFFICE BUILDING
$5,450,000
Change: +39% · Conversion: Difficult
MEDICAL BUILDING
$5,260,000
Change: +34% · Conversion: Difficult
Blend value · Realmo final
$670k
Range $603k – $737k · ±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
$32 / 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
$14,738
Tax year 2022
Assessed value
$396,915
Assessed 2024
Previous assessed
$310,815
+27.7% YoY
Effective rate
3.71%
On assessed value
Land market value
$1,178,200
Improvement market value
$1,467,900
Total market value
$2,646,100
Applied tax rate
440,800.0000
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
Off-Market
Year built
1967
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
20,662 SF
Lot
2.81 ac (122,404 SF)
Zoning code
I-1
APN
500-04-015L
UPID
US07-0612730
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Goodyear, AZZoning I-1 · permitted uses
I-1 · Goodyear, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of I-1 zone is to promote and protect light manufacturing, warehouses and research and development industries, to cluster such industries into attractive planned industrial parks, to minimize incompatibility of industrial uses with adjacent land uses and provide sufficient space in appropriate locations to businesses and manufacturing firms free from offensive land uses in modern, landscaped buildings and surroundings
Zone name
Light Industrial Park
General category
INDUSTRIAL
Zone area
1,948.64 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$9.2M
RETAIL STORES
Est. value
$7.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.5M
OFFICE BUILDING
Est. value
$5.5M
MEDICAL BUILDING
Est. value
$5.3M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1967
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
2.81 ac
Current owner
From public records · entity-resolved
International Ch Of Foursquare Go
Individual
Free & Clear · 16 yrs held
Mailing address
PO BOX 7438, GOODYEAR, AZ 85338-0641
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2013
—
International Ch Of Foursquare Go
—
Trustees Deed
related
$755,000 · Foursquare Financial Solutions
Aug 11, 2010
$650,000
International Ch Of Foursquare Go
Adapto INC
Grant Deed
—
Mar 29, 2007
—
Adapto INC
Adapto INC
Warranty Deed
related
$1,275,000 · Lehman Brothers Bank Fsb
May 25, 1993
$500,000
Socor INC
Steeneck
Grant Deed
$500,000 · Seller Carry Back
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 490 Litchfield Rd?
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.
