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Property profile & analytics
FOR SALE
Hotels
4929 W Mcdowell Rd Phoenix, AZ 85035
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US07-3146612
For Sale
1 / 16
$8,200,000
4929 W Mcdowell Rd, Phoenix, AZ 85035
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2006
Construction
CONCRETE
Total area
37,074 SF
Lot
2 ac (87,111 SF)
Zoning code
I-P
APN
103-31-027
UPID
US07-3146612
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
-
La Quinta Inn & Suites by Wyndham Phoenix I-10 West Hotel & Motel
-
LSS Enterprises LLC Hotel & Motel Resort
-
Contofalsky Company Hardware & Home Improvement Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.20M
Blend (final)
Blend
$12.91M
Owner & transaction history
Pride Hospitality INC · 16 yrs held
Pride Hospitality INC
since 2009
7 recorded transactions
Zoning & alternative use
I-P · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$19.8M
+2.5%
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
HOTEL/MOTEL
$19,310,000
Current use
RESTAURANT
$19,800,000
Change: +3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$15,665,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$12.91M
Range $11.61M – $14.20M · ±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
$348 / 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
$107,965
Tax year 2023
Assessed value
$1,019,800
Assessed 2024
Previous assessed
$895,696
+13.9% YoY
Effective rate
10.59%
On assessed value
Land market value
$697,200
Improvement market value
$5,483,403
Total market value
$6,180,603
Applied tax rate
51,300.0000
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
Hotels
Use group
HOTEL
Status
For Sale
Year built
2006
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
3
Total area
37,074 SF
Lot
2 ac (87,111 SF)
Zoning code
I-P
APN
103-31-027
UPID
US07-3146612
Jurisdiction
MARICOPA
Zoning & alternative use
I-P · Phoenix, AZ
Zoning I-P · permitted uses
I-P · 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
HOTEL/MOTEL Current
Est. value
$19.3M
RESTAURANT
Est. value
$19.8M
AUTO REPAIR, GARAGE
Est. value
$15.7M
HOTEL/MOTEL Current
RESTAURANT
AUTO REPAIR, GARAGE
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
2006
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
3
Lot
2 ac
Current owner
From public records · entity-resolved
Pride Hospitality INC
Entity
Mailing address
5240 S SUNLAND GIN RD, ELOY, AZ 85131
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2017
—
Pride Hospitality INC
—
Deed
related
$4,700,000 · Western State Bank
Dec 4, 2009
$4,480,000
Pride Hospitality INC
Ups Capital Business Credit
Special Warranty Deed
$4,400,000 · Ups Capital Business Credit
Nov 5, 2009
$2,000,000
Ups Cap Bus Cr
Baron Carol M
Trustees Deed
related
—
Jun 8, 2007
$6,900,000
Bsd Ventures LLC
Vishal LLC
Warranty Deed
$3,920,000 · Millennium State Bank Of Texas
Dec 12, 2006
—
Vishal LLC
—
Trustees Deed
related
$3,930,267 · Western Commerce Bank
Sep 18, 2006
—
Vishal LLC
—
Trustees Deed
related
$343,000 · Western Commerce Bank
Nov 22, 2004
—
Vishal LLC
Vr LLC
Quit Claim Deed
related
—
Apr 5, 2004
$375,000
V R LLC
Mc Dowell LLC
Grant Deed
—
Mar 16, 2004
—
Kuber Investment Co
Holualoa 51st Ave Phoenix LLC
Grant Deed
related
—
Jul 29, 1998
—
Mcdowell LLC
Kuber,navin L Y Poorni N
Quit Claim Deed
related
—
—
—
Bsd Ventures LLC
—
Deed Of Trust
related
$150,000 · Business Development Finance
—
—
Vishal LLC
—
Deed Of Trust
related
$1,036,000 · Business Development Finance
—
—
Vishal LLC
—
Deed Of Trust
related
$2,962,267 · Western Commerce 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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