New search
Property profile & analytics
FOR LEASE
Retail space
4949 E Warner Rd, Phoenix, AZ 85044
Entity Owned
8-yr Hold
Free & Clear
Property ID
US07-0398784
For Lease
1 / 2
$1,255,000
4949 E Warner Rd, Phoenix, AZ 85044
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2017
Construction
STEEL FRAME
Total area
2,299 SF
Lot
0.98 ac (42,828 SF)
Zoning code
C-1
APN
301-59-008W
UPID
US07-0398784
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
-
Starbucks Cafe & Coffee Shop
-
Ahwatukee Palms Plaza Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.26M
Owner & transaction history
R & Tsp-phoenix LLC · 8 yrs held
R & Tsp-phoenix LLC
since 2017
7 recorded transactions
Zoning & alternative use
C-1 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.6M
+133.7%
Auto repair, garage
$970,000
+41.8%
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
COMMERCIAL (GENERAL)
$1,600,000
Change: +134% · Conversion: Easy
AUTO REPAIR, GARAGE
$970,000
Change: +42% · Conversion: Difficult
Blend value · Realmo final
$1.26M
Range $1.13M – $1.38M · ±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
$546 / 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
$18,384
Tax year 2023
Assessed value
$318,283
Assessed 2024
Previous assessed
$279,803
+13.8% YoY
Effective rate
5.78%
On assessed value
Land market value
$1,278,000
Improvement market value
$650,987
Total market value
$1,928,987
Applied tax rate
281,300.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2017
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Total area
2,299 SF
Lot
0.98 ac (42,828 SF)
Zoning code
C-1
APN
301-59-008W
UPID
US07-0398784
Jurisdiction
MARICOPA
Zoning & alternative use
C-1 · Phoenix, AZ
Zoning C-1 · permitted uses
C-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
COMMERCIAL (GENERAL)
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$970,000
COMMERCIAL (GENERAL)
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
2017
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
R & Tsp-phoenix LLC
Entity
Free & Clear · 8 yrs held
Mailing address
218 MAIN ST #425, KIRKLAND, WA 98033-6108
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2017
$2,800,000
R & Tsp-phoenix LLC
Middlefork Invs LLC
Grant Deed
—
Mar 24, 2017
—
Middlefork Investments LLC
—
Trustees Deed
related
$1,659,000 · Firstbank
Apr 25, 2016
—
Nelson Of Hall 1990 Family Trust
Nelson Of Hall 1990 Trust
Quit Claim Deed
related
—
Apr 25, 2016
$850,000
Middlefork Invs LLC
Hall,karyl M Trustee T
Warranty Deed
$375,000 · Jeremy S Alexander
Mar 2, 2007
—
Nelson Of Hall Family 1990 Trust
Nelson,fred A
Quit Claim Deed
related
—
Mar 5, 2003
$17,000,000
Hirani Enterprises LLC
Rollingwood Investment Co
Grant Deed
—
Jul 6, 2001
$880,000
Fred A Nelson
Rudick Properties INC
Grant Deed
—
Aug 24, 1998
$285,000
Rudick Properties LLC
Farran,howard E
Grant Deed
$200,000 · Rocky Mountain Bank
Nov 22, 1993
$275,000
Howard E Farran
Southwestern Bel
Grant Deed
$711,000 · The Money Store Investment
Aug 12, 1993
$141,375
Howard E Farran
Rtc
Grant Deed
—
Jun 22, 1989
$331,550
Southwestern Bel
—
Deed Of Trust
related
—
Sep 1, 1987
—
Ahwatukee Mercad
—
Deed Of Trust
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?”
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.
