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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Warehouses
5028 Hwy 260 Lakeside, AZ 85929
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US07-0516466
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1980
Total area
4,880 SF
Lot
1.57 ac (68,389 SF)
Zoning code
C-R
APN
212-07-033C
UPID
US07-0516466
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
$575k
Blend (final)
Blend
$590k
Owner & transaction history
Alpine Storage LLC · 9 yrs held
Alpine Storage LLC
since 2017
3 recorded transactions
Zoning & alternative use
C-R · Lakeside, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$780,000
+92.3%
Office building
$660,000
+62.3%
Auto repair, garage
$605,000
+49.4%
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 Lakeside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakeside 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
WAREHOUSE, STORAGE
$405,000
Current use
COMMERCIAL (GENERAL)
$780,000
Change: +92% · Conversion: Difficult
OFFICE BUILDING
$660,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$605,000
Change: +49% · Conversion: Easy
RETAIL STORES
$475,000
Change: +17% · Conversion: Moderate
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$121 / 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
$7,181
Tax year 2023
Assessed value
$105,767
Assessed 2025
Previous assessed
$94,700
+11.7% YoY
Effective rate
6.79%
On assessed value
Assessed land
$19,288
Assessed improvement
$86,479
Land market value
$107,157
Improvement market value
$480,440
Total market value
$587,597
Applied tax rate
3,293.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1980
Heating
SPACE
Buildings
5
Stories
1
Total area
4,880 SF
Lot
1.57 ac (68,389 SF)
Zoning code
C-R
APN
212-07-033C
UPID
US07-0516466
Jurisdiction
NAVAJO
Zoning & alternative use
C-R · Lakeside, AZZoning C-R · permitted uses
C-R · Lakeside, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$405,000
COMMERCIAL (GENERAL)
Est. value
$780,000
OFFICE BUILDING
Est. value
$660,000
AUTO REPAIR, GARAGE
Est. value
$605,000
RETAIL STORES
Est. value
$475,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1980
Heating
SPACE
Stories
1
Buildings
5
Lot
1.57 ac
Current owner
From public records · entity-resolved
Alpine Storage LLC
Entity
Mailing address
2112 N VIS DEL SOL, MESA, AZ 85207-2141
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2022
—
Alpine Storage
—
Deed
related
$7,114 · Pinetop Lakeside Sanitary District
Jun 30, 2017
$760,000
Alpine Storage LLC
Paint Pony Ents
Grant Deed
$380,000 · Paint Pony Ents LLP
Feb 1, 1999
$650,000
Paint Pony Enterprises
Peddie Trust
Grant Deed
$450,000 · Seller
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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