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Property profile & analytics
OFF-MARKET
Estimated value
$15,890,000
Grocery and convenience stores
5035 Baseline Rd Laveen, AZ 85339-7310
Trust Owned
8-yr Hold
Free & Clear
Property ID
US07-0808328
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2008
Construction
CONCRETE
Total area
55,320 SF
Lot
6.27 ac (272,986 SF)
Zoning code
C-2
APN
300-12-910
UPID
US07-0808328
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
$16.06M
Blend (final)
Blend
$15.89M
Owner & transaction history
Bypass,pace Trust · 8 yrs held
Bypass,pace Trust
since 2018
4 recorded transactions
Zoning & alternative use
C-2 · Laveen, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$24.6M
+32.0%
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 Laveen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laveen 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
RETAIL STORES
$18,610,000
Current use
AUTO REPAIR, GARAGE
$24,565,000
Change: +32% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$17,470,000
Change: -6% · Conversion: Moderate
Blend value · Realmo final
$15.89M
Range $14.30M – $17.48M · ±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
$287 / 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
$232,556
Tax year 2023
Assessed value
$1,674,206
Assessed 2024
Previous assessed
$1,426,742
+17.3% YoY
Effective rate
13.89%
On assessed value
Land market value
$2,775,000
Improvement market value
$7,371,700
Total market value
$10,146,700
Applied tax rate
591,300.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2008
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
55,320 SF
Lot
6.27 ac (272,986 SF)
Zoning code
C-2
APN
300-12-910
UPID
US07-0808328
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Laveen, AZZoning C-2 · permitted uses
C-2 · Laveen, 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
RETAIL STORES Current
Est. value
$18.6M
AUTO REPAIR, GARAGE
Est. value
$24.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$17.5M
RETAIL STORES Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2008
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
6.27 ac
Current owner
From public records · entity-resolved
Bypass,pace Trust
Trust
Free & Clear · 8 yrs held
Mailing address
PO BOX 800729, DALLAS, TX 75380-0729
Ownership since
2018
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
Sep 12, 2018
—
Pace Trust
—
Deed
related
$4,808,686 · Bypass Pace Trust (pt)
Jun 21, 2018
$800,000
Bypass,pace Trust
Cf Albert Propco LLC
Grant Deed
—
Nov 3, 2017
$7,651,727
Cf Albert Propco LLC
Randall Food & Drugs LP
Grant Deed
$405,000,000 · Royal Bk/canada
—
—
Pace Trust
—
Deed Of Trust
related
$4,808,686 · Bypass Pace Trust (pt)
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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