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Property profile & analytics
OFF-MARKET
Estimated value
$19,190,000
Industrial properties
5150 48th St, Phoenix, AZ 85040-8875
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-0125760
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
2001
Construction
CONCRETE
Total area
79,894 SF
Lot
4.92 ac (214,402 SF)
Zoning code
CP/GCP
APN
123-05-001V
UPID
US07-0125760
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
$22.69M
Blend (final)
Blend
$19.19M
Owner & transaction history
Mdc Mancal 5150 48th Jv LP · 3 yrs held
Mdc Mancal 5150 48th Jv LP
since 2022
Last sale
$17.0M
7 recorded transactions
Zoning & alternative use
CP/GCP · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$23.8M
+21.3%
Warehouse, storage
$21.5M
+9.6%
Medical building
$21.2M
+8.0%
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 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
$17,525,000
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)
$19,630,000
Current use
RETAIL STORES
$23,805,000
Change: +21% · Conversion: Moderate
WAREHOUSE, STORAGE
$21,515,000
Change: +10% · Conversion: Easy
MEDICAL BUILDING
$21,205,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$19.19M
Range $17.27M – $21.11M · ±10% · vs last sale $17.00M (Aug 29 2022)
Last sale anchor
$17.00M
Aug 29 2022
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
$240 / 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
$110,531
Tax year 2023
Assessed value
$2,261,573
Assessed 2024
Previous assessed
$1,699,711
+33.1% YoY
Effective rate
4.89%
On assessed value
Land market value
$2,564,700
Improvement market value
$11,141,800
Total market value
$13,706,500
Applied tax rate
31,300.0000
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
2001
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
79,894 SF
Lot
4.92 ac (214,402 SF)
Zoning code
CP/GCP
APN
123-05-001V
UPID
US07-0125760
Jurisdiction
MARICOPA
Zoning & alternative use
CP/GCP · Phoenix, AZ
Zoning CP/GCP · permitted uses
CP/GCP · 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
INDUSTRIAL (GENERAL) Current
Est. value
$19.6M
RETAIL STORES
Est. value
$23.8M
WAREHOUSE, STORAGE
Est. value
$21.5M
MEDICAL BUILDING
Est. value
$21.2M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
WAREHOUSE, STORAGE
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
2001
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
4.92 ac
Current owner
From public records · entity-resolved
Mdc Mancal 5150 48th Jv LP
Entity
Mailing address
101 UNIVERSITY BLVD STE #330, DENVER, CO 80206-4621
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2022
$17,000,000
Mdc Mancal 5150 48th Jv LP
Lawrence E Twomey
Special Warranty Deed
$10,615,000 · Life Insurance Company Of The South
Jan 6, 2020
—
David T Balfour
Elita H Balfour
Quit Claim Deed
related
$2,320,000 · Desert Fin'l FCU
Jan 6, 2020
$11,550,000
Lawrence E Twomey
Robert Wells Family Partnership
Special Warranty Deed
—
Feb 21, 2013
$9,000,000
Robert Wells Family Ptshp
Jfbb Ents INC
Grant Deed
—
Oct 19, 2012
$6,031,000
Jfbb Ents INC
Town Lake Ents LLC
Warranty Deed
—
Jul 31, 2007
$10,600,000
Town Lake Enterprises LLC
Roeser Industrial Capital LLC
Grant Deed
—
Jun 3, 2002
—
Arizona Board Of Regents
Arizona State
Quit Claim Deed
related
—
Oct 1, 2001
—
Maricopa County (az)
Salt River Project Agricultura
Quit Claim Deed
related
—
Sep 28, 2001
—
Willaim P Schrader
Salt River Project Agricultura
Quit Claim Deed
related
—
Sep 19, 2000
$1,982,460
Roeser Industrial Capital LLC
Denali National Trust INC
Grant Deed
related
$4,175,000 · Firstar Bank Midwest NA
Jun 5, 1998
$1,089,000
Denali National Trust INC
Hopper,dennis D
Grant Deed
—
Mar 26, 1998
—
Dennis D Hopper
Triad Investment Co
Grant Deed
related
—
—
—
Jfbb Ents INC
—
Deed Of Trust
related
$5,500,000 · Bankers Trust Co
—
—
Palatial Developments LLC
—
Deed Of Trust
related
$6,300,000 · Genworth Life & Annuity Ins Co
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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