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Property profile & analytics
FOR LEASE
Retail space
52 E Baseline Rd Phoenix, AZ 85042
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US07-1159197
For Lease
1 / 2
Contact for pricing
52 E Baseline Rd, Phoenix, AZ 85042
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Construction
CONCRETE
Total area
5,673 SF
Lot
0.55 ac (23,784 SF)
Zoning code
C-C
APN
114-16-003S
UPID
US07-1159197
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
-
Social Security Disability Advocates Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.87M
Blend (final)
Blend
$1.86M
Owner & transaction history
Baseline East LLC · 7 yrs held
Baseline East LLC
since 2019
7 recorded transactions
Zoning & alternative use
C-C · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Public/Zoning (MapServer)
Top alternative use upside
Restaurant
$3.0M
+79.2%
Auto repair, garage
$2.4M
+41.8%
Office building
$1.7M
+0.7%
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
RETAIL STORES
$1,690,000
Current use
RESTAURANT
$3,030,000
Change: +79% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,395,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$1,700,000
Change: +1% · Conversion: Easy
MEDICAL BUILDING
$1,505,000
Change: -11% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,470,000
Change: -13% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,445,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$1.86M
Range $1.67M – $2.04M · ±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
$327 / 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
$19,685
Tax year 2023
Assessed value
$196,202
Assessed 2024
Previous assessed
$170,340
+15.2% YoY
Effective rate
10.03%
On assessed value
Land market value
$543,100
Improvement market value
$646,003
Total market value
$1,189,103
Applied tax rate
661,300.0000
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
1989
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
5,673 SF
Lot
0.55 ac (23,784 SF)
Zoning code
C-C
APN
114-16-003S
UPID
US07-1159197
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Phoenix, AZZoning C-C · permitted uses
C-C · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Public/Zoning (MapServer)
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.7M
RESTAURANT
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.4M
OFFICE BUILDING
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1989
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Baseline East LLC
Entity
Mailing address
2116 E MADISON ST, DENVER, CO 80210
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2021
—
Baseline East LLC
—
Deed
related
$1,000,000 · Bank Of The West
Jul 26, 2019
$1,550,000
Baseline East LLC
52 E Baseline LLC
Special Warranty Deed
$1,085,000 · Independent Bank
Feb 20, 2018
—
E Baseline LLC
—
Deed
related
$627,448 · Umb Bank NA
Dec 21, 2016
—
52 E Baseline LLC
—
Deed
related
$618,000 · Private Individual
Dec 30, 2014
$570,000
52 E Baseline LLC
Realty Income Corp
Grant Deed
$346,500 · Akahi Palm LLC
Jun 27, 1994
—
S L H C Holdings INC
St Lawrence Hold
Grant Deed
related
—
Apr 29, 1994
$2,715,000
Slhc Holdings INC
St Lawrence Hold
Grant Deed
related
—
—
—
52 E Baseline LLC
—
Deed Of Trust
related
$535,000 · Biltmore Bk/az
—
—
52 E Baseline LLC
—
Deed Of Trust
related
$618,000 · Private Individual
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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