Back to Search
Property profile & analytics
FOR LEASE
Distribution centers
5302 W Buckeye Rd Phoenix, AZ 85043
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-0904373
For Lease
1 / 2
$35,250,000
5302 W Buckeye Rd, Phoenix, AZ 85043
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1990
Construction
CONCRETE
Total area
132,720 SF
Lot
11.38 ac (495,887 SF)
Zoning code
A-1
APN
104-20-002D
UPID
US07-0904373
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
-
Interwest Safety Supply Building Supply General Contractor
-
Arrowhead Bottled Water Delivery Phoenix Big Box & Wholesale Store
-
Royal Paper Buckeye Warehouse Distribution Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$35.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$35.25M
Owner & transaction history
B10 Swv Phx II Owner LLC · 2 yrs held
B10 Swv Phx II Owner LLC
since 2024
Last sale
$35.3M
7 recorded transactions
Zoning & alternative use
A-1 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$56.1M
+28.9%
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
$35,250,000
ML approach
$35,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$43,505,000
Current use
AUTO REPAIR, GARAGE
$56,080,000
Change: +29% · Conversion: Easy
OFFICE BUILDING
$39,830,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$39,550,000
Change: -9% · Conversion: Moderate
MEDICAL BUILDING
$35,230,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$35.25M
Range $31.73M – $38.78M · ±10% · vs last sale $35.25M (Apr 2 2024)
Last sale anchor
$35.25M
Apr 2 2024
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
$266 / 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
$200,239
Tax year 2023
Assessed value
$3,958,680
Assessed 2024
Previous assessed
$3,958,680
+0.0% YoY
Effective rate
5.06%
On assessed value
Land market value
$2,924,700
Improvement market value
$21,067,300
Total market value
$23,992,000
Applied tax rate
21,300.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
1990
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
132,720 SF
Lot
11.38 ac (495,887 SF)
Zoning code
A-1
APN
104-20-002D
UPID
US07-0904373
Jurisdiction
MARICOPA
Zoning & alternative use
A-1 · Phoenix, AZ
Zoning A-1 · permitted uses
A-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
WAREHOUSE, STORAGE Current
Est. value
$43.5M
AUTO REPAIR, GARAGE
Est. value
$56.1M
OFFICE BUILDING
Est. value
$39.8M
RETAIL STORES
Est. value
$39.6M
MEDICAL BUILDING
Est. value
$35.2M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1990
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
11.38 ac
Current owner
From public records · entity-resolved
B10 Swv Phx II Owner LLC
Entity
Mailing address
PO BOX A3879, CHICAGO, IL 60690-3879
Ownership since
2024
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
Jan 31, 2025
—
B10 Swv Phx II Owner LLC
—
Deed
related
—
Apr 2, 2024
$35,250,000
B10 Swv Phx II Owner LLC
Maricopa Owner LLC
Special Warranty Deed
—
Apr 13, 2021
$27,400,000
Maricopa Owner LLC
Columbia Arizona 51st Industrial Ll
Special Warranty Deed
—
Aug 22, 2014
—
Columbia Arizona 51st Indl Ll
B-v Freeport Distribution Cent
Quit Claim Deed
related
—
Aug 22, 2014
$12,170,000
Columbia Arizona 51st Indl
Bv Distribution Center LLC
Grant Deed
—
Dec 15, 2011
—
B-v Freeport Distribution Cent
—
Deed Of Trust
related
$107,875,000 · Wells Fargo Bank
Jun 30, 2011
$6,575,556
B-v Freeport Distribution Cent
Deseret Mutual Empl Pp Of Trust
Grant Deed
—
Mar 11, 1993
$3,834,000
A3,pension Trust
New England Mutu
Grant Deed
—
Sep 21, 1987
—
Cmdc Part Copley
—
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.
