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Property profile & analytics
OFF-MARKET
Estimated value
$9,500,000
Motels
55 Litchfield Rd, Goodyear, AZ 85338-1283
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-3309652
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1964
Construction
CONCRETE
Total area
13,064 SF
Lot
2.74 ac (119,354 SF)
Zoning code
C-G
APN
500-08-001D
UPID
US07-3309652
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
-
Best Western Phoenix Goodyear Inn Hotel & Motel
-
Playmakers Sports Bar And Grill Bar & Pub
-
lizanatay, inc Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.50M
Blend (final)
Blend
$9.50M
Owner & transaction history
Galaxy Hotels INC · 1 yrs held
Galaxy Hotels INC
since 2024
Last sale
$9.5M
7 recorded transactions
Zoning & alternative use
C-G · Goodyear, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$10.5M
+101.6%
Restaurant
$7.5M
+43.2%
Auto repair, garage
$5.8M
+11.6%
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 Goodyear submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goodyear 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
$9,500,000
ML approach
$9,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$10,485,000
Change: +102% · Conversion: Difficult
RESTAURANT
$7,450,000
Change: +43% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,800,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$9.50M
Range $8.55M – $10.45M · ±10% · vs last sale $9.50M (Aug 23 2024)
Last sale anchor
$9.50M
Aug 23 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
$727 / 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
$44,399
Tax year 2023
Assessed value
$1,174,831
Assessed 2024
Previous assessed
$1,020,000
+15.2% YoY
Effective rate
3.78%
On assessed value
Land market value
$1,159,900
Improvement market value
$5,960,287
Total market value
$7,120,187
Applied tax rate
440,800.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1964
Construction
CONCRETE
Heating
HOT WATER
Cooling
REFRIGERATOR
Buildings
8
Stories
2
Units
6
Total area
13,064 SF
Lot
2.74 ac (119,354 SF)
Zoning code
C-G
APN
500-08-001D
UPID
US07-3309652
Jurisdiction
MARICOPA
Zoning & alternative use
C-G · Goodyear, AZ
Zoning C-G · permitted uses
C-G · Goodyear, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Goodyear. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$10.5M
RESTAURANT
Est. value
$7.5M
AUTO REPAIR, GARAGE
Est. value
$5.8M
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
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
1964
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
8
Units
6
Lot
2.74 ac
Current owner
From public records · entity-resolved
Galaxy Hotels INC
Entity
Mailing address
2350 W SUNNY PT ST, THOUSAND OAKS, CA 91362-1143
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2024
$9,500,000
Galaxy Hotels INC
Cl Hospitality LLC
Special Warranty Deed
$4,750,000 · East West Bank
Aug 23, 2024
—
Galaxy Hotels INC
—
Deed
related
$3,403,000 · The Mortgage Capital Development Corp
Jun 5, 2023
—
Cl Hospitality LLC
—
Deed
related
$3,068,000 · The Mortgage Capital Development Corp
Jul 21, 2017
$7,250,000
Cl Hospitality LLC
Sarodia Goodyear LLC
Special Warranty Deed
$5,000,000 · First Community Bank
Sep 7, 2016
—
Sarodia Goodyear LLC
—
Deed
related
$3,757,719 · Western Alliance Bank
Jan 23, 2015
$4,400,000
Sarodia Goodyear LLC
Rmg Goodyear LLC
Special Warranty Deed
$2,219,000 · Western Alliance Bank
Aug 1, 2014
—
Rmg Goodyear LLC
Realty Management Group LLC
Quit Claim Deed
related
—
Jul 11, 2014
$3,100,271
Realty Management Group LLC
Lawyers Title Of Arizona INC
Trustees Deed
related
—
Feb 3, 2003
$2,700,000
Arizona Lizanatay LLC
Lasalle National Bank
Grant Deed
$1,575,000 · Pmc Commercial Trust
Dec 28, 1989
$1,880,000
Olde Adobe Inves
Paragon Hotel Co
Grant Deed
$1,730,000 · Seller
—
—
Arizona Lizatanay LLC
—
Deed Of Trust
related
$2,800,000 · American National Bank & Trust
—
—
Arizona Lizanatay LLC
—
Deed Of Trust
related
$500,000 · American National Bank & Trust
—
—
Arizona Lizanatay LLC
—
Deed Of Trust
related
$1,000,000 · Southwestern Business Fin'l
—
—
Arizona Lizanatay LLC
—
Deed Of Trust
related
$1,200,000 · Img Note I LLC
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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