New search
Property profile & analytics
OFF-MARKET
Estimated value
$22,210,000
Office buildings
555 Litchfield Rd, Goodyear, AZ 85338-1390
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-0833116
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Construction
CONCRETE
Total area
50,043 SF
Lot
5.4 ac (235,347 SF)
Zoning code
PAD
APN
500-03-354
UPID
US07-0833116
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
$22.21M
Blend (final)
Blend
$22.21M
Owner & transaction history
Balboa Burbank LLC · 7 yrs held
Balboa Burbank LLC
since 2019
7 recorded transactions
Zoning & alternative use
PAD · Goodyear, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$28.5M
+116.2%
Auto repair, garage
$22.2M
+68.4%
Retail stores
$16.8M
+27.6%
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
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
RESTAURANT
$28,530,000
Change: +116% · Conversion: Moderate
AUTO REPAIR, GARAGE
$22,220,000
Change: +68% · Conversion: Difficult
RETAIL STORES
$16,835,000
Change: +28% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$15,805,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$22.21M
Range $19.99M – $24.43M · ±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
$444 / 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
$128,382
Tax year 2023
Assessed value
$1,710,937
Assessed 2024
Previous assessed
$1,546,150
+10.7% YoY
Effective rate
7.50%
On assessed value
Land market value
$2,397,100
Improvement market value
$7,972,218
Total market value
$10,369,318
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
50,043 SF
Lot
5.4 ac (235,347 SF)
Zoning code
PAD
APN
500-03-354
UPID
US07-0833116
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Goodyear, AZ
Zoning PAD · permitted uses
PAD · 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
RESTAURANT
Est. value
$28.5M
AUTO REPAIR, GARAGE
Est. value
$22.2M
RETAIL STORES
Est. value
$16.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.8M
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
2005
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
5.4 ac
Current owner
From public records · entity-resolved
Balboa Burbank LLC
Entity
Mailing address
6345 BALBOA BLVD STE #310, ENCINO, CA 91316-1500
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2019
—
Balboa Burbank LLC
—
Deed
related
$4,250,000 · Bell Bk
Jan 17, 2019
—
Balboa Burbank LLC
Sip22 LLC
Re-recorded Document
related
—
Jan 3, 2019
$8,450,000
Balboa Burbank LLC
Sip22 LLC
Special Warranty Deed
$4,250,000 · Marbro Funding
Dec 28, 2017
$3,650,000
Sip22 LLC
Store Master Funding III LLC
Special Warranty Deed
$4,346,051 · Atlantic Capital Bank NA
Apr 8, 2013
$6,210,155
Store Master Funding III LLC
P A D Land LLC
Special Warranty Deed
—
Jul 22, 2004
$1,413,400
P A D Land LLC
Suncor Development Co
Grant Deed
related
—
—
—
Balboa Burbank LLC
—
Deed Of Trust
related
$4,250,000 · Bell Bk
—
—
Pad Land LLC
—
Deed Of Trust
related
$1,000,000 · Northern Trust Bank
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?”
You own 555 Litchfield Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
