Entity Owned Property summary
AI-generated overview
This Gilbert, Arizona warehouse offers flexible lease options ranging from 500 to 30,000 square feet, ideal for various business needs. Located at 575 E Germann Rd, 85297, in Maricopa County, this industrial space currently features 47,000 square feet with a mezzanine. The property includes a sophisticated 3PL picking and packing operation equipped with a pick-to-light system and hundreds of open pallet locations. On-site amenities include two forklifts, a kitting area, and a tent designated for semi-clean room operations. The space is suitable for businesses requiring both storage and labor within the warehouse. Note that this is a shared space with no public access. The monthly rental rate is $1.45 per square foot, with a 500-square-foot minimum lease requirement. The property is currently accommodating multiple tenants and is actively seeking additional businesses for growth. Interested parties should inquire for further details and scheduling a tour to view the available space and discuss pricing options.
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2019
Total area
57,585 SF
Lot
23.86 ac (1,039,465 SF)
APN
304-56-933A
UPID
US07-2252305
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
(Bike/Boat/Book/etc) Store
-
Corporate Office
-
Plumbing Service Building Supply
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.25M
Blend (final)
Blend
$14.05M
Owner & transaction history
Zoning & alternative use
Top alternative use upside
Retail stores
$21.1M
+138.0%
Neighborhood: shopping center
$21.0M
+135.9%
Office building
$17.7M
+99.4%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 14 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$14.05M
Value range
$12.65M – $15.46M
±10% around blend
Estimated value / SF
$244 / SF
Confidence
High
14 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
100
$12.65M
blend $14.05M
$15.46M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
57,585 SF
Lot area
23.86 ac
Year built
2019
Stories
1
APN
304-56-933A
Assessed value
$9,110,327
Annual tax
$475,753
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$7.15M
Weighted, 14 comps · high confidence
Evidence
14 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.5 mi away · 54,500 SF
10.1 mi away · 51,939 SF
10.7 mi away · 49,045 SF
12.2 mi away · 45,662 SF
15.4 mi away · 69,326 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$14.05M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 34 sales
$154
+58%
County 1188 sales
$230
+6%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $244/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+138%
vs current-use indication
Neighborhood: Shopping Center
Office Building
Medical Building
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 14 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$9.11M
Move the market yield to see immediate price impact.
Value / SF
$158
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$574k
$11.48M
$8.20M
$6.38M
$638k
$12.75M
$9.11M
$7.09M
$701k
$14.03M
$10.02M
$7.79M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
14 found
High confidence · county-verified
Closest comparable
$8.00M
4.5 mi · Jan 2026 · $147/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$475,753
Tax year 2023
Assessed value
$9,110,327
Assessed 2024
Previous assessed
$7,453,310
+22.2% YoY
Effective rate
5.22%
On assessed value
Land market value
$8,545,100
Improvement market value
$46,669,000
Total market value
$55,214,100
Applied tax rate
800,606.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2019
Buildings
4
Stories
1
Total area
57,585 SF
Lot
23.86 ac (1,039,465 SF)
APN
304-56-933A
UPID
US07-2252305
Jurisdiction
MARICOPA
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Stories
1
Buildings
4
Lot
23.86 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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