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Property profile & analytics
FOR LEASE
Warehouses
599 S Litchfield Rd, Goodyear, AZ 85338
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-3491577
For Lease
1 / 2
$38,000 SF/Yr
599 S Litchfield Rd, Goodyear, AZ 85338
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1970
Construction
STEEL FRAME
Total area
10,000 SF
Lot
5.44 ac (236,986 SF)
Zoning code
I-2
APN
500-49-970E
UPID
US07-3491577
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
$3.19M
Blend (final)
Blend
$3.14M
Owner & transaction history
P&b Holdings II LLC · 4 yrs held
P&b Holdings II LLC
since 2021
6 recorded transactions
Zoning & alternative use
I-2 · Goodyear, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.4M
+117.0%
Retail stores
$3.4M
+64.4%
Neighborhood: shopping center
$3.2M
+54.3%
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
WAREHOUSE, STORAGE
$2,045,000
Current use
AUTO REPAIR, GARAGE
$4,440,000
Change: +117% · Conversion: Easy
RETAIL STORES
$3,365,000
Change: +64% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$3,160,000
Change: +54% · Conversion: Moderate
OFFICE BUILDING
$2,635,000
Change: +29% · Conversion: Difficult
MEDICAL BUILDING
$2,545,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$3.14M
Range $2.83M – $3.45M · ±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
$314 / 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
$17,286
Tax year 2023
Assessed value
$317,790
Assessed 2024
Previous assessed
$317,790
+0.0% YoY
Effective rate
5.44%
On assessed value
Land market value
$1,300,200
Improvement market value
$625,800
Total market value
$1,926,000
Applied tax rate
440,803.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1970
Construction
STEEL FRAME
Heating
NONE
Buildings
3
Stories
1
Units
3
Total area
10,000 SF
Lot
5.44 ac (236,986 SF)
Zoning code
I-2
APN
500-49-970E
UPID
US07-3491577
Jurisdiction
MARICOPA
Zoning & alternative use
I-2 · Goodyear, AZ
Zoning I-2 · permitted uses
I-2 · 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
WAREHOUSE, STORAGE Current
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$4.4M
RETAIL STORES
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
OFFICE BUILDING
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.5M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1970
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
3
Units
3
Lot
5.44 ac
Current owner
From public records · entity-resolved
P&b Holdings II LLC
Entity
Mailing address
2021 W BUCKEYE RD, PHOENIX, AZ 85009-5936
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2021
—
P&b Holdings II LLC
P&b Holdings LLC
Intrafamily Transfer
related
$2,120,000 · Zb NA
Nov 23, 2021
—
P&b Holdings II LLC
—
Deed
related
$500,000 · Zb NA
Dec 21, 2018
$1,450,000
P Of B Holdings LLC
Tbd Properties LLC
Trustees Deed
related
$1,006,716 · Western Alliance Bk
Dec 21, 2018
—
P&b Holdings LLC
—
Deed
related
$1,006,716 · Western Alliance Bank
Feb 11, 2004
$800,000
Tbd Properties LLC
Anglo Summit Holdings LLC
Grant Deed
related
$680,000 · Sunrise Bank Of Arizona
Jan 15, 2004
—
Anglo Summit Holdings LLC
—
Trustees Deed
related
$400,000 · Mortgages Ltd
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?”
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