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Property profile & analytics
OFF-MARKET
Estimated value
$9,660,000
Auto shops
600 94th Ave Tolleson, AZ 85353-2820
Entity Owned
2-yr Hold
Free & Clear
Property ID
US07-1501053
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2005
Construction
CONCRETE
Total area
13,120 SF
Lot
37.4 ac (1,629,245 SF)
Zoning code
I-2
APN
101-06-005
UPID
US07-1501053
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
-
Carvana Auto Repair Shop
-
Arizona Medical Waste Waste Management Facility Hazardous Waste Disposal
-
Tolleson Inspection Center Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.78M
Blend (final)
Blend
$9.66M
Owner & transaction history
Fip Master Funding Xv LLC · 2 yrs held
Fip Master Funding Xv LLC
since 2023
7 recorded transactions
Zoning & alternative use
I-2 · Tolleson, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$10.5M
+80.8%
Restaurant
$7.5M
+28.4%
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 Tolleson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tolleson 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
AUTO REPAIR, GARAGE
$5,825,000
Current use
COMMERCIAL (GENERAL)
$10,530,000
Change: +81% · Conversion: Moderate
RESTAURANT
$7,480,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$9.66M
Range $8.69M – $10.63M · ±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
$736 / 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
$441,928
Tax year 2023
Assessed value
$4,594,376
Assessed 2024
Previous assessed
$3,906,396
+17.6% YoY
Effective rate
9.62%
On assessed value
Land market value
$7,652,000
Improvement market value
$20,192,700
Total market value
$27,844,700
Applied tax rate
171,700.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2005
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
7
Stories
1
Units
6
Total area
13,120 SF
Lot
37.4 ac (1,629,245 SF)
Zoning code
I-2
APN
101-06-005
UPID
US07-1501053
Jurisdiction
MARICOPA
Zoning & alternative use
I-2 · Tolleson, AZ
Zoning I-2 · permitted uses
I-2 · Tolleson, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tolleson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$5.8M
COMMERCIAL (GENERAL)
Est. value
$10.5M
RESTAURANT
Est. value
$7.5M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
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
PACKAGE
Cooling
Yes
Stories
1
Buildings
7
Units
6
Lot
37.4 ac
Current owner
From public records · entity-resolved
Fip Master Funding Xv LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2425 E CAMELBACK RD STE #800, PHOENIX, AZ 85016-4208
Ownership since
2023
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
Nov 19, 2024
—
Fip Master Funding Xv LLC
—
Deed
related
—
Nov 13, 2023
$14,108,402
Fip Master Funding Xv LLC
Fip Master Funding Viii LLC
Special Warranty Deed
—
Apr 10, 2023
—
Fip Master Funding I LLC
—
Deed
related
—
Feb 16, 2021
—
Fip Master Funding I LLC
—
Deed
related
$50,000,000 · Citibank NA
Sep 29, 2020
$21,656,907
Carvana LLC
Verde Investments INC
Grant Deed
—
Sep 29, 2020
$50,000,000
Fip Master Funding I LLC
Carvana LLC
Grant Deed
—
Aug 28, 2014
$12,750,000
Next Gen Tolleson LLC
Pratte Buckeye Prop LLC
Grant Deed
—
Dec 27, 2006
—
Pratte Buckeye Property LLC
Owner Name Unavailable
Grant Deed
related
—
May 1, 2006
—
Pratte Buckeye Property LLC
Pratte,ronald H
Quit Claim Deed
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.
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