New search
Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Medical Office Space
6211 35th Ave, Phoenix, AZ 85017-1414
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-3488375
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1966
Construction
CONCRETE
Total area
4,895 SF
Lot
0.56 ac (24,409 SF)
Zoning code
R-5
APN
152-05-007G
UPID
US07-3488375
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
-
Dr. Carlos Lopez Pediatrician Medical Clinic
-
Express Immigration Medical Exams Immigration & Naturalization Service
-
Romona Davis Dental Office
-
Dr. Manika Patel Dental Office
-
Dr. Theresa Herro Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.08M
Comparable Approach
Comparable
$948k
Blend (final)
Blend
$975k
Owner & transaction history
Wolf Venegas Enterprises Lllp · 4 yrs held
Wolf Venegas Enterprises Lllp
since 2021
Last sale
$690,000
7 recorded transactions
Zoning & alternative use
R-5 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.5M
+12.3%
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 Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix 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
$950,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,165,000
6.5%
$1,075,000
7%
$995,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,300,000
Current use
RETAIL STORES
$1,460,000
Change: +12% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,245,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $690k (Oct 25 2021)
Last sale anchor
$690k
Oct 25 2021
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
$199 / 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
$8,037
Tax year 2023
Assessed value
$119,991
Assessed 2024
Previous assessed
$106,012
+13.2% YoY
Effective rate
6.70%
On assessed value
Land market value
$283,500
Improvement market value
$443,718
Total market value
$727,218
Applied tax rate
61,300.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1966
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
4,895 SF
Lot
0.56 ac (24,409 SF)
Zoning code
R-5
APN
152-05-007G
UPID
US07-3488375
Jurisdiction
MARICOPA
Zoning & alternative use
R-5 · Phoenix, AZ
Zoning R-5 · permitted uses
R-5 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.3M
RETAIL STORES
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
MEDICAL BUILDING Current
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
1966
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Wolf Venegas Enterprises Lllp
Entity
Mailing address
3130 E BASELINE RD STE #103, MESA, AZ 85204-7290
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2025
—
Wolf Venegas Enterprises Lllp
—
Deed
related
$600,000 · Greenbridge Commerical Funding LLC
Nov 23, 2021
—
Wolf Venegas Enterprises Lllp
—
Deed
related
$220,000 · Capital Fund I LLC
Oct 25, 2021
—
Wolf Venegas Enterprises Lllp
Jarial LLC
Deed In Lieu Of Foreclosure
related
—
Oct 6, 2021
—
Jarial LLC
—
Deed
related
$740,000 · Wolf Venegas Enterprises Lllp
Aug 18, 2020
—
Jarial LLC
—
Deed Of Trust
related
$1,100,000 · Bil-man Asset Management LLC
Jul 20, 2017
—
Jarial LLC
—
Grant Deed
related
$1,485,310 · Arizona Busn Bk
Nov 27, 2006
—
Jarial LLC
Lopez,carlos J & Luz A
Quit Claim Deed
related
—
Oct 28, 2005
$690,000
Carlos J Lopez
Anthony F Venetucci
Warranty Deed
$517,500 · Arizona Business Bank
Nov 3, 2000
$480,000
Anthony F Venetucci
Chelone Trust
Grant Deed
$344,700 · Sonoma National Bank
Mar 31, 1999
$300,000
Louis Chelone Trustee
Parkinson,robert K
Grant Deed
—
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 6211 35th Ave?
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.
