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Property profile & analytics
OFF-MARKET
Estimated value
$2,560,000
Outlet malls
6310 35th Ave, Phoenix, AZ 85041-5040
Entity Owned
Free & Clear
Property ID
US07-2260867
Property summary
AI-generated overview
Exceptional retail investment opportunity in Phoenix, Arizona, asking $3,300,000. This 18,420 square foot property, built in 2007, sits on a 78,746 square foot lot and boasts a price per square foot of $179.15. Located at 6310 S 35th Ave, Phoenix, AZ 85041, in Maricopa County, this property benefits from its strategic location near a high-traffic Walmart. This Walmart location ranked #5 out of 86 in Arizona and #105 out of 3,866 nationwide in customer visits (March 1, 2023 - February 29, 2024), with an estimated 2.8 million customers during that period. The property's proximity to this high-volume retailer, along with its location within the Laveen Village Retail Center, provides a significant geographical advantage over competing shopping areas. The property's size and location make it ideal for a variety of retail uses, capitalizing on the substantial foot traffic generated by the neighboring commercial establishments. This presents a compelling investment opportunity for discerning buyers seeking a high-return property in a prime location. Further details are available upon request.
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2007
Construction
CONCRETE
Total area
18,420 SF
Lot
1.81 ac (78,746 SF)
Zoning code
C-2
APN
105-89-945D
UPID
US07-2260867
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
-
UPTOWN JUNGLE FUN PARK | Laveen, AZ Tour Operator Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.67M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.56M
Owner & transaction history
Rainbow Investments LLC
Rainbow Investments LLC
since 2025
Last sale
$2.8M
3 recorded transactions
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,070,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,890,000
6.5%
$2,670,000
7%
$2,480,000
Blend value · Realmo final
$2.56M
Range $2.30M – $2.82M · ±10% · vs last sale $2.75M (Dec 31 2025)
Last sale anchor
$2.75M
Dec 31 2025
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
$139 / 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
$62,417
Tax year 2023
Assessed value
$555,308
Assessed 2024
Previous assessed
$480,794
+15.5% YoY
Effective rate
11.24%
On assessed value
Land market value
$1,554,200
Improvement market value
$1,811,300
Total market value
$3,365,500
Applied tax rate
591,300.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
18,420 SF
Lot
1.81 ac (78,746 SF)
Zoning code
C-2
APN
105-89-945D
UPID
US07-2260867
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZ
Zoning C-2 · permitted uses
C-2 · 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.
Building & site characteristics
From public records
Year built
2007
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.81 ac
Current owner
From public records · entity-resolved
Rainbow Investments LLC
Entity
Free & Clear · 0 yrs held
Mailing address
4609 33RD AVE S STE #400, FARGO, ND 58104-1001
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2025
$2,750,000
Rainbow Investments LLC
Eleven Investments LLC
Special Warranty Deed
—
Sep 14, 2021
$1,800,000
Eleven Investments LLC
Lej Properties LLC
Special Warranty Deed
$1,864,528 · Western State Bank
Jun 16, 2011
$3,200,000
Lej Properties LLC
Pwdaf 35th & Southern LLC
Special Warranty Deed
$2,250,000 · First Western 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.
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