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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Parking lots & garages
6728 Alsup Rd Litchfield Park, AZ 85340-9640
Individually Owned
4-yr Hold
Property ID
US07-2966944
Property profile
Verified
Property type
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Year built
1995
Construction
STEEL FRAME
Total area
440 SF
Lot
2.13 ac (92,565 SF)
Zoning code
RU-43
APN
501-60-019
UPID
US07-2966944
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
by Request
Blend (final)
Blend
$555k
Owner & transaction history
Benjamin Guzman · 4 yrs held
Benjamin Guzman
since 2022
Last sale
$555,000
6 recorded transactions
Zoning & alternative use
RU-43 · Litchfield Park, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$355,000
+243.5%
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 Litchfield Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Litchfield Park 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
$550,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$355,000
Change: +243% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $555k (Jan 25 2022)
Last sale anchor
$555k
Jan 25 2022
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
$1,261 / 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
$1,147
Tax year 2023
Assessed value
$20,360
Assessed 2024
Previous assessed
$18,820
+8.2% YoY
Effective rate
5.63%
On assessed value
Land market value
$139,100
Improvement market value
$64,503
Total market value
$203,603
Applied tax rate
790,007.0000
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
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Status
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
440 SF
Lot
2.13 ac (92,565 SF)
Zoning code
RU-43
APN
501-60-019
UPID
US07-2966944
Jurisdiction
MARICOPA
Zoning & alternative use
RU-43 · Litchfield Park, AZ
Zoning RU-43 · permitted uses
RU-43 · Litchfield Park, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Litchfield Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$355,000
COMMERCIAL (GENERAL)
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
1995
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
2.13 ac
Current owner
From public records · entity-resolved
Benjamin Guzman
Individual
Mailing address
6728 N ALSUP RD, LITCHFIELD PARK, AZ 85340-9640
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Jan 25, 2022
$555,000
Benjamin Guzman
Frank C Garcia
Warranty Deed
$494,000 · Cornerstone First Mortgage INC
Nov 26, 2002
$70,000
Frank C Garcia
L & R Enterprises INC
Grant Deed
$72,000 · L & R Enterprises INC
Jun 12, 1997
$66,762
L & R Enterprises INC
Jose Covarrubias
Trustees Deed
—
Jun 26, 1995
$33,000
Jose A Covarrubias
Macario & Carlota S Armas
Grant Deed
$80,000 · Seller
—
—
Jose A Covarrubias
—
Deed Of Trust
related
—
—
—
Frank C Garcia
—
Deed Of Trust
related
$92,300 · Ameriquest Mortgage Corp
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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