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Property profile & analytics
OFF-MARKET
Estimated value
$3,690,000
Medical Office Space
6760 Thunderbird Rd Peoria, AZ 85381-5048
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-0548792
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Construction
STEEL FRAME
Total area
10,083 SF
Lot
1.14 ac (49,687 SF)
Zoning code
C-2
APN
200-69-114
UPID
US07-0548792
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
-
Panda Medical Associates, LLC Medical Clinic
-
Jeanette Giatroudakis Physician
-
Christopher Bui Physician
-
Carla Lempert Physician
-
Christina Camoriano Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.46M
Blend (final)
Blend
$3.69M
Owner & transaction history
Kagr2 Thunderbird 6760 LLC · 4 yrs held
Kagr2 Thunderbird 6760 LLC
since 2022
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
C-2 · Peoria, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.8M
+99.5%
Commercial (general)
$5.5M
+90.3%
Auto repair, garage
$4.2M
+44.1%
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 Peoria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Peoria 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
$4,045,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,880,000
Current use
RESTAURANT
$5,750,000
Change: +99% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,485,000
Change: +90% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,150,000
Change: +44% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,845,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$3.69M
Range $3.32M – $4.06M · ±10% · vs last sale $3.75M (Feb 14 2022)
Last sale anchor
$3.75M
Feb 14 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
$366 / 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
$26,161
Tax year 2023
Assessed value
$474,915
Assessed 2024
Previous assessed
$396,831
+19.7% YoY
Effective rate
5.51%
On assessed value
Land market value
$870,800
Improvement market value
$2,007,473
Total market value
$2,878,273
Applied tax rate
111,200.0000
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
2006
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
10,083 SF
Lot
1.14 ac (49,687 SF)
Zoning code
C-2
APN
200-69-114
UPID
US07-0548792
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Peoria, AZ
Zoning C-2 · permitted uses
C-2 · Peoria, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Peoria. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.9M
RESTAURANT
Est. value
$5.8M
COMMERCIAL (GENERAL)
Est. value
$5.5M
AUTO REPAIR, GARAGE
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
MEDICAL BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2006
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.14 ac
Current owner
From public records · entity-resolved
Kagr2 Thunderbird 6760 LLC
Entity
Mailing address
800 W MADISON ST STE #400, CHICAGO, IL 60607-2481
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2022
$3,750,000
Kagr2 Thunderbird 6760 LLC
Thunderbird 6760 Medical Properties
Special Warranty Deed
$816,700,000 · Capital One Bank NA
Oct 7, 2021
$6,450,975
Mordo Ranch And Development Company
Ann Hughes
Special Warranty Deed
—
May 1, 2019
—
Thunderbird 6760 Medical Prop
Thunderbird 6750 Medical Prop
Quit Claim Deed
related
—
May 1, 2019
$17,600,000
Thunderbird 6750 Medical Pr
Mpg Phx-thunderbird LLC
Grant Deed
related
—
Oct 14, 2015
$15,500,000
Mpg Phx-thunderbird LLC
Tbird Commons LP
Grant Deed
$13,125,000 · General Elec Cap
Dec 15, 2011
$7,650,000
Tbird Commons LP
Thunderbird Common Holdings I
Grant Deed
$4,590,000 · Industrial Alliance Pacific In
Apr 14, 2011
$10,840,000
Commons Holding I Thunderbird
Mcelenney,sean K
Trustees Deed
—
Jan 18, 2008
—
Tay Land Holdings LLC
Tay Land Holdings LLC
Quit Claim Deed
related
$11,100,000 · Heritage 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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