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Property profile & analytics
OFF-MARKET
Estimated value
$1,555,000
Car washes
711 Grand Ave Phoenix, AZ 85007-2509
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US07-0422733
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1970
Construction
CONCRETE
Total area
2,196 SF
Lot
0.6 ac (26,250 SF)
Zoning code
C-3
APN
111-30-090
UPID
US07-0422733
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
-
Clean Freak Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.56M
Owner & transaction history
Spirit Master Funding X LLC · 9 yrs held
Spirit Master Funding X LLC
since 2016
7 recorded transactions
Zoning & alternative use
C-3 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose C-3 zone is to provide to provide for the intensive commercial uses necessary to the proper development of the community
Zone name
General Commercial
General category
COMMERCIAL
Zone area
2,827.55 ac
Source
Realmo
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.56M
Range $1.40M – $1.71M · ±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
$708 / 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
$15,094
Tax year 2023
Assessed value
$256,805
Assessed 2024
Previous assessed
$190,825
+34.6% YoY
Effective rate
5.88%
On assessed value
Land market value
$1,310,400
Improvement market value
$245,996
Total market value
$1,556,396
Applied tax rate
11,300.0000
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1970
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
2,196 SF
Lot
0.6 ac (26,250 SF)
Zoning code
C-3
APN
111-30-090
UPID
US07-0422733
Jurisdiction
MARICOPA
Zoning & alternative use
C-3 · Phoenix, AZZoning C-3 · permitted uses
C-3 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose C-3 zone is to provide to provide for the intensive commercial uses necessary to the proper development of the community
Zone name
General Commercial
General category
COMMERCIAL
Zone area
2,827.55 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1970
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Spirit Master Funding X LLC
Entity
Mailing address
8776 E SHEA BLVD STE #106, SCOTTSDALE, AZ 85260-6687
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2020
—
True Blue Car Wash LLC
—
Deed
related
—
Oct 6, 2016
$1,911,700
Spirit Master Funding X LLC
Coco Partners LLC
Grant Deed
—
Sep 29, 2016
$1,333,333
Coco Partners LLC
Cf Car Wash II LLC
Grant Deed
—
Mar 5, 2010
—
Cf Car Wash II LLC
—
Trustees Deed
related
$1,754,492 · Alliance Bank Of Arizona
Nov 9, 2009
$750,000
Cf Car Wash II LLC
F & S Management IV LLC
Grant Deed
$500,000 · F & S Management IV LLC
Oct 15, 2009
—
F & S Management IV LLC
F & S Management I LLC
Quit Claim Deed
—
May 15, 2009
—
F & S Management I LLC
Tce Grand Mcclintock LLC
Deed In Lieu Of Foreclosure
$2,973,520 · Biltmore Bank Of Arizona
May 17, 2007
$1,680,000
Tce Grand Mcclintock LLC
Mace Car Wash INC
Special Warranty Deed
—
Oct 29, 1999
$750,000
Mace Car Wash INC
Millennia Car Wash LLC
Grant Deed
—
Jun 16, 1998
$420,000
Millennia Car Wash LLC
Nice Guys Inv Gp
Grant Deed
—
Jun 29, 1992
$168,000
Nice Guys Investmentse Living Tr
Weico Corp
Grant Deed
$165,000 · Seller
Nov 3, 1989
—
E & L Enterprise
Kelbro Enterpris
Trustees Deed
related
—
—
—
Cf Car Wash II LLC
—
Deed Of Trust
related
$665,000 · Cdc Small Business Finance Co
—
—
F & S Management I LLC
—
Deed Of Trust
related
$300,000 · Biltmore Bank Of Arizona
—
—
F & S Management I LLC
—
Deed Of Trust
related
$300,000 · Biltmore Bank Of Arizona
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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