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Property profile & analytics
OFF-MARKET
Estimated value
$22,690,000
Hospitals
7171 51st Ave, Laveen, AZ 85339-2923
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-2300350
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
2014
Construction
CONCRETE
Total area
39,000 SF
Lot
3.92 ac (170,740 SF)
Zoning code
C-2
APN
104-89-364
UPID
US07-2300350
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
$15.15M
Blend (final)
Blend
$22.69M
Owner & transaction history
Hpa Exchange Medical Az Dst · 1 yrs held
Hpa Exchange Medical Az Dst
since 2024
Last sale
$30.3M
2 recorded transactions
Zoning & alternative use
C-2 · Laveen, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$31.3M
+215.2%
Restaurant
$22.2M
+123.9%
Auto repair, garage
$17.3M
+74.4%
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 Laveen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laveen 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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$31,300,000
Change: +215% · Conversion: Easy
RESTAURANT
$22,235,000
Change: +124% · Conversion: Difficult
AUTO REPAIR, GARAGE
$17,315,000
Change: +74% · Conversion: Difficult
Blend value · Realmo final
$22.69M
Range $20.42M – $24.96M · ±10% · vs last sale $30.25M (Apr 26 2024)
Last sale anchor
$30.25M
Apr 26 2024
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
$582 / 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
Assessed value
$2,293,352
Assessed 2024
Previous assessed
$2,015,180
+13.8% YoY
Land market value
$1,666,500
Improvement market value
$12,232,600
Total market value
$13,899,100
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
2014
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
39,000 SF
Lot
3.92 ac (170,740 SF)
Zoning code
C-2
APN
104-89-364
UPID
US07-2300350
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Laveen, AZ
Zoning C-2 · permitted uses
C-2 · Laveen, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Laveen. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$31.3M
RESTAURANT
Est. value
$22.2M
AUTO REPAIR, GARAGE
Est. value
$17.3M
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
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
2014
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
3.92 ac
Current owner
From public records · entity-resolved
Hpa Exchange Medical Az Dst
Individual
Mailing address
3030 N CENTRAL AVE STE #1402, PHOENIX, AZ 85012-2720
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2024
$30,250,000
Hpa Exchange Medical Az Dst
Etcl Phoenix Fc LLC
Special Warranty Deed
$19,665,000 · Siemens Financial Services INC
May 27, 2014
$2,350,000
Et Phoenix Fc LLC
Linsenmeyer,ernest M
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.
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