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Property profile & analytics
OFF-MARKET
Estimated value
$5,600,000
Strip malls
725 Central Ave Avondale, AZ 85323-1658
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US07-3444234
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Construction
CONCRETE
Total area
21,267 SF
Lot
2.58 ac (112,286 SF)
Zoning code
C-2
APN
500-18-097
UPID
US07-3444234
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
-
Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
-
My Dental LLC Medical Clinic
-
Bia's Pet Stop Pet Grooming Service
-
ARROYO'S BARBER SHOP Barber Shop
-
New Concept Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.89M
Blend (final)
Blend
$5.60M
Owner & transaction history
Ted Barikmo Xraptor Invs Ll · 9 yrs held
Ted Barikmo Xraptor Invs Ll
since 2017
7 recorded transactions
Zoning & alternative use
C-2 · Avondale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
y thousand (70,000) gross building square feet. (5) Encourage development that is consistent with the policies and the guidelines established in any specific plan and the General Plan. (d) Community Commercial District (C-2). The purpose of the Community Commercial (C-2) district is to accommodate development of commercial complexes providing goods and servi…
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
386.29 ac
Source
code of ordinances
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 Avondale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avondale 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
NEIGHBORHOOD: SHOPPING CENTER
$6,715,000
Current use
MEDICAL BUILDING
$5,415,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$5.60M
Range $5.04M – $6.16M · ±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
$263 / 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
$29,022
Tax year 2023
Assessed value
$635,100
Assessed 2024
Previous assessed
$524,637
+21.1% YoY
Effective rate
4.57%
On assessed value
Land market value
$841,800
Improvement market value
$3,007,294
Total market value
$3,849,094
Applied tax rate
440,100.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
21,267 SF
Lot
2.58 ac (112,286 SF)
Zoning code
C-2
APN
500-18-097
UPID
US07-3444234
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Avondale, AZZoning C-2 · permitted uses
C-2 · Avondale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
y thousand (70,000) gross building square feet. (5) Encourage development that is consistent with the policies and the guidelines established in any specific plan and the General Plan. (d) Community Commercial District (C-2). The purpose of the Community Commercial (C-2) district is to accommodate development of commercial complexes providing goods and services to a community-wide trade area. (1) Encourage commercial centers that are plann
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
386.29 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.7M
MEDICAL BUILDING
Est. value
$5.4M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
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
2003
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
2.58 ac
Current owner
From public records · entity-resolved
Ted Barikmo Xraptor Invs Ll
Individual
Mailing address
7084 WOODED LK DR, SAN JOSE, CA 95120-5629
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2017
$2,150,000
Ted Barikmo Xraptor Invs Ll
Avondale Central LLC
Grant Deed
—
Dec 7, 2012
$1,500,000
Avondale Central LLC
Ghidotti Michelle
Trustees Deed
$1,000,000 · Mmj Group INC
Aug 4, 2004
$3,037,000
Partch-lebovitz Trust
North Central Plaza LLC
Grant Deed
$2,200,000 · Morgan Stanley Mtg Capital INC
Oct 31, 2003
$1,500,000
North Central Plaza LLC
Gae Corp
Grant Deed
$1,645,000 · La Jolla Savings Bank
Aug 12, 2003
—
Gae Corp
North Central Plaza LLC
Quit Claim Deed
related
—
Feb 13, 2003
—
North Central Plaza LLC
Gae Corp
Quit Claim Deed
related
—
Jul 3, 2001
$280,000
Gae Corp
Edc Investments LLC
Grant Deed
$150,000 · Community Bank Arizona
Feb 28, 2001
$112,290
Chang Trust
Shanti Holdings INC
Grant Deed
—
—
—
Avondale Central LLC
—
Deed Of Trust
related
$1,610,000 · Meridian 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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