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Property profile & analytics
FOR LEASE
Industrial properties
7310 West Roosevelt St Phoenix, AZ 85043
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-1348431
For Lease
1 / 2
$40,270,000
7310 West Roosevelt St, Phoenix, AZ 85043
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
2000
Construction
CONCRETE
Total area
72,226 SF
Lot
16.58 ac (722,367 SF)
Zoning code
A-1
APN
102-41-467
UPID
US07-1348431
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
-
US Installations Electrical Service General Contractor
-
Shaw Industries - Plant PX Textile Manufacturer
-
Marquez Brothers Southwest Inc Grocery & Convenience Store Distribution Center
-
LGH Phoenix Rental Center (Bike/Boat/Book/etc) Store Rental Equipment Company
-
Firestop Southwest Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$28.61M
Blend (final)
Blend
$40.27M
Owner & transaction history
Lrf3 Phx 75th Avenue & I 10 LLC · 1 yrs held
Lrf3 Phx 75th Avenue & I 10 LLC
since 2025
Last sale
$52.0M
6 recorded transactions
Zoning & alternative use
A-1 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$50.3M
+216.6%
Restaurant
$38.6M
+142.7%
Auto repair, garage
$30.5M
+92.1%
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 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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$50,300,000
Change: +217% · Conversion: Difficult
RESTAURANT
$38,570,000
Change: +143% · Conversion: Difficult
AUTO REPAIR, GARAGE
$30,520,000
Change: +92% · Conversion: Easy
Blend value · Realmo final
$40.27M
Range $36.24M – $44.30M · ±10% · vs last sale $52.00M (Dec 26 2024)
Last sale anchor
$52.00M
Dec 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
$558 / 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
$222,836
Tax year 2023
Assessed value
$5,250,630
Assessed 2024
Previous assessed
$4,694,448
+11.8% YoY
Effective rate
4.24%
On assessed value
Land market value
$4,155,500
Improvement market value
$27,666,500
Total market value
$31,822,000
Applied tax rate
451,300.0000
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
For Lease
Year built
2000
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
4
Stories
1
Units
3
Total area
72,226 SF
Lot
16.58 ac (722,367 SF)
Zoning code
A-1
APN
102-41-467
UPID
US07-1348431
Jurisdiction
MARICOPA
Zoning & alternative use
A-1 · Phoenix, AZ
Zoning A-1 · permitted uses
A-1 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$50.3M
RESTAURANT
Est. value
$38.6M
AUTO REPAIR, GARAGE
Est. value
$30.5M
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
2000
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
4
Units
3
Lot
16.58 ac
Current owner
From public records · entity-resolved
Lrf3 Phx 75th Avenue & I 10 LLC
Entity
Mailing address
1255 23RD ST NW STE #250, WASHINGTON, DC 20037-1168
Ownership since
2025
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
Mar 26, 2025
$52,000,000
Lrf3 Phx 75th Avenue & I 10 LLC
75th Avenue & I 10 Property Owner L
Special Warranty Deed
$182,560,000 · Pgim Real Estate Agency Financing L
Dec 23, 2020
$32,630,525
75th Avenue & I-10 Property
75th Avenue Property L Ejm
Grant Deed
$206,418,600 · Rbc R/e Cap Corp
Oct 30, 2018
—
Ejm 75th Avenue Property LLC
—
Deed
related
$13,000,000 · Thrivent Fin'l/lutherans
Jun 25, 2002
—
Ejm 75th Ave Property LLC
Ejm 75th Ave Spe LLC
Quit Claim Deed
related
$8,512,000 · Lend Lease Mortgage Capital LP
—
—
Ejm 75th Avenue Property LLC
—
Loan Modification
related
$13,000,000 · Thrivent Fin'l/lutherans
—
—
Ejm 75th Avenue Property LLC
—
Deed Of Trust
related
$7,500,000 · Thrivent Financial For Luthera
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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