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Property profile & analytics
OFF-MARKET
Estimated value
$1,185,000
Retail space
7730 Indian School Rd Phoenix, AZ 85033-3010
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-1590221
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Construction
CONCRETE
Total area
1,584 SF
Lot
0.69 ac (30,106 SF)
Zoning code
C-2
APN
102-20-001N
UPID
US07-1590221
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
-
Taqueria Chicali Mexican Grill Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$873k
Blend (final)
Blend
$1.19M
Owner & transaction history
Ninos Lazar · 2 yrs held
Ninos Lazar
since 2024
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
Zone name
Intermediate Commercial
General category
COMMERCIAL
Zone area
13,095.06 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$1.1M
+133.7%
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
$1,185,000
ML approach
$1,185,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,105,000
Change: +134% · Conversion: Easy
Blend value · Realmo final
$1.19M
Range $1.07M – $1.30M · ±10% · vs last sale $1.19M (May 22 2024)
Last sale anchor
$1.19M
May 22 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
$748 / 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
$12,514
Tax year 2023
Assessed value
$121,308
Assessed 2024
Previous assessed
$121,308
+0.0% YoY
Effective rate
10.32%
On assessed value
Land market value
$414,800
Improvement market value
$320,401
Total market value
$735,201
Applied tax rate
831,300.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1989
Construction
CONCRETE
Heating
HEAT PUMP
Buildings
4
Stories
1
Total area
1,584 SF
Lot
0.69 ac (30,106 SF)
Zoning code
C-2
APN
102-20-001N
UPID
US07-1590221
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZZoning C-2 · permitted uses
C-2 · 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-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
Zone name
Intermediate Commercial
General category
COMMERCIAL
Zone area
13,095.06 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.1M
COMMERCIAL (GENERAL)
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
1989
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Buildings
4
Lot
0.69 ac
Current owner
From public records · entity-resolved
Ninos Lazar
Individual
Mailing address
3959 E NAVIGATOR LN, PHOENIX, AZ 85050-5449
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2024
—
Ninos Lazar
Rs & R Enterprise Group LLC
Special Warranty Deed
—
May 22, 2024
$1,185,000
Nadeen Properties LLC
Ninos Lazar
Special Warranty Deed
$600,000 · Firstbank
Aug 5, 2020
$460,000
Rs & R Ent Group LLC
D & D Renovations LLC
Grant Deed
—
Jun 15, 2020
—
George,s Zaia & Daisy H Trust
Nmodestos Kefalas
Grant Deed
related
—
Sep 9, 2019
$410,000
D & D Renovations LLC
Rioja,ricardo
Warranty Deed
—
Sep 30, 2014
$320,000
Ricardo Rioja
Paying Cash Of Houses Com LLC
Grant Deed
—
Dec 24, 2012
$130,000
Paying Cash & Housescom LLC
Ddt Holdings LLC
Grant Deed
$140,000 · Fanello Robert P Trust (pt)
Dec 3, 2012
$90,000
Ddt Holdings LLC
Evergreen Environmental De
Grant Deed
—
Oct 14, 2010
$671,000
Evergreen Environmental Dev Co
Baron,carol M
Trustees Deed
—
Nov 2, 2005
$1,600,000
Simons Ent INC
Simon Stores Corp INC
Warranty Deed
$1,314,000 · Sonoma National Bank
Sep 4, 1996
$925,000
Simon Stores Corp
Giant INC
Grant Deed
$675,000 · Seller
Aug 14, 1987
—
J E A Company In
—
Deed Of Trust
related
—
—
—
Paying Cash For Houses Com LLC
—
Deed Of Trust
related
$20,000 · Tano Road LLC
—
—
Simon Stores Corp
—
Deed Of Trust
related
$9,031,000 · Citicorp Leasing INC
—
—
Simon Stores Corp
—
Deed Of Trust
related
$1,283,000 · Money Store Investment Corp
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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