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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Warehouses
796 Mary St Tempe, AZ 85288
Entity Owned
2-yr Hold
Free & Clear
Property ID
US07-1085777
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Construction
STEEL FRAME
Total area
4,800 SF
Lot
0.26 ac (11,381 SF)
Zoning code
IND-2P
APN
132-19-026
UPID
US07-1085777
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
-
Olmos recycling #2 LLC Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$815k
Comparable Approach
Comparable
$740k
Blend (final)
Blend
$745k
Owner & transaction history
Jeneff Aprtners Vi LLC · 2 yrs held
Jeneff Aprtners Vi LLC
since 2023
Last sale
$750,000
5 recorded transactions
Zoning & alternative use
IND-2P · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$985,000
+5.9%
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 Tempe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tempe 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
$715,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$885,000
6.5%
$815,000
7%
$760,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$930,000
Current use
MEDICAL BUILDING
$985,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$745k
Range $671k – $820k · ±10% · vs last sale $750k (Oct 27 2023)
Last sale anchor
$750k
Oct 27 2023
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
$155 / 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
$3,006
Tax year 2023
Assessed value
$94,515
Assessed 2024
Previous assessed
$84,269
+12.2% YoY
Effective rate
3.18%
On assessed value
Land market value
$375,500
Improvement market value
$197,320
Total market value
$572,820
Applied tax rate
30,001.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
4,800 SF
Lot
0.26 ac (11,381 SF)
Zoning code
IND-2P
APN
132-19-026
UPID
US07-1085777
Jurisdiction
MARICOPA
Zoning & alternative use
IND-2P · Tempe, AZ
Zoning IND-2P · permitted uses
IND-2P · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tempe. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$930,000
MEDICAL BUILDING
Est. value
$985,000
WAREHOUSE, STORAGE 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
2000
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Jeneff Aprtners Vi LLC
Entity
Free & Clear · 2 yrs held
Mailing address
6231 E MAVERICK RD, PARADISE VALLEY, AZ 85253-2627
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2023
$750,000
Jeneff Aprtners Vi LLC
Russell Marsh Stalder
Special Warranty Deed
—
Jan 27, 2023
—
Russell Marsh Stalder
Russell M Stalder
Intrafamily Transfer
related
—
Mar 31, 2011
$250,000
Russell M Stalder
Stalder Family LLC
Warranty Deed
$220,000 · Stalder Family LLC
Sep 6, 2000
—
Stalder Family LLC
Stalder,ronald R & Linda K
Quit Claim Deed
related
—
Dec 20, 1994
$30,500
Ronald Stalder
Rainey
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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