Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,770,000
Retail space
820 Greenway Pkwy Phoenix, AZ 85022-7800
Entity Owned
13-yr Hold
Free & Clear
Property ID
US07-3340189
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2001
Construction
CONCRETE
Total area
5,186 SF
Lot
0.56 ac (24,443 SF)
Zoning code
C-R
APN
214-16-247
UPID
US07-3340189
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
-
Exotic Birds (Bike/Boat/Book/etc) Store Pet Store
-
Tropic Zone Exotic Birds Pet Store & Service Pet Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.77M
Owner & transaction history
Hippocrates 1 LLC · 13 yrs held
Hippocrates 1 LLC
since 2013
5 recorded transactions
Zoning & alternative use
C-R · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Public/Zoning (MapServer)
Top alternative use upside
Restaurant
$2.8M
+79.2%
Auto repair, garage
$2.2M
+41.8%
Office building
$1.6M
+0.7%
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
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
RETAIL STORES
$1,545,000
Current use
RESTAURANT
$2,770,000
Change: +79% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,190,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$1,555,000
Change: +1% · Conversion: Easy
MEDICAL BUILDING
$1,375,000
Change: -11% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,345,000
Change: -13% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,320,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$1.77M
Range $1.59M – $1.95M · ±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
$341 / 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
$13,780
Tax year 2023
Assessed value
$187,140
Assessed 2024
Previous assessed
$137,904
+35.7% YoY
Effective rate
7.36%
On assessed value
Land market value
$496,900
Improvement market value
$637,283
Total market value
$1,134,183
Applied tax rate
691,300.0000
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
2001
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
5,186 SF
Lot
0.56 ac (24,443 SF)
Zoning code
C-R
APN
214-16-247
UPID
US07-3340189
Jurisdiction
MARICOPA
Zoning & alternative use
C-R · Phoenix, AZZoning C-R · permitted uses
C-R · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Public/Zoning (MapServer)
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.5M
RESTAURANT
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.2M
OFFICE BUILDING
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2001
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Hippocrates 1 LLC
Entity
Free & Clear · 13 yrs held
Mailing address
1112 E COUNTRY GABLES DR, PHOENIX, AZ 85022-3700
Ownership since
2013
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
Aug 28, 2019
—
Hippocrates 1 LLC
—
Deed
related
$1,365,000 · Bok Fin'l
Jul 10, 2013
$1,160,000
Hippocrates 1 LLC
Dearborn Street Holdin 16
Grant Deed
—
Feb 6, 2013
$1,450,000
Dearborn Street Holdings Ll 16
Ekbom Jeffrey A
Trustees Deed
related
—
Oct 30, 2007
$3,150,000
Lclc LLC
Ac&pm Development Co LLC
Special Warranty Deed
$2,240,000 · M & I Marshall & Ilsley Bank
—
—
Hippocrates 1 LLC
—
Loan Modification
related
$1,365,000 · Bok Fin'l
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?”
You own 820 Greenway Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
