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Property profile & analytics
OFF-MARKET
Estimated value
$3,490,000
Office buildings
8211 Sherman St Tolleson, AZ 85353-3302
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US07-1132464
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
CONCRETE
Total area
8,400 SF
Lot
4.83 ac (210,307 SF)
Zoning code
I-2
APN
104-13-063
UPID
US07-1132464
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
-
Cactus Charities Charitable Organization
-
Cactus Asphalt General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.51M
Blend (final)
Blend
$3.49M
Owner & transaction history
Cactus Transport Real Estate L L C · 18 yrs held
Cactus Transport Real Estate L L C
since 2008
7 recorded transactions
Zoning & alternative use
I-2 · Tolleson, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.8M
+138.4%
Auto repair, garage
$3.7M
+85.7%
Retail stores
$2.8M
+40.7%
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 Tolleson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tolleson 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
RESTAURANT
$4,790,000
Change: +138% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,730,000
Change: +86% · Conversion: Difficult
RETAIL STORES
$2,825,000
Change: +41% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,655,000
Change: +32% · Conversion: Difficult
MEDICAL BUILDING
$2,140,000
Change: +6% · Conversion: Easy
Blend value · Realmo final
$3.49M
Range $3.14M – $3.84M · ±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
$415 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$37,590
Tax year 2022
Assessed value
$449,114
Assessed 2024
Previous assessed
$502,197
-10.6% YoY
Effective rate
8.37%
On assessed value
Land market value
$1,298,600
Improvement market value
$1,423,300
Total market value
$2,721,900
Applied tax rate
451,700.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1979
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
5
Stories
2
Units
5
Total area
8,400 SF
Lot
4.83 ac (210,307 SF)
Zoning code
I-2
APN
104-13-063
UPID
US07-1132464
Jurisdiction
MARICOPA
Zoning & alternative use
I-2 · Tolleson, AZ
Zoning I-2 · permitted uses
I-2 · Tolleson, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tolleson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$3.7M
RETAIL STORES
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.1M
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1979
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
2
Buildings
5
Units
5
Lot
4.83 ac
Current owner
From public records · entity-resolved
Cactus Transport Real Estate L L C
Individual
Mailing address
8211 W SHERMAN ST, TOLLESON, AZ 85353-3302
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2020
—
Cactus Transport R & E LLC
—
Deed
related
$23,137,224 · Great Wstrn Bk
Oct 31, 2019
—
Cactus Transport R & E LLC
—
Loan Modification
related
$14,137,224 · Great Wstrn Bk
Nov 15, 2018
—
Cactus Transport R & E LLC
—
Grant Deed
related
$3,145,000 · Great Wstrn Bk
Jan 23, 2008
—
Cactus Transport Real Estate L L C
Cactus Transport INC
Warranty Deed
$2,480,000 · Jpmorgan Chase Bank NA
Jul 26, 1999
$800,000
Cactus Transport INC
Ameritruck Refrigerated Transp
Grant Deed
—
Feb 26, 1998
$577,660
Ameritruck Refrigerated Transp
Ernest W Scarborough Trustee
Grant Deed
$577,661 · Seller
Jul 22, 1993
$900,000
J C Bangerter & Sons INC
Scarborough
Grant Deed
—
Sep 16, 1987
—
Erne Scarborough
—
Deed Of Trust
related
—
—
—
Ernest W Scarborough
—
Deed Of Trust
related
$200,000 · Valley National Bank Arizona
—
—
Cactus Transport R & E LLC
—
Deed Of Trust
related
$1,976,000 · Compass Bk
—
—
Cactus Transport R & E LLC
—
Deed Of Trust
related
$3,000,000 · Jacob W Dominy
—
—
Cactus Transport R & E LLC
—
Loan Modification
related
$23,137,224 · Great Wstrn Bk
—
—
Ernest W Scarborough
—
Deed Of Trust
related
$682,592 · Valley National Bank Arizona
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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