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Property profile & analytics
OFF-MARKET
Estimated value
$1,950,000
Grocery and convenience stores
8303 Mcdowell Rd Tolleson, AZ 85353-9008
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-3291433
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1989
Construction
STEEL FRAME
Total area
3,089 SF
Lot
0.91 ac (39,727 SF)
Zoning code
C-2
APN
102-47-058
UPID
US07-3291433
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
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Circle K Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.95M
Owner & transaction history
Circle Toll LLC · 1 yrs held
Circle Toll LLC
since 2024
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
C-2 · Tolleson, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.5M
+154.1%
Auto repair, garage
$1.4M
+40.6%
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
$1,950,000
ML approach
$1,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,480,000
Change: +154% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,370,000
Change: +41% · Conversion: Difficult
Blend value · Realmo final
$1.95M
Range $1.76M – $2.15M · ±10% · vs last sale $1.95M (Oct 15 2024)
Last sale anchor
$1.95M
Oct 15 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
$631 / 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
$22,547
Tax year 2022
Assessed value
$162,294
Assessed 2024
Previous assessed
$162,294
+0.0% YoY
Effective rate
13.89%
On assessed value
Land market value
$656,900
Improvement market value
$326,700
Total market value
$983,600
Applied tax rate
171,700.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
3,089 SF
Lot
0.91 ac (39,727 SF)
Zoning code
C-2
APN
102-47-058
UPID
US07-3291433
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Tolleson, AZ
Zoning C-2 · permitted uses
C-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
COMMERCIAL (GENERAL)
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL)
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
1989
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
0.91 ac
Current owner
From public records · entity-resolved
Circle Toll LLC
Entity
Mailing address
8238 TILLINGHAST DR #400, DUBLIN, OH 43017-8845
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2024
$1,950,000
Circle Toll LLC
Tolleson Ck LP
Special Warranty Deed
$1,072,500 · Desert Financial Cu
Jan 3, 2007
—
Ck Tolleson
Skyline Service Stations 2
Grant Deed
—
Sep 27, 2004
$1,155,000
Skyline Service Stations 2
Dbncf Circle LLC
Grant Deed
$750,000 · Goddard Trust (tr)
Mar 31, 2004
$900,000
Dbncf Circle LLC
Circle K Stores INC
Grant Deed
related
—
Aug 11, 1993
—
Circle K Properties INC
Circle K Conven
Quit Claim Deed
related
—
—
—
Ck LP Tolleson
—
Deed Of Trust
related
$665,000 · Bank Of Hemet
—
—
Ck Tolleson
—
Deed Of Trust
related
$1,325,000 · Mechanics Bank
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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