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Property profile & analytics
OFF-MARKET
Estimated value
$1,870,000
Strip malls
8310 Thomas Rd Phoenix, AZ 85037-3322
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US07-3388666
Property summary
AI-generated overview
This exceptional 2.69-acre commercial land parcel presents a unique investment opportunity in the thriving Phoenix, Arizona market. Located at 8310 W Thomas Rd, near the intersection of 83rd Avenue and Thomas Road, this property boasts a highly desirable Psc zoning designation, opening doors to a wide range of commercial development possibilities. The single-tenant zoning allows for focused development and streamlined permitting processes. The expansive lot size provides ample space for a variety of projects, from retail establishments and office buildings to light industrial facilities. Situated in Maricopa County, this location benefits from excellent access to major transportation arteries, ensuring high visibility and convenient access for both employees and customers. The property's address is 8310 W Thomas Rd, Phoenix, AZ 85037. Its precise coordinates are latitude 33.47986688892419 and longitude -112.23791429604998. This is a blank canvas for a visionary developer seeking to capitalize on Phoenix's robust economic growth and strategic location. The property is currently available for lease. Serious inquiries are encouraged to explore the potential of this remarkable land offering.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
CONCRETE
Total area
6,298 SF
Lot
0.86 ac (37,381 SF)
Zoning code
C-2
APN
102-23-004B
UPID
US07-3388666
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
-
CheckSmart Loan Service
-
Boost Mobile Mobile Phone Store Electronics & Wireless Store
-
Western Union Bank Credit Union
-
New Age Barber Company Barber Shop
-
Liberty Tax Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$1.87M
Owner & transaction history
Dlz LLC · 6 yrs held
Dlz LLC
since 2019
4 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
Auto repair, garage
$2.7M
+66.0%
Office building
$1.9M
+17.9%
Retail stores
$1.9M
+17.1%
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
NEIGHBORHOOD: SHOPPING CENTER
$1,605,000
Current use
AUTO REPAIR, GARAGE
$2,660,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$1,890,000
Change: +18% · Conversion: Moderate
RETAIL STORES
$1,875,000
Change: +17% · Conversion: Easy
MEDICAL BUILDING
$1,670,000
Change: +4% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,635,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$1.87M
Range $1.68M – $2.06M · ±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
$297 / 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
$29,275
Tax year 2023
Assessed value
$235,898
Assessed 2024
Previous assessed
$235,898
+0.0% YoY
Effective rate
12.41%
On assessed value
Land market value
$505,500
Improvement market value
$924,186
Total market value
$1,429,686
Applied tax rate
921,300.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2005
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
6,298 SF
Lot
0.86 ac (37,381 SF)
Zoning code
C-2
APN
102-23-004B
UPID
US07-3388666
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$2.7M
OFFICE BUILDING
Est. value
$1.9M
RETAIL STORES
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2005
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
Dlz LLC
Entity
Mailing address
155 CHINQUAPIN AVE, CARLSBAD, CA 92008-7408
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2019
$1,375,000
Dlz LLC
Pier Estates 83rd Thomas LLC
Special Warranty Deed
$893,750 · Wells Fargo Bank NA
Sep 23, 2005
$2,070,000
Pier Estates 83rd Thomas LLC
83rd Thomas Dev Investors LLC
Grant Deed
—
Sep 7, 2004
$475,000
83rd Thomas Dev Investors LLC
Exxonmobil Oil Corp
Grant Deed
$1,009,523 · Key Bank NA
May 2, 2001
$8,080
Dowell Investments INC
Dowell Family LLC
Quit Claim Deed
related
—
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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