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Property profile & analytics
OFF-MARKET
Estimated value
$38,200,000
Showrooms
8313 Latham St Tolleson, AZ 85353-9001
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-0937163
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2000
Construction
CONCRETE
Total area
241,920 SF
Lot
13.69 ac (596,205 SF)
Zoning code
I-1
APN
102-46-001C
UPID
US07-0937163
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
-
Arizona Distribution Center Grocery & Convenience Store Distribution Center
-
Circle K Gas Station
-
Circle K Distribution Center Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$38.20M
CAP Approach
CAP
$26.50M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$38.20M
Owner & transaction history
Sl7 Phx Industrial LP · 2 yrs held
Sl7 Phx Industrial LP
since 2024
Last sale
$38.2M
7 recorded transactions
Zoning & alternative use
I-1 · Tolleson, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$38,200,000
ML approach
$38,200,000
CAP Approach
CAP Return
Estimation
6%
$28,705,000
6.5%
$26,500,000
7%
$24,605,000
Blend value · Realmo final
$38.20M
Range $34.38M – $42.02M · ±10% · vs last sale $38.20M (May 3 2024)
Last sale anchor
$38.20M
May 3 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
$158 / 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
$255,679
Tax year 2023
Assessed value
$4,945,760
Assessed 2024
Previous assessed
$4,945,760
+0.0% YoY
Effective rate
5.17%
On assessed value
Land market value
$3,514,500
Improvement market value
$26,459,800
Total market value
$29,974,300
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2000
Construction
CONCRETE
Heating
HOT WATER
Cooling
REFRIGERATOR
Stories
1
Total area
241,920 SF
Lot
13.69 ac (596,205 SF)
Zoning code
I-1
APN
102-46-001C
UPID
US07-0937163
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Tolleson, AZ
Zoning I-1 · permitted uses
I-1 · 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.
Building & site characteristics
From public records
Year built
2000
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
1
Lot
13.69 ac
Current owner
From public records · entity-resolved
Sl7 Phx Industrial LP
Entity
Mailing address
100 CRES CT STE #850, DALLAS, TX 75201-6904
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2024
—
Sl7 Phx Industrial LP
Sl7 Circle K LP
Intrafamily Transfer
related
—
Jun 1, 2023
—
Sl7 Circle K LP
—
Deed
related
—
Mar 21, 2023
$38,200,000
Sl 7 Circle K LP
Az Circle K De LLC
Special Warranty Deed
—
Sep 22, 2021
$41,470,000
Az Circle K De LLC
Circle Owner LLC
Special Warranty Deed
—
Dec 23, 2020
—
Circle Owner LLC
—
Deed
related
$695,000,000 · Barclays Capital Real Estate INC
Nov 13, 2020
$31,850,000
Circle Owner LLC
Latham Industrial LLC
Grant Deed
—
Dec 20, 2016
—
Latham Industrial LLC
—
Deed
related
$9,369,625 · California United Bank
Aug 11, 2014
$14,591,460
Latham Industrial
Eg Properties LLC
Grant Deed
$8,200,000 · Bankers Tr
—
—
Latham Industrial LLC
—
Loan Modification
related
$9,200,000 · Bankers Tr
—
—
Eg Properties LLC
—
Deed Of Trust
related
$5,000,000 · Jackson National Life Ins Co
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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