Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,820,000
Strip malls
8350 Lowr Buckeye Rd Tolleson, AZ 85353-7660
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US07-1201960
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Construction
CONCRETE
Total area
7,657 SF
Lot
0.98 ac (42,836 SF)
Zoning code
C-2
APN
101-55-604A
UPID
US07-1201960
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.91M
Blend (final)
Blend
$1.82M
Owner & transaction history
Lower Buckeye Investors LLC · 9 yrs held
Lower Buckeye Investors LLC
since 2017
4 recorded transactions
Zoning & alternative use
C-2 · Tolleson, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
In the C-2 District. In the C-2 District, the following additional uses including the above uses in division (A) above are designated as use permitted subject to a use permit. All use permits must be approved by the Tolleson City Council at a public meeting as per §
Zone name
General Commercial
General category
COMMERCIAL
Zone area
369.65 ac
Source
code of ordinances
Top alternative use upside
Retail stores
$2.6M
+6.5%
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
NEIGHBORHOOD: SHOPPING CENTER
$2,420,000
Current use
RETAIL STORES
$2,575,000
Change: +7% · Conversion: Easy
MEDICAL BUILDING
$1,950,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.82M
Range $1.64M – $2.00M · ±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
$238 / 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
$24,175
Tax year 2022
Assessed value
$206,283
Assessed 2024
Previous assessed
$170,646
+20.9% YoY
Effective rate
11.72%
On assessed value
Land market value
$310,600
Improvement market value
$939,600
Total market value
$1,250,200
Applied tax rate
621,300.0000
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
2006
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
7,657 SF
Lot
0.98 ac (42,836 SF)
Zoning code
C-2
APN
101-55-604A
UPID
US07-1201960
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Tolleson, AZZoning 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
Zoning description
In the C-2 District. In the C-2 District, the following additional uses including the above uses in division (A) above are designated as use permitted subject to a use permit. All use permits must be approved by the Tolleson City Council at a public meeting as per §
Zone name
General Commercial
General category
COMMERCIAL
Zone area
369.65 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.4M
RETAIL STORES
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
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
2006
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Lower Buckeye Investors LLC
Entity
Mailing address
1155 KELLY JOHNSON BLVD STE #302, COLORADO SPRINGS, CO 80920-3958
Ownership since
2017
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
Apr 6, 2017
—
Lower Buckeye Investors LLC
Frys Pad Lbi LLC
Quit Claim Deed
related
$1,320,000 · Firstbank
Apr 10, 2007
—
Frys Pad Dg LLC
Dsg Trust
Grant Deed
$2,070,000 · Wachovia Bank NA
Apr 15, 2005
$300,000
Dsg Trust
Nwc 83rd Avenue & Lbr LLC
Grant Deed
$367,500 · Irwin Union Bank Fsb
Sep 15, 2004
—
Nwc 83rd Avenue & Lbr LLC
Nwc 83rd Avenue & Lbr 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.
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 8350 Lowr Buckeye Rd?
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.
