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Property profile & analytics
FOR SALE
Distribution centers
841 S 71St Ave Phoenix, AZ 85043
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-1309857
For Sale
1 / 4
$8,200,000
841 S 71St Ave, Phoenix, AZ 85043
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1995
Construction
CONCRETE
Total area
22,118 SF
Lot
2.67 ac (116,499 SF)
Zoning code
A-1
APN
104-16-017
UPID
US07-1309857
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
-
Performance Accessories Industrial Manufacturer Production Facility
-
MCE Fenders Industrial Manufacturer Production Facility
-
Leveling Solutions Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.20M
Owner & transaction history
Galset LLC · 2 yrs held
Galset LLC
since 2024
Last sale
$5.2M
7 recorded transactions
Zoning & alternative use
A-1 · Phoenix, 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 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
$5,200,000
ML approach
$5,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,250,000
Current use
OFFICE BUILDING
$6,640,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$6,590,000
Change: -9% · Conversion: Moderate
MEDICAL BUILDING
$5,870,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$5.20M
Range $4.68M – $5.72M · ±10% · vs last sale $5.20M (May 16 2024)
Last sale anchor
$5.20M
May 16 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
$235 / 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
$47,552
Tax year 2023
Assessed value
$676,003
Assessed 2024
Previous assessed
$676,003
+0.0% YoY
Effective rate
7.03%
On assessed value
Land market value
$712,100
Improvement market value
$3,394,600
Total market value
$4,106,700
Applied tax rate
451,300.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Sale
Year built
1995
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
3
Stories
1
Units
3
Total area
22,118 SF
Lot
2.67 ac (116,499 SF)
Zoning code
A-1
APN
104-16-017
UPID
US07-1309857
Jurisdiction
MARICOPA
Zoning & alternative use
A-1 · Phoenix, AZ
Zoning A-1 · permitted uses
A-1 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$7.3M
OFFICE BUILDING
Est. value
$6.6M
RETAIL STORES
Est. value
$6.6M
MEDICAL BUILDING
Est. value
$5.9M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
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
1995
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
2.67 ac
Current owner
From public records · entity-resolved
Galset LLC
Entity
Mailing address
704 CYN RD, BOULDER CITY, NV 89005-1844
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2024
$5,200,000
Galset LLC
841 Company LLC
Special Warranty Deed
—
Feb 24, 2022
—
841 Company LLC
841 Company LLC
Intrafamily Transfer
related
$200,000 · Horizon Community Bank INC
Apr 14, 1999
—
841 Co LLC
Goodman,c R & Jean D
Grant Deed
$999,500 · Wells Fargo Bank
Jan 4, 1994
$99,024
Daystar INC
Cmd Southwest In
Grant Deed
$71,000 · Banc One Mortgage Corp
Dec 30, 1987
—
Talley Realty De
—
Deed Of Trust
related
—
—
—
841 Co LLC
—
Deed Of Trust
related
$600,000 · Wells Fargo Bank
—
—
841 Co LLC
—
Deed Of Trust
related
$1,608,000 · Wells Fargo Bk
—
—
841 Company L L C
—
Deed Of Trust
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?”
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