Property profile

8415 Sherman St Tolleson, AZ 85353

OFF-MARKET
Warehouses
Property ID
US07-0809143
13,836 SF 1.08 ac lot Built 2008
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2008
Construction CONCRETE
Total area 13,836 SF
Lot 1.08 ac (46,996 SF)
Zoning code I-1
APN 101-12-627
UPID US07-0809143

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Security Service

Location

8415 Sherman St Tolleson, AZ 85353-3307
Tolleson metro Census 83000 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.19M
Comparable Approach Comparable
$3.17M
Blend (final) Blend
$4.39M

Owner & transaction history

since 2020
Last sale
$3.0M
7 recorded transactions
2020
$3.0M
2017
$1.3M
2016
Price N/A
2013
$4.5M
2011
Price N/A
2011
Price N/A
2011
$4.1M

Zoning & alternative use

I-1 · Tolleson, AZ
Zoning description

Light Industrial Park District (I-1): promote and protect light manufacturing, warehouses, research and development industries, to cluster industries into planned industrial parks, to minimize incompatibility of industri…

General category INDUSTRIAL
Top alternative use upside
Retail stores $4.7M +64.4%
Neighborhood: shopping center $4.4M +54.3%
Medical building $3.5M +24.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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