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Property profile & analytics
OFF-MARKET
Estimated value
$1,825,000
Refrigerated & Cold Storage
855 Acacia Dr Gilbert, AZ 85233-3043
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-3235839
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
2004
Construction
CONCRETE
Total area
8,164 SF
Lot
0.64 ac (27,999 SF)
Zoning code
LI
APN
302-12-437
UPID
US07-3235839
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
-
EDM Express Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.11M
Comparable Approach
Comparable
$1.80M
Blend (final)
Blend
$1.83M
Owner & transaction history
855 N Acacia LLC · 3 yrs held
855 N Acacia LLC
since 2023
Last sale
$1.9M
6 recorded transactions
Zoning & alternative use
LI · Gilbert, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.0M
+104.9%
Neighborhood: shopping center
$3.0M
+103.1%
Medical building
$2.1M
+42.6%
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 Gilbert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gilbert 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
$1,705,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,195,000
6.5%
$1,105,000
7%
$1,025,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,465,000
Current use
RETAIL STORES
$2,995,000
Change: +105% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,970,000
Change: +103% · Conversion: Moderate
MEDICAL BUILDING
$2,085,000
Change: +43% · Conversion: Difficult
OFFICE BUILDING
$1,815,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$1.83M
Range $1.64M – $2.01M · ±10% · vs last sale $1.90M (Apr 24 2023)
Last sale anchor
$1.90M
Apr 24 2023
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
$224 / 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
$11,412
Tax year 2022
Assessed value
$227,783
Assessed 2024
Previous assessed
$191,777
+18.8% YoY
Effective rate
5.01%
On assessed value
Land market value
$533,400
Improvement market value
$847,100
Total market value
$1,380,500
Applied tax rate
410,600.0000
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
2004
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
8,164 SF
Lot
0.64 ac (27,999 SF)
Zoning code
LI
APN
302-12-437
UPID
US07-3235839
Jurisdiction
MARICOPA
Zoning & alternative use
LI · Gilbert, AZ
Zoning LI · permitted uses
LI · Gilbert, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gilbert. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.5M
RETAIL STORES
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.8M
WAREHOUSE, STORAGE Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE 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
2004
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
855 N Acacia LLC
Entity
Mailing address
2064 N 80TH PL, MESA, AZ 85207-2155
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2023
$1,900,000
855 N Acacia LLC
855 Acacia LLC
Special Warranty Deed
$1,235,000 · First Fidelity Bank
Nov 3, 2009
—
855 Acacia LLC
Floyd C Aurich
Special Warranty Deed
$1,164,700 · Wells Fargo Bank NA
Jul 29, 2004
$665,000
Floyd C Aurich
Sid Har Construction INC
Grant Deed
—
Jul 9, 2003
—
Sid Bar Construction INC
Harvey,karl T
Grant Deed
$460,000 · Scottsdale Community Bank
Sep 3, 2002
$140,000
Nachhattar S Sidhu
Phoenix Fiesta Ranch Investors
Grant Deed
$112,000 · Phoenix Fiesta Ranch Investors
—
—
Floyd C Aurich
—
Deed Of Trust
related
$500,000 · National Bank Arizona
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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