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Property profile & analytics
OFF-MARKET
Parking lots & garages
8601 103rd Ave Lot 245, Peoria, AZ 85345-7492
Individually Owned
20-yr Hold
Property ID
US07-0102646
Property profile
Verified
Property type
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Year built
2005
Construction
STEEL FRAME
Total area
360 SF
Lot
0.09 ac (3,986 SF)
Zoning code
PAD
APN
142-87-401
UPID
US07-0102646
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
-
K&j coin¤cy Garden Center Landscaping
-
Famously Flawless Industries Advertising Agency Marketing & Advertising
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Sun Garden Estates Housing Society
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PC Art Computer and Printer Repair Computer & Electronic Repair
-
Gibson's Southwest Maintenance Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rocky L Hermann · 20 yrs held
Rocky L Hermann
since 2005
7 recorded transactions
Zoning & alternative use
PAD · Peoria, 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 Peoria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Peoria 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$739
Tax year 2023
Assessed value
$13,159
Assessed 2024
Previous assessed
$9,940
+32.4% YoY
Effective rate
5.62%
On assessed value
Land market value
$66,100
Improvement market value
$65,489
Total market value
$131,589
Applied tax rate
111,208.0000
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
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
360 SF
Lot
0.09 ac (3,986 SF)
Zoning code
PAD
APN
142-87-401
UPID
US07-0102646
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Peoria, AZ
Zoning PAD · permitted uses
PAD · Peoria, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Peoria. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Rocky L Hermann
Individual
Mailing address
8601 N 103RD AVE LOT #245, PEORIA, AZ 85345-7492
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2005
$152,500
Rocky L Hermann
Humphries Consulting INC
Warranty Deed
$137,250 · Countrywide Home Loans INC
May 18, 2005
—
Humphries Consulting INC
Griffin Properties INC
Warranty Deed
$221,000 · M & I Marshall & Isley Bank
Dec 14, 2001
—
Griffin Properties
Allen Oil & Gas
Grant Deed
$515,000 · Allen Oil & Gas
Mar 30, 2000
$1,625,000
Allen Oil & Gas LLC
Broadland Properties Lago (usa
Grant Deed
$9,250 · Webber & Associates
Jan 8, 1997
$1,764,600
Broadland Properties Lago INC
Wyoming/strong Box INC
Grant Deed
$1,464,600 · Seller
Jul 7, 1993
—
Mike Kelber
Desert Vista Hom
Grant Deed
related
—
Nov 3, 1992
$1,000,000
Desert Vista Home Sales INC
Ballas
Grant Deed
—
Sep 30, 1992
$1,000,000
Terrence E Ballas
Rtc
Grant Deed
$3,162,000 · Seller Carry Back
—
—
Wyoming Strong Box INC
—
Deed Of Trust
related
—
—
—
Jeanette Hermann
—
Deed Of Trust
related
$116,770 · Bank Of America
—
—
Jeanette Hermann
—
Deed Of Trust
related
$75,000 · Nations Lndg
—
—
First American Title Insurance 8
—
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
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