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Property profile & analytics
OFF-MARKET
Strip malls
8738 Cholla St Peoria, AZ 85345-8601
Entity Owned
5-yr Hold
Free & Clear
Property ID
US07-0038115
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1984
Construction
CONCRETE
Total area
16,490 SF
Lot
1.25 ac (54,494 SF)
Zoning code
C-2
APN
142-45-155
UPID
US07-0038115
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
-
The Dungeon personal training Gym & Fitness Center
-
Bo Bo China Restaurant
-
platinum training services Training Center
-
The Citadel Of Praise Christian Church Church
-
The Door Christian Fellowship Church of Peoria Church
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
Nevada Ventures LLC · 5 yrs held
Nevada Ventures LLC
since 2020
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
C-2 · 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
$12,044
Tax year 2023
Assessed value
$380,423
Assessed 2024
Previous assessed
$311,049
+22.3% YoY
Effective rate
3.17%
On assessed value
Land market value
$372,000
Improvement market value
$1,933,595
Total market value
$2,305,595
Applied tax rate
111,200.0000
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
1984
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
16,490 SF
Lot
1.25 ac (54,494 SF)
Zoning code
C-2
APN
142-45-155
UPID
US07-0038115
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Peoria, AZ
Zoning C-2 · permitted uses
C-2 · 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
1984
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
Nevada Ventures LLC
Entity
Free & Clear · 5 yrs held
Mailing address
23945 CALABASAS RD STE #101, CALABASAS, CA 91302-1500
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2020
$1,375,000
Nevada Ventures LLC
Sunflower Plaza LLC
Grant Deed
—
Sep 28, 2012
$570,500
Sunflower Plaza LLC
8738 West Cholla Street Holdin
Grant Deed
—
Apr 6, 2010
$650,000
West Cholla Street Holdin 8738
Morris Kevin J
Trustees Deed
—
Oct 17, 2006
$1,750,000
Bpre Sunflower Plaza LLC
Sunflower Plaza Investors LLC
Grant Deed
—
Dec 22, 1998
$1,125,000
Sunflower Plaza Investors LLC
Henry,judith C
Grant Deed
$842,500 · Catalina Mortgage Co
Feb 23, 1993
—
Henry,judith C
First American T
Trustees Deed
$365,000 · Seller Carry Back
Feb 23, 1993
$1,165,000
First American Title Trust 7934
A&c Tank Sales C
Trustees Deed
related
$875,000 · Seller Carry Back
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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